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Ray Bod
Bloomberg Television
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Comments by "Ray Bod" (@raybod1775) on "Billionaires Could Face a 97.5% Tax Rate Under Bernie Sanders" video.
Donald Kasper That is such a lie. Too few people, those numbers make no sense. They pay virtually nothing in Social Security and Medicare taxes. They pay no more than anyone else in local property, gas and utility taxes. Exactly what subset of taxes are you talking about? Exactly which group of people are you talking about? In what particular state are you talking about?
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Keoni Mana Glad you brought up it is one subset of taxes they allegedly pay. They probably pay less than 5% of Social Security, Medicare, gasoline and other taxes. How about what percent of all taxes people pay. Oh, that figure is suddenly hard to find.
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A wealth tax is the only fair tax. Start by taxing 100% of inheritance over 1 million dollars, let the dead pay taxes.
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No. The wealthy give plenty of money and jobs to their kids during their lifetime. Trusts also need to be included in the tax process. Let the wealthy give it all to charities when they die if they don't want to pay taxes.
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