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reformist2

(9,841 posts)
4. Dems should propose a new flat tax... on net worth!
Fri Aug 21, 2015, 08:01 PM
Aug 2015

3% of excess net worth (above a certain threshold) each year, every year. Anyone worth less than $250,000 wouldn't pay anything. But someone worth $10 billion would pay $300,000,000 in taxes each year. And there'd be no loopholes for them to escape, either.

I bet the Republicans wouldn't want to talk about that kind of flat tax!

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