Submitted 1 day ago by silence7@slrpnk.net to nyt_gift_articles@sopuli.xyz
I don’t understand why they would want to do a one-time 5% tax on wealth. It seems so shortsighted. What I would do is tax them fairly every year (quarter?) and provide a sustainable income stream for the government.
We all know they don’t pay their fair share in ANY year, so lets just close the loopholes and the gov’t can get that bag.
The reason they want to do it is because it is shortsighted. They want the appearance of resistance without any real material change to the system as it is
In California, any new tax like this has to go to the voters. I suspect that it has been poll-tested.
pdxfed@lemmy.world 1 day ago
What a terribly disappointing conclusion. The author is as naive as he’s under the impression the Democratic party is. Those in control of the Democratic party are absolutely aware where their largest financial backing comes from.
They know it dipshit, it’s why they submarined Bernie and refused to even mention mandamis name until he’d already won. It’s why AOC was passed over for party leadership appointment roles in Congress. They don’t want to win against oligarchy.