... so folks like the Rockefeller's can't avoid taxes for 100 years and entities like Blackrock, Vanguard, State Street get to pay their fair share on their raw monopolistic economic power.
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Tax luxuries ...planes boats..anything not a need
Your an idiot. Middle class folks want boats and planes and the such and we save for it or pay notes. Why would you want a luxury tax when a flat tax would more than cover the need.