That’s half of the €40B the government is looking for this year
Globally? $302–377 billion could be raised—every year
From the ultra-rich. Who currently pay very little.
gabriel-zucman.eu/files/report...
→ Raising taxes on the rich makes good economic and political sense.
EPI’s latest report from @joshbivens-econ.bsky.social 1/
→ Raising taxes on the rich makes good economic and political sense.
EPI’s latest report from @joshbivens-econ.bsky.social 1/
The main purpose of wealth taxes should not be to raise revenue. That's a small and secondary benefit. The main purpose should be to *reduce the fortunes of the ultrarich*. Why? Because those fortunes present a massive threat to democracy and public life.
The main purpose of wealth taxes should not be to raise revenue. That's a small and secondary benefit. The main purpose should be to *reduce the fortunes of the ultrarich*. Why? Because those fortunes present a massive threat to democracy and public life.
And hopefully, with global measures, out of everyone's.
And hopefully, with global measures, out of everyone's.
These tech ghouls have us all on a suicide mission because of their EGOS. 🫠
nobody should have enough money to buy countries
That’s half of the €40B the government is looking for this year
Globally? $302–377 billion could be raised—every year
From the ultra-rich. Who currently pay very little.
gabriel-zucman.eu/files/report...
nobody should have enough money to buy countries
How? Taking out tax-free loans against their stock.
I'm introducing the ROBINHOOD Act to tax these loans and generate $276B for universal childcare and programs to restore access to the American Dream.
Billionaires must pay their fair share.
How? Taking out tax-free loans against their stock.
I'm introducing the ROBINHOOD Act to tax these loans and generate $276B for universal childcare and programs to restore access to the American Dream.
Billionaires must pay their fair share.
www.msnbc.com/the-reidout/...
www.msnbc.com/the-reidout/...