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I propose a targeted "Assets Tax"

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WeDidIt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 04:29 PM
Original message
I propose a targeted "Assets Tax"
Basically, anybody who recieved a golden parachute in excess of $5,000,000 at any time in the past eight years should have to pay 51% of their current assets in taxes.

Time to go after the assholes who made out when they raided the finance and investments sectors to line their pockets only to have the taxpayers pick up the tab.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 04:32 PM
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1. I see your point, but I don't THINK you can do retro like that.
Targeting NEW ONES however is a great idea!
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WeDidIt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 04:33 PM
Response to Reply #1
2. Nope, I'm taking 51% of current assets
:evilgrin:
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DesertFlower Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 04:34 PM
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3. agreed.
how much money does anyone really need? geez. if we made $500,000 a year i wouldn't know what to do with it. probably give most to charity.
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