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

    • Igotz80HDnImWinning@kbin.social
      258·
      6 months ago

      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.

    • baru@lemmy.world
      91·
      6 months ago

      “both parties are sometimes the same”

      The usual claim isn’t that. What people object to is claiming that both parties are the same.

    • Serinus@lemmy.world
      510·
      6 months ago

      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.

        • Serinus@lemmy.world
          44·
          6 months ago

          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.

            • Serinus@lemmy.world
              22·
              6 months ago

              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.

              • blazera@lemmy.worldEnglish
                4·
                6 months ago

                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.