We don’t need donations, we just need to tax them at the same level we’re taxing regular workers. And since their fortunes are growing at double digit rates, a small annual wealth tax wouldn’t hurt them either.
The community allows for the accumulation of wealth by providing services, security and labor. Therefore the community is entitled to a portion of the accumulated wealth in form of taxation.
No man is an island, and nobody becomes a billionaire from their own labor. Community matters.
We don’t need donations, we just need to tax them at the same level we’re taxing regular workers. And since their fortunes are growing at double digit rates, a small annual wealth tax wouldn’t hurt them either.
We need to bring back the tax brackets from the 1950’s
The community allows for the accumulation of wealth by providing services, security and labor. Therefore the community is entitled to a portion of the accumulated wealth in form of taxation.
No man is an island, and nobody becomes a billionaire from their own labor. Community matters.