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Author: Dope1   😊 😞
Number: of 48447 
Subject: Re: Biden's billionaire tax rate fact checked
Date: 03/11/2024 12:49 PM
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How is that moving the goal posts?

Because the discussion is about the federal income tax. (You introduced FICA, state and other things). They're covered in different areas.

If you want to means test Social Security, you can do that.

If you have multiple taxing entities, you'll get bad policy answers if you look at separate taxes entirely in isolation, rather than considering taxation systems as a whole.

But this is what we have. Taxing wealth (which is what Biden is ultimately going for) is a horrible idea.
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