donheff
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
How many of us really know anything in this regard? Economists are all over the place on the topic with statistics to prove both that the current 15% is choking the engines of industry and that under previous 35% rates those same engines roared.
I'm sure some people out there may propose a wealth tax on net worth but that is a completely marginal segment. Raising such fantasies amounts to a red herring. I would be accused by many of being a "yellow dog..." and yet I haven't seen any of my fellow travelers proposing anything like that.I'm trying to keep any appearance of partisan politics out of this, so let's just say 'some people'.
I do think that some people have suggested a wealth tax. That would capture unrealized gains. I'm not saying it is widespread approach, but I think it has been thrown out there.
-ERD50