Sunday, June 12, 2022

Address wealth inequality between races with higher capital gains tax on assets and residential real estate.

I am not a big fan of reparations, but it is true that there is a large gap in accumulated family history wealth between average people in different races. White race having the most accumulated wealth per capita.

One idea would be to more highly tax assets and property when these assets are sold, if the assets have large windfall profits. Houses that go way up in value, stocks or whatever.

Break multi generational wealth advantages. Money could, at least, go toward better social safety net, reducing carbon footprint and needed infrastructure in everyone's community.

Ya, my idea would probably not be that popular among both liberals and conservatives.

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