I was pure capitalist until COVID. Now I want a 100% wealth tax on anything over a billion, enforced by the military who will be highly paid and vetted for integrity. We need an El Salvador style crackdown on the bankers and corrupt billionaires who have looted everything from the 1% via the Fed

2 comments

1. We can’t even raise capital gains to parity with labor, or eliminate the carried interest loophole. We don’t need a military crackdown, we just need equitable tax reform.

2. El Salvador is not the shining country on the hill it might seem.

   Political chaos. GDP of 35 billion. Per capita income of $5500. High crime. Poor education and healthcare. Complete abortion ban. Human rights violations.

   Might want to pick a different country for an example of how this would work well.

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   Oh – and those gains are on paper. It’s only worth what others are willing to pay for it.