Tax “Solutions” That DON’T Help Anyone

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Here we go again — politicians rolling out shiny new tax plans that promise fairness, relief, and billions in revenue. Washington State wants a 9.9% tax on income over $1 million, while senators like Cory Booker and Chris Van Hollen are pitching sweeping changes to deductions, credits, and brackets. It all sounds bold… until you actually think about who these policies hit.
In this episode, we break down:
• Why Washington’s millionaire tax will barely touch the ultra-rich
• How executives paid in stock avoid the income taxes politicians are targeting
• Why these policies actually squeeze small business owners and entrepreneurs
• Why wealth taxes trigger migration — just ask California
• How Booker and Van Hollen’s proposals complicate the tax code even more
• The real issue politicians refuse to address: government spending