General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"But How Are They Gonna Pay For It" Will Be All We Hear About Covid Relief - Answers
1. Same way we will pay for the $8 Trillion Trump borrowed to prop up his disaster.
2. We make the 1% pay taxes at the same rate working people do.
3. Ask the billionaires who are sitting on $50 Trillion in wealth, and don't pay diddly in taxes.
Just be ready.
That's right. We tax wealth, not just wages. Problem solved!!!
Phoenix61
(17,018 posts)paid in wages and would have been taxed then. Think Walmart, Amazon, Lyft Uber etc
Atticus
(15,124 posts)SoCalNative
(4,613 posts)lower congressional wages to $25k annually. Max.
Resistance1
(103 posts)It will stimulate the economy and generate enough growth and tax revenue. Call it trickle up!
Midnight Writer
(21,792 posts)I see these programs as investments that will increase our country's value.
The Party representing the already wealthy shouldn't complain. It will increase their wealth more than anybody's.
Targeted, widespread spending stimulates our economy far more than tax cuts of equal value.
Resistance1
(103 posts)asiliveandbreathe
(8,203 posts)the ultrawealthy ..could bring in billions in revenue...
Pays a 2% tax on the $950 million between $50 million and $1 billion, and a 6% tax on the remaining $19 billion,..sweet!!! Let's get it done..(I understand this proposal is also on Sanders website)..
SoonerPride
(12,286 posts)Mr.Bill
(24,317 posts)"By taxing the living shit out of people who have so much money they wouldn't even notice if you took half of it away from them."
sop
(10,239 posts)Tomconroy
(7,611 posts)As Harry Hopkins, the great aide to FDR, once said: We will tax and tax, and spend and spend, and elect and elect.