Anonymous asked in Politics & GovernmentGovernment · 5 months ago

Are Rich Democrats asking for a wealth tax?

5 Answers

  • RICK
    Lv 7
    5 months ago

    Some are

    Most would prefer higher income taxes instead

  • Mike
    Lv 7
    5 months ago

    They have greed in their hearts

  • 5 months ago

    Some are. Democrats are thinking of ways to make taxation fairer, more equitable. Something like 75% of Americans believe the rich should pay more than they do now.

    People of both parties were scandalized when Mitt Romney released one year of his tax returns, showing he paid a smaller percentage of his income in taxes than a minimum-wage parent. He tried to pretend he was PROUD that he'd paid as little tax as he could get away with. He even pretended it was every American's DUTY to pay as little as he could. I suspect there would be even more widespread outrage if we saw Trump's tax returns, which is why he broke his promise to release them.

    A wealth tax is one of the ideas being considered. Also inheritance tax, and an alternative minimum tax.

  • 5 months ago

    Some yes, knowing full well they have no plans on paying it. It's all virtue signalling. If they truly think they should be paying more, why aren't they sending checks to the government now, to pay their fair share? Why?

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  • Anonymous
    5 months ago

    do you prefer to feed off the powerless?

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