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Reply #20: Not a Freeper. A progressive can recognize something as unfair as well, fwiw. [View All]

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jpljr77 Donating Member (580 posts) Send PM | Profile | Ignore Thu Jan-21-10 08:36 AM
Response to Reply #17
20. Not a Freeper. A progressive can recognize something as unfair as well, fwiw.
Taxing wealth is fundamentally unfair. Plus, it would be extraordinarily complicated. Do you count the total value of a home, or the equity in the home? Tons of questions like that.

It's much simpler than people think to raise money from the rich without going after wealth. Just repeal the Bush tax cuts, revert the top tax bracket back to 39.6%, and tax capital gains and dividends as income. Simple.
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