Wall Street Journal lamenting taxes aren't higher on billionaires

The country has a spending problem, not a revenue problem.

As the saying goes and will eventually be driven home someday here, the problem with socialism is eventually you’ll run out of other people’s money.

Taxes aren’t low, it’s just strategy. When you have assets, you take out loans, you are now paying off debt, which isn’t taxed. It’s not like they are getting W2’s

Imagine being in the group of people that think you should pay more so they can pay less or need yours instead

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Exactly right. The government has plenty of money and the private citizen has more right to their money than a corrupt and wasteful bureaucracy.

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Which was being brought out to bright light with DOGE but the spendaholics in DC weren’t crazy about that spotlight being shone.

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We need a 20% flat tax on everybody with no loopholes or hiding income

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I think that’s a great idea, but it does not address the WSJ article, which was about unrealized capital gains.

All the hand wringing about Medicaid in Cali. And not a single mention of the fact that they are giving it to illegal aliens. LOL.

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The country has a spending problem, not a revenue problem.

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I know you mean the country as in the government, but people have a spending problem also. That’s why we need to abolish the income tax and implement a national sales tax.

That way there are truly no loopholes. With a flat income tax, money gained illegally will still not be taxed. With a sales tax, drug dealers, illegals being paid under the table, and even politicians pay their share.

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DOGE was a chaotic shitshow with no
accountability., and it produced no reliable data…

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Complete baloney!

DOGE produced! Congress refused to consolidate.

BTW, DOGE is STILL producing very real gains (about $50 billion per year) for the taxpayers through a reduced federal workforce.

I’ll give a real world example. We hadn’t had a bank charter approved in Louisiana in a couple of decades. I was approached to invest in a bank that was going for just such an approval. I did not, but in due diligence they told me that DOGE had uncovered that we had a team of about 10 (IIRC) regulators who were aimed at new bank charters in Louisiana (It might have been a bigger area. This is not an area of expertise for me), and yet not one approval in 19 years! Now, this was largely because of the reporting regulations created by Dodd-Frank, which are apparently being eased, but DOGE pointed out the foolishness of having a weighty bureaucracy to govern a process that wasn’t being executed.

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Has become apparent the Wall Street Journal is to the left of the New York Times.

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An exaggeration. But not much of one. The WSJ is now garbage.