To the Editor:
Re “Please Raise My Taxes,” by Eli Broad (Op-Ed, June 26):
In our local food coop, customers who bring their own reusable bags are rewarded with a bean, which they can deposit in any of several big jars labeled for support of individual community NGOs (the food bank, for example).
This leads me to an idea regarding the “wealth tax” now much in the news.
Why not establish a wealth tax and offer those paying it a range of options as to how their tax money will be used? A set of, say, 10 alternatives could be established by a joint government-private commission: infrastructure, K-12 education, climate change, public health and so on.
Giving wealth-tax payers an opportunity to choose how their money will be used might significantly enhance the response of America’s wealthiest to progressive and socially necessary policies.
Robert A. Kapp
Port Townsend, Wash.
Source: Read Full Article
Home » Analysis & Comment » Opinion | How a ‘Wealth Tax’ Could Work
Opinion | How a ‘Wealth Tax’ Could Work
To the Editor:
Re “Please Raise My Taxes,” by Eli Broad (Op-Ed, June 26):
In our local food coop, customers who bring their own reusable bags are rewarded with a bean, which they can deposit in any of several big jars labeled for support of individual community NGOs (the food bank, for example).
This leads me to an idea regarding the “wealth tax” now much in the news.
Why not establish a wealth tax and offer those paying it a range of options as to how their tax money will be used? A set of, say, 10 alternatives could be established by a joint government-private commission: infrastructure, K-12 education, climate change, public health and so on.
Giving wealth-tax payers an opportunity to choose how their money will be used might significantly enhance the response of America’s wealthiest to progressive and socially necessary policies.
Robert A. Kapp
Port Townsend, Wash.
Source: Read Full Article