One thought on “Redistribution of wealth

  1. Yep, time for a flat tax – with a progressive twist.
    Take 15% off the top from everybody, no deductions, no loopholes, no exemptions: EXCEPT the first $30,000 you earn each year is tax-free. This removes the least fortunate from any tax liability, and gets 15% from the fuckers who pay nothing under the current system.

    Step 2:
    Take 1% wealth tax from everybody with any assets. The only exemption here would be your primary residence and a personal vehicle. Off-shore accounts, yachts, art collections, beach houses, a garage full of vintage cars, etc. would all have to be appraised and assessed a 1% wealth tax every year. This money could be used to fund single payer health care, with enough left over to begin retiring our national debt.

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