Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

roamer65

(36,957 posts)

9. I would actually lower it to $300k.

Reply to Uncle Joe (Original post)

Thu Aug 5, 2021, 02:05 PM

Aug 2021

I would also look at getting rid of capital gains taxes on assets for anyone with an income $75k or less and over 65.

Those are the people usually selling assets to fund long term assisted living, nursing home or home health aide care. They should have that 15 to 28 percent to be able to afford better care.

Edit history

Please sign in to view edit histories.

18 replies

= new reply since forum marked as read

Highlight:

Do you support raising taxes on people making more than $400,000.00 a year [View all] Uncle Joe Aug 2021 OP

I was looking for the "Hell, yes!" button. DavidDvorkin Aug 2021 #1

Threshold needs to be higher Laura PourMeADrink Aug 2021 #2

What would you suggest as the threshold? Caliman73 Aug 2021 #4

Not true elias7 Aug 2021 #8

What is "not true" Caliman73 Aug 2021 #10

I support Warren's wealth tax. Nt spooky3 Aug 2021 #3

Is it one time tax? jimfields33 Aug 2021 #14

It's annual. Nt spooky3 Aug 2021 #16

Depends how much. Definitely support increase in Capital Gains, Estate Taxes and individual rates. Hoyt Aug 2021 #5

Absolutely. Iggo Aug 2021 #6

I know it won't happen, but we need to redefine "income"... TreasonousBastard Aug 2021 #7

Taxes on both wealth and income need to be steeply progressive. hunter Aug 2021 #15

I would actually lower it to $300k. roamer65 Aug 2021 #9

Other Ohio Joe Aug 2021 #11

Absolutely. FoxNewsSucks Aug 2021 #12

In California, the base amount after taxes is about $215k Sympthsical Aug 2021 #13

Housing prices in California are inflated by those who see it as a safe investment. hunter Aug 2021 #17

I've mentioned this before Sympthsical Aug 2021 #18