I would love for higher income and capital gains tax brackets to be electorally viable.
The problem is that without the explicit threat of the USSR, and the implicit threat to the rich that their options are high taxes or death, you’re not going to get that policy enacted anytime soon.
Fuck, just look at the sheer level of bad faith argument made against changes to equalise personal inheritance tax for agricultural business assets (aka farm land) to close a loophole abused by Bezos et al.
As I said, there is not easy path or singular option.
I would love for higher income and capital gains tax brackets to be electorally viable.
The problem is that without the explicit threat of the USSR, and the implicit threat to the rich that their options are high taxes or death, you’re not going to get that policy enacted anytime soon.
Fuck, just look at the sheer level of bad faith argument made against changes to equalise personal inheritance tax for agricultural business assets (aka farm land) to close a loophole abused by Bezos et al.
As I said, there is not easy path or singular option.