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Re:'Heads we win, tails you lose': how America's rich turned... by henriquez on Sunday April 26, 2020 @02:39PM (#22989122)
Wealth tax, so once someone is done paying ~40%+ of their income in taxes, between federal, state income, sales, vehicle and property tax, and after years or decades, they manage to build up $2M (which is just barely enough to retire on), you propose to double-dip and tax what they have left after feeding the government for decades? In my opinion that’s straight up immoral.
Re:'Heads we win, tails you lose': how America's rich turned... by ianleeclark on Sunday April 26, 2020 @03:07PM (#22989332)
2M is far above the median net worth for Americans. If 2M is barely enough to survive on, then maybe Americans ought to tax wealth harder to build up a social safety net capable of taking care of them in their old ages.

> In my opinion that’s straight up immoral.

In comparison to the bottom 75/90 percent (rough estimate) not being able to survive their retirement.