That's factually incorrect. It's easy to make a list of rich people specifically saying tax the rich more.
Leaving that aside, the 1% pay 38.5% of taxes, which seems quite fair as is. We already tax the rich quite heavily.
I'd rather the focus be on compliance. Close the loopholes and catch the tax evaders.
Wealth taxes, if you look at examples elsewhere both present and historically, are hard to do well. I worry the government is not sufficiently competent ( now or in the future) to implement it correctly and it does more harm than good. It's very easy to drive capital offshore and take the potential investment and job creation with it.
Leaving that aside, the 1% pay 38.5% of taxes, which seems quite fair as is. We already tax the rich quite heavily.
I'd rather the focus be on compliance. Close the loopholes and catch the tax evaders.
Wealth taxes, if you look at examples elsewhere both present and historically, are hard to do well. I worry the government is not sufficiently competent ( now or in the future) to implement it correctly and it does more harm than good. It's very easy to drive capital offshore and take the potential investment and job creation with it.