That's really indeterminate; and besides, the US has no right to judge what is and isn't radical given it's horrid history of of hatred, violence, greed, authoritarianism, and oppression.
I mean we are talking about a US issue, so yeah it does matter what the US thinks on US issues, and it really doesn't matter what the rest of the world thinks.
There aren't many countries out there who don't have a history of that stuff, I don't see why the issues of the past matter at all in this scenario.
History tells us the the US was most prosperous when taxes were at 90% for the wealthy and corporations than could ever possibly be under the current absurdly low or non-existent levels. Everybody knows this. Reagan eliminating those tax brackets was an utterly failed policy, and we have been paying out of our pockets to bail out their continual and repeating collapses every 7-10 years since then, with the first one happening on Reagan’s watch.
Nobody is actually suggesting income tax brackets here, they are suggesting taxing loans and taxing wealth. The things being suggested here have never been done, and yes they are radical because nobody had been crazy enough to implement these ideas ever in the whole history of the US.
There are ways to use loans to hide and hoard wealth. That shit is evil and certainly should be taxed, if not prosecuted. Not sure if that’s what you’ve been reading, but it’s a thing.
Most of the wealth these billionaires have is ownership in their own companies, to take away that ownership because it’s worth too much according to the stock market is insane
Stocks are supposed to be a way to raise capital; the concept of someone being paid in stock to their own company is insane. Its a way to have all the wealth without it being taxable, which is also insane.
That's really indeterminate; and besides, the US has no right to judge what is and isn't radical given it's horrid history of of hatred, violence, greed, authoritarianism, and oppression.
I mean we are talking about a US issue, so yeah it does matter what the US thinks on US issues, and it really doesn't matter what the rest of the world thinks.
There aren't many countries out there who don't have a history of that stuff, I don't see why the issues of the past matter at all in this scenario.
So then you understand that it isnt in fact "radical"
It is radical though, especially given the context.
History tells us the the US was most prosperous when taxes were at 90% for the wealthy and corporations than could ever possibly be under the current absurdly low or non-existent levels. Everybody knows this. Reagan eliminating those tax brackets was an utterly failed policy, and we have been paying out of our pockets to bail out their continual and repeating collapses every 7-10 years since then, with the first one happening on Reagan’s watch.
The only radical here is you.
Nobody is actually suggesting income tax brackets here, they are suggesting taxing loans and taxing wealth. The things being suggested here have never been done, and yes they are radical because nobody had been crazy enough to implement these ideas ever in the whole history of the US.
There are ways to use loans to hide and hoard wealth. That shit is evil and certainly should be taxed, if not prosecuted. Not sure if that’s what you’ve been reading, but it’s a thing.
Most of the wealth these billionaires have is ownership in their own companies, to take away that ownership because it’s worth too much according to the stock market is insane
Stocks are supposed to be a way to raise capital; the concept of someone being paid in stock to their own company is insane. Its a way to have all the wealth without it being taxable, which is also insane.