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  •  Tax the crap (5+ / 0-)

    out of private jets, yachts, basically a luxury tax.
    Raise the estate tax on estates over $50 million. Raise taxes on income over $500,000.
    Reduce defense spending by about a third. Stop subsidizing oil companies and large corporations.
    Plenty of ways to raise money without raising sales or property taxes.

    “We are not a nation that says ‘don’t ask, don’t tell.’ We are a nation that says ‘out of many, we are one.’” -Barack Obama

    by skohayes on Fri Nov 30, 2012 at 10:37:50 AM PST

    [ Parent ]

    •  I've been calling for a tax on Wealth for a couple (3+ / 0-)
      Recommended by:
      elwior, skohayes, Joieau

      ....of years.

      It would start at 1% for households with net worth of at least 50M.  The Buffets and Ellisons would contribute 8% of their net worth every year.

      Too radical?

      So was the income tax, until a few brave pols championed it.

      Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. www.hamiltonproject.org

      by PatriciaVa on Fri Nov 30, 2012 at 10:46:37 AM PST

      [ Parent ]

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