HistoPol (#HP) 🏴 🇺🇸 🏴

#USpol #TaxTheRich

@realTuckFrumper

#Rawstory:

"#Biden throws down 2024 gauntlet w/ populist #budget...
protecting free health care for the #elderly, while taxing wealthy Americans to help...cut the ballooning federal #deficit by $3 tr. over the next decade...raising #taxes on the wealthy + corporations..."

wealthy = earning more than $400k p.a.

While laudable, #IncomeTax won’t solve the growing devide: #InheritanceTax,
#WealthTax,
#WindfallProfitTax are required.

rawstory.com/biden-throws-down

Upstart Crow

HistoPol
@HistoPol

#TwitterBanned (@neferimhotep) in #TwitterPurge

Passions:

#Politics, #Geopolitics + #ForeignPolicy

#History incl. #Archeology

#Science incl. #Astronomy #ClimateChange #VirusResearch + #Covid19

#Economics
#WindFallProfitTax

#SciFi

Sound analysis.

Opinions=own.

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AVATAR: historic compass, symbolizing new discoveries, history + time.
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ko-fi.com/upstartcrow#pageMess

PICTURE: seat distribution in parliament/Congress.

DTCochrane

Canadian Prime Minister Trudeau rejected a #WindfallProfitTax as “too simplistic”.

But somehow jacking up #InterestRates is not?

This is pure corporate talking point.

DrD

Childcare package is good from Labour, but it’s not the game changer required.

Tax-free threshold up to $15k is.

So is changing top tax brackets + introducing a Windfall Profit Tax profit on energy co’s/banks/supermarkets etc. Both measures would help fund a tax-free threshold.

Use the 2020 mandate and unprecedented majority for truly bold action, or lose in 2023.

#nzlabour. #taxreform #taxfreethreshold #windfallprofittax