Blog Proposition Vote Compass 2019

Proposition 24: Wealth Tax

The only people who think that wealthy people should not pay more tax are wealthy people, and people who’ve been duped by wealthy people to believe that all tax is bad. Learning a little about marginal tax rates and seeing the amount of money that rich people have left over *after* paying would convert a lot of people I think, but we’re left with no information based on this question alone.

A wealth tax is a really obvious thing, and I think hope people will start to demand it soon.

Summary: This question is lacking some information, but I think it’s clear enough that this gets more of a pass on lacking sources than other questions.

Table of Contents

Brainstorm Mind Grapes

Seeds of Thought – Basic Income

This past weekend, I sat down to put some of my thoughts about basic income in to words, and to share my proposal for a basic income plan that might work in a country like Canada.

I made a video (embedded below) that discusses my idea in some detail, as well as going through some of the reasons I think it’s a good idea. The spreadsheet shown in the video can be found at this link* (cleaned up for ease of use compared to the one in the video): Basic Income Tax Plan.

*The only cell you can adjust in the sheet is the green one at the top to adjust the basic income tax rate.

I’d love to hear some thoughts or counter-arguments to the idea, or the concept of these brainstorming sessions in general. I really found it a useful way to crystallize what I was thinking on the topic, even though it may not make for the most exciting listening.