Social Burden
OK, I'm going to propose something here, and I'd like to hear everyone's thoughts.
We have a large number of huge, very successful companies that place a large "social burden" on the citizens of this country. I'm proposing a tax for those who use taxpayer money to offset legitimate operating costs. We could call this a "social burden tax".
I'm referring to the Walmarts, the employees of which have to get food stamps to survive, the Tricon Residentials who buy huge amounts of single family homes then rent them for exorbitant, unaffordable rates, the private equity firms which are buying and closing hospitals and medical practices.
All of these mentioned have something in common. They are making themselves filthy rich at the expense of the taxpayers.
Who pays for food assistance, housing subsidies, and increased medical costs due to monopolistic practices? We do.
Since a "wealth tax" is anathema to one of the two political parties controlling this country, we could sell it as "reducing public assistance program expenditures". We know this party detests spending government money to help anyone less fortunate, but reducing assistance programs? Sign them up!
Thoughts?