Next; repeal of the 2017 tax cuts.
We have infrastructure to rebuild, and children to educate without the burden of a heavy debt stapled to their diploma.
There is much to be done.
The Peronal tax cuts have a sunset clause in them. The Corporate ones don't. Time to rethink totally tax levels and structure and to take an axe to the credits relieving the Corporations and the rich from obligation to pay
So very much needs to be done and BidenтАЩs team achieved this goal earlier than they projected so now recognizing that and with the resources that have just be3n approved theyтАЩre ordering more v@ccines. This is so much good news.
I would increase the top marginal tax rate. Eliminate the mortgage deduction entirely for high earners, and for all over time, eliminate the carried interest, keep the corporate tax low, and go for growth.
Quite right on the first 3 but the last one needs a little more work. In these days taxing capital less than income is causing significant distortions all around the world and is biasing the calculation pushing towards automation of everything. You should probably add in a measure to eliminate the carrying over of losses too while you are at it and even another to stop advertizing expenditure being tax-deductable.
Growth these days needs to be a little more conditional too and not the smokestack production of old which in part put us in this "overheating" mess in the first place.
well said. 'Growth" in the sense of exploitation of people/planet is not growth, but destruction. The massive changes required to cope with already incipient shifts in the climate will generate new economies.
And yes, pay taxes to pollute social spaces with purchase propoganda.
Next; repeal of the 2017 tax cuts.
We have infrastructure to rebuild, and children to educate without the burden of a heavy debt stapled to their diploma.
There is much to be done.
The Peronal tax cuts have a sunset clause in them. The Corporate ones don't. Time to rethink totally tax levels and structure and to take an axe to the credits relieving the Corporations and the rich from obligation to pay
I like Sen.Warren's wealth tax. It's targeted and simple.
So very much needs to be done and BidenтАЩs team achieved this goal earlier than they projected so now recognizing that and with the resources that have just be3n approved theyтАЩre ordering more v@ccines. This is so much good news.
I would increase the top marginal tax rate. Eliminate the mortgage deduction entirely for high earners, and for all over time, eliminate the carried interest, keep the corporate tax low, and go for growth.
Quite right on the first 3 but the last one needs a little more work. In these days taxing capital less than income is causing significant distortions all around the world and is biasing the calculation pushing towards automation of everything. You should probably add in a measure to eliminate the carrying over of losses too while you are at it and even another to stop advertizing expenditure being tax-deductable.
Growth these days needs to be a little more conditional too and not the smokestack production of old which in part put us in this "overheating" mess in the first place.
We need to develop an economic policy that doesnтАЩt depend on growth for fiscal health. Unending growth isnтАЩt sustainable in the long haul.
well said. 'Growth" in the sense of exploitation of people/planet is not growth, but destruction. The massive changes required to cope with already incipient shifts in the climate will generate new economies.
And yes, pay taxes to pollute social spaces with purchase propoganda.
Growth as a positive goal does need to be redefined so that growth of good jobs rewards companies and their managers more than cutting jobs.
Limit advertizing expenituresperhaps. A few less box seats at the ball game.
troll...
Agree completely. Add a 2% wealth tax.