The recently proposed wealth taxes (e.g., Elizabeth Warren’s proposal) that work the way you’ve described would only start on wealth above $50 million.
So your framing of such a tax as a way to steal from your working-class retirement funds is incredibly disingenuous. Unless, of course, you have 8+ figures of wealth. In which case I hope one day you’re made to pay your fair share to society.
So your framing of such a tax as a way to steal from your working-class retirement funds is incredibly disingenuous. Unless, of course, you have 8+ figures of wealth. In which case I hope one day you’re made to pay your fair share to society.