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sdholloway56
Esteemed Advisor

MMT might be preferable to a wealth tax

Why not just make the total SS and income tax rate 0 under $50K (everybody gets it, no change in benefits) and fund it by "printing money?"

The oligarchy might do quite well in the highly stimulative environment.

Just pass laws to keep them from buying the government.

Same would go for a very generous public healthcare option. If you like your stupid insurance then you can keep it.

3 Replies
sdholloway56
Esteemed Advisor

Re: MMT might be preferable to a wealth tax

'Splain to me why it is unfair that Steve Mnuchin, Wilbur Ross. Betsy DeVos and I all get the same tax cut.

sdholloway56
Esteemed Advisor

Re: MMT might be preferable to a wealth tax

Back of the envelope I'd say that would cost about $750B a year of our current $3.7T tax take.

Yes we can.

 

sdholloway56
Esteemed Advisor

Re: MMT might be preferable to a wealth tax

I'm waiting for our Social Justice Warriors For The Entitled to tell me why they don't want a tax cut.