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WarGamer

(18,733 posts)

17. 10m wealth... that's a lot of house and assets. and 0.3% on 10m wealth is just 30k tax

Reply to The Revolution (Reply #15)

Sat Apr 18, 2026, 05:31 PM

13 hrs ago

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When we get back into power, we're coming for the wealthy. But, how do we define the "wealthy?" [View all] PeaceWave 15 hrs ago OP

Start with average income vs median income.. I'm willing to negotiate from there ck4829 15 hrs ago #1

Progressive or graduated taxes Cirsium 15 hrs ago #2

I think the problem is that the "wealth" of the ultra wealthy Bettie 10 hrs ago #23

Tax the wealthy like you want to drown them in a bathtub. bucolic_frolic 15 hrs ago #3

Using Grover Norquist's words against him? I like it. Might I also suggest... PeaceWave 11 hrs ago #21

I don't think that's a difficult question Bluetus 15 hrs ago #4

I'm a big fan of a wealth tax... WarGamer 14 hrs ago #9

Maybe... The Revolution 13 hrs ago #15

10m wealth... that's a lot of house and assets. and 0.3% on 10m wealth is just 30k tax WarGamer 13 hrs ago #17

The people with $10M of net worth are not the problem in our society Bluetus 8 hrs ago #25

Wealth Tax isn't punishment lol... WarGamer 8 hrs ago #30

We should set a high bar. I agree with you. Bluetus 8 hrs ago #32

I have no problems with billionaires... they just need to pay up! WarGamer 4 hrs ago #34

We'll know that when we finish. -misanthroptimist 15 hrs ago #5

Start at the top income...work your way down... ret5hd 15 hrs ago #6

How is it defined when giving out TAX CUTS?! leftstreet 14 hrs ago #7

$400k was the last dividing line... WarGamer 14 hrs ago #8

In income, not net worth. NutmegYankee 14 hrs ago #10

For the wealth tax... I'll start taxing families and individuals at $10M WarGamer 14 hrs ago #11

And, what happens when that $10 million is wrapped up in a farm that feeds the whole community? PeaceWave 13 hrs ago #16

I'm only referring to personal wealth... the farm should be an LLC WarGamer 13 hrs ago #18

These are the kind of exceptions that created the wealth disparity in the first place. PeaceWave 13 hrs ago #19

Every billionaire will suddenly put all their money into an LLC tinrobot 10 hrs ago #24

I think something can be worked out for family farms which was the example. WarGamer 8 hrs ago #31

And what if Superman was a Nazi? dpibel 8 hrs ago #33

Top down, and I'll let you know when we get there. Iggo 13 hrs ago #12

How was it done under Eisenhower? thucythucy 13 hrs ago #13

I'm thinking you need to include any income asset or investment, haele 13 hrs ago #14

This message was self-deleted by its author. demmiblue 13 hrs ago #20

"...taxing of inherited wealth in excess of $1 million." IMO, stupid. flvegan 10 hrs ago #22

Agreed ... That's too low a number. Personal story JT45242 8 hrs ago #28

First off, thank you for your public service. Second, your story is exactly why I wrote what I did. PeaceWave 8 hrs ago #29

Varies by kind of tax... JT45242 8 hrs ago #26

How many... ZDU 8 hrs ago #27

I am a TSP Millionaire DenaliDemocrat 1 hr ago #35