Quote:
Originally Posted by Greedy,Greedy,Greedy
What you're looking at in my view is really pretty close to what Bill Clinton pushed on income taxes with a dash of the current progressive thinking on wealth taxes.
Bill equalized cap gains and ordinary income, and he pared back investment incentives for the most part (though he had his favorites). And it really worked for the economy.
But, glad you agree. And, congratulations, you are now a Liz Warren fan!
I'm unlikely to support Liz, but she is very smart on this stuff and needs to be listened to.
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I thought Warren’s plan was only a wealth tax on those with over $50mil. If these policies are also part of her plan, well I guess I support Warren.
And I think she’ll do even better in an election with a more defensible plan like that.