Tuesday, February 11, 2025

Tag: wealth tax

Watch: Viral animated video shows how just a fraction of Bill...

“You’d have to save more than a $100,000 per year for a MILLION years to get there. So where's that wealth tax?”

The income inequality crisis: Why we need a wealth tax

Not only would a wealth tax raise revenue and help bring the economy back into balance, but it would also protect our democracy by reducing the influence of the super-rich on our political system.

Let’s have a wealth tax to fund Medicare for All

The total amount of tax would be $8.426 trillion. At present, the federal government spends $4.407 trillion annually. The wealth tax would be nearly twice as large.

Trying out the wealth tax for size

This wealth tax looks like a very good thing. Repair the infrastructure, wipe out the student debt, and get single-payer healthcare well established. And all just by taxing a bunch of uber-wealthy.

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