Wealth Tax

I believe what the people are talking about in this meme is the top marginal income tax rates.

Obviously, it would be good if there were no loopholes by which our top earners could avoid income tax, but what we really need is a wealth tax that applies to all net worth over a certain amount.

The combined net worth of all billionaires is $12.2 trillion. A tax of 5% would raise $600+ billion annually, more than sufficient to end hunger and decarbonize our energy and transportation sectors.