Sadly this is still just another income tax rather than a wealth tax, despite the name. It won’t affect the truly rich
Shouldn’t every state do something similar? One of my personal views I support is feeding every student in school. Something like 30 million kids in the US are malnourished underfed or starving. In the “richest & most powerful” country in the world, that is just cruel and unacceptable.
Also, I think possibly an important thing to is to make it universal. You don’t need to apply or ask for a free lunch. Everyone gets the same lunch for free. If you make way too much money you’ll pay for it in taxes, but don’t make kids stand out because they don’t have the same access to resources. It isn’t their fault and shouldn’t be their problem to deal with.
Increased million dollar per year income tax. Not millionaires tax. Its very different.
Well at the moment the revenue is not paying for the school lunches, the text says it will in 2024. I wonder if this will work out, or if the rich will leave as many opponents of rich-taxes often argue.
