Jun 17, 2021
Yeah or you can change the capital gains tax rate to 25% or higher. Any profit that is not taxed away flows to the company's stock price or dividends. Profit gets taxed one way or another. The low capital gains tax rate is as bad or worse that low taxes on corp. profits.
If you want to make the rich pay, don't tax income, tax wealth. Tax net worth. Any of the assets the rich don't declare as part of their wealth should be confiscated. If you don't claim it you lose it. Low ball its value the government should be able to buy it from you at your declared value.
TEK