I can’t believe I have to say this, but giant corporations shouldn’t pay less in taxes than a teacher or a firefighter.
We’re going to change that – and ensure corporations finally pay their fair share with the Made in America Tax Plan.
Min wage
Costco: $16
Walmart: $11
Average pay
Costco: $24
Walmart: $15
Employees on food stamps (subsidized by you)
Costco: Virtually none
Walmart: More than any other company
Founder net worth
Costco: not a billionaire
Walmart: over $220 billion; up $30 billion in pandemic
lots of young screenwriters DMing me asking for advice to get into the Netflix pitch room. Here’s what I have to say: replace your main character with a ditsy white girl and they’ll sign off on it on the spot
Buffett once said: “It’s not about timing the market, it’s about time in market.”
There should be a step down in capital gains tax for individuals as they hold stocks. 20% per year decrease in cap gains tax. 0% after a five year hold period.
Incentivize long term behavior.