It is past time to fix this.
A two-cent wealth tax changes this country fundamentally because it means we say as a nation, we are going to invest in the next generation.
Thank you, Senator Wyden.
I think a big part of making the tax system fair is about how the IRS enforces the tax laws that are already on the books.
Would a tax on book income, like my Real Corporate Profits Tax, ensure that these giant companies can't get away with paying nothing in taxe...
I understand that you object to my calling people who do not pay the taxes that are legally owed 'tax cheats.'
Well, these taxes would raise as much as $6 trillion that we can pour right back into communities and families all around this country.
Our tax code is rigged in favor of giant corporations like Disney, and everyone else, people like Ms. Straughter, are paying for it.
As President Biden has said, we have firemen and teachers paying 22 percent, while these giant companies pay nothing. That is wrong.
Audit rates for people reporting more than a million dollars in income have fallen by 70 percent.
We are constantly treated as not even second class citizens. We are constantly and structurally deprived of opportunities.