>>4887105
Take her 70% tax idea for an example….
Problem that we can all agree on:
the middle class is dwindling (or at least was before Trump) and the rich are becoming more rich as compared to the poor. To a point, some of Trump's campaign vernacular played to this issue; "The Elite doing everything to keep their power (aka money)"
AOC's dumb solution: add a 70% tax bracket to over 10 million income.
Real solution: Lower taxes across the board, but make all income taxed the same: stock profits, real estate profits, interest profits.
Why? Because the uber rich don't make most of their money from a salary.
Caveat: short term and long term stock gains taxed the same. Income is income.
Plus: You can write off business expenses and losses on transactions (stocks / real estate / gambling / etc)
It would be much easier to do taxes. Three boxes: money in (+), business expenses or losses (-), (=) final number to be taxed on.
I do think this is the most fair for all involved.
Sorry for the policyfag post, but felt the need to let it out.