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Political Discussion
Reply to "Elizabeth Warren Draws Record Crowd of 15,000 in Seattle"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] Anyone else feel like two cents on the dollar post $50 mil is crazy low? How about 20 cents? Or even 10 cents? [/quote] It’d be an annual tax. So it can’t really be any more than the expected rate of return (obviously the expected rate of return ranges depending on the asset class, but let’s say that’s 5%). And realistically, the annual wealth tax needs to be a good bit less than that. Otherwise why bother accumulating assets at all?)[/quote]
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