I think citing people "mad at the company" is a straw man. I'm sure someone is, but most people are angry at the system.
It's really quite simple. My marginal tax rate is probably 28% or 32% or something. My effective federal rate is, I'm sure, sub-20%, but every additional dollar I make is taxed at that top rate.
I don't need billionaires to be taxed at 70% or have a wealth tax. I just want people to pay the tax they're supposed to pay. I don't want loopholes where someone made $100m through cattle future derivatives that have a carve-out when implemented in cities in farm states with populations of under 10,000, so they pay 0%.
Same for corporations. Fine, you write of x,y,z. But at some point if you're making more money than ever you shouldn't be paying less tax than ever, let alone $0. The solution, in my mind, is not to soak them for being successful. The solution is to find each and every loophole they're exploiting, and tear them the hell up.
I think citing people "mad at the company" is a straw man. I'm sure someone is, but most people are angry at the system.
It's really quite simple. My marginal tax rate is probably 28% or 32% or something. My effective federal rate is, I'm sure, sub-20%, but every additional dollar I make is taxed at that top rate.
I don't need billionaires to be taxed at 70% or have a wealth tax. I just want people to pay the tax they're supposed to pay. I don't want loopholes where someone made $100m through cattle future derivatives that have a carve-out when implemented in cities in farm states with populations of under 10,000, so they pay 0%.
Same for corporations. Fine, you write of x,y,z. But at some point if you're making more money than ever you shouldn't be paying less tax than ever, let alone $0. The solution, in my mind, is not to soak them for being successful. The solution is to find each and every loophole they're exploiting, and tear them the hell up.