Then, expand the child tax credit. Then, we can start income and capital gains tax brackets. There should be a 38% tax bracket on incomes not including capital gains that are$250,000-$400,000 a year, a 40% on incomes not capital gains worth $400,000-$1,000,000 a year, a 55% tax bracket on incomes and capital gains other than real estate for incomes and capital gains other than real estate of $1,000,000-$10,000,000 a year including unrealized capital gains other than real estate, a 70% tax bracket on incomes plus capital gains worth $10,000,000-$1,000,000,000 a year including unrealized capital gains, a 85% tax on income and capital gains worth more than $1,000,000,000 a year, for capital gains that don’t fit the scale there is a 31.5% tax and it does not include unrealized capital gains, Billionaires should suffer a 3% net worth tax every year in addition, millionaires a 0.1% net worth tax.
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