facebook Twitter Like Gmail By Jake Johnson July 26, 2023 A group of progressive U.S. lawmakers on Wednesday proposed a wealth tax that would automatically rise during periods of surging inequality and fall once inequality moderates. The tax is at the heart of new legislation called the Oppose Limitless Inequality Growth and Reverse Community Harms (OLIGARCH) […]
And those stingy rich won’t even pay a penny for the taxes. They’ll find another way to hoard their wealth.