A Global Tax on Billionaires? Janet Yellen Says ‘No’
A Global Tax on Billionaires? Janet Yellen Says ‘No’
Treasury secretary came out against the proposed global levy, which proponents say would stop the rich from shifting wealth into countries where they can avoid paying the tax
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Hey neolibs, now are we allowed to say how things like this help give credence to the often-cited but obviously not completely accurate “both parties are sometimes the same” statement?
Or am I going to get a billion downvotes, and someone replying to me with an amazing list of accomplishments that breaks down for me how Biden reduced the prices of not only ketchup BUT ALSO mustard packets (although technically it’s starting in the calendar year of 2025 assuming Congress passes his new bill via a one time partial mail in rebate for those who qualify via income cap rated at 4.312x the current rate of poverty based off your income tax return average from 2020-2023)?
Legit. Sick off the bluemaga bullshit. “The other guy is terrible so I don’t have to align with the ‘leftist’ views held by 60% of constituents” is all worn out.
“both parties are sometimes the same”
The usual claim isn't that. What people object to is claiming that both parties are the same.
A wealth tax is dumb. Luckily, Biden has never advocated for a wealth tax.
You can call me a neolib if you want, but I still want a 80% marginal tax bracket, and I want capital gains taxes to be higher than payroll taxes.
A wealth tax is dumb
riveting counterpoint
It's almost like you intentionally missed my point because you wanted me to elaborate on something that's been well covered elsewhere.
Or you simply wanted a pithy, empty quip and would have latched onto anything you could find.
Yeah elaborating on claims is how these discussions work.
https://lemmy.world/comment/10185336
https://lemmy.world/comment/10183600
https://lemmy.world/comment/10183893
I don't know why you needed me to link you other comments in this post, but here you go.
A wealth tax just isn't good policy, especially when there are better alternatives, like capital gains taxes and income taxes. Those also fix deeper issues than just a wealth tax that encourages spending outside of the country.
But really this post is just about ranting against Biden and fudging any details necessary to make it fit.
Do you just not have a reason for thinking a wealth tax is dumb? The first link just...is not whatever you think it is, its someone ranting against biden and someone else saying biden didnt mean to say wealth tax. But nothing in there criticizing a wealth tax itself. The second link i also responded to, and the third link is debating whether or not it would be legally allowed.
a wealth tax that encourages spending outside of the country.
You didnt even read the second word of the title man. This is an international proposal specifically for this reason.