No, adjust to this tax plan instead:everyone making under $250,000 a year should pay what they’d pay before the tax cuts and jobs act, income tax rates on people making $250,000-$400,000 a year not including capital gains should have a 38% rate, people making $400,000-$1,000,000 a year should pay 40%, people making $1,000,000-$10,000,000 a year including capital gains other than real estate and deducting capital losses other than real estate, should have a 55% income and capital gains tax bracket and 40% on unrealized capital gains, , people making $10,000,000-$1,000,000,000 a year including all capital gains and without capital losses the income and capital gains tax rate should be 70% as well as 55% on unrealized capital gains, people who make $1,000,000,000 in income and capital gains and up should pay 85% and unrealized capital gains should be taxed at 70%, capital gains that don’t fit this scale should be taxed 35%, and unrealized capital gains that don’t fit the scale should be 20% for stocks and bonds and 0% for real estate. Rich people who lose money in the year should still pay a lot of taxes, however, so billionaires who lost money or made lower than $10,000,000 in capital gains should owe a 3% net worth tax, and millionaires in general should pay a 0.1% net worth tax, the corporate tax rate should on large multinational corporations should be 60% if they use fossil fuels and 40% if they use renewable energy and when they all use renewable energy it should be 50%, small businesses should pay 35% if they use fossil fuels and 32% if they use renewable energy and 33.5% when they all use renewable energy, the estate tax rate should range from 25%-55% rather than 18%-40%. Of the money raised from these taxes, half should go to the Green New Deal which will start with the Green portion, and half will go to paying off the national debt. Almost every country in the world is in debt, so we should make sure that all of our federal debt is owned by foreign countries, not businesses, because other countries
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