this post was submitted on 12 May 2026
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yeah because he wanted to seem reasonable in a insane country. in a normal world you would to tax them out of existence and pay for the deficit and more.
Oh, 100%! I'm just saying that people can't say "the wonders of taxing the rich" like that, because that brought in 1/24th of the needed money. The true wonder was the money the state gave them (7 bil, IIRC).
But I'm truly hopeful he won't stop here and will work on actually taxing the rich properly.
yeah. but I meant to say it does show the wonders of taxing the rich, even if this is not particularly. if this tiny amount of tax alone closed like 5% of this insane deficit, that's still proof that actually taxing them what they deserve will do wonders.
I agree with both of you and I'll add that the negative publicity of rich folk gnashing their teeth about something as out of touch to working Americans as taxing a 5m+ second home is a good first step on popularizing and eventually executing the rest of his tax plan.