jeffw@lemmy.worldM to

News@lemmy.world · 3 months ago

'Let's Go!' Top Economist Applauds as Harris Signals Support for Billionaires Tax

www.commondreams.org

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'Let's Go!' Top Economist Applauds as Harris Signals Support for Billionaires Tax

www.commondreams.org

jeffw@lemmy.worldM to

News@lemmy.world · 3 months ago

'Let's Go!' Top Economist Applauds as Harris Signals Support for Billionaires Tax | Common Dreams

www.commondreams.org

An economist at the forefront of the growing global push for a billionaire wealth tax is welcoming news that U.S. Democratic presidential nominee Kamala Harris is embracing calls for a minimum levy on the United States' richest individuals.

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breetai@lemmy.world
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3 months ago
Wealth taxes are unconstitutional in the United States. It would require an amendment to change that.

Capital gains should just be taxed an ordinary income. That would solve a lot of issues such as Medicare, social security, etc.
- ECB@feddit.org
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  Whether they are constitutional seems to be a fairly open source of debate currently.

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