Denis Buckley on Nostr: From Robert Reich... 'The OLIGARCH Act would establish a wealth tax with four ...
From Robert Reich...
'The OLIGARCH Act would establish a wealth tax with four brackets:
2% for all wealth between 1,000 and 10,000 times median household wealth;
4% for all wealth between 10,000 and 100,000 times median household wealth;
6% for all wealth between 100,000 and 1,000,000 times median household wealth;
8% for all wealth over 1,000,000 times median household wealth.
As we know, some of the richest individuals consider tax evasion to be a patriotic duty.
'The OLIGARCH Act would establish a wealth tax with four brackets:
2% for all wealth between 1,000 and 10,000 times median household wealth;
4% for all wealth between 10,000 and 100,000 times median household wealth;
6% for all wealth between 100,000 and 1,000,000 times median household wealth;
8% for all wealth over 1,000,000 times median household wealth.
As we know, some of the richest individuals consider tax evasion to be a patriotic duty.