gnawing away at the National Debt as it is now. But it is as start.

We need to provide health care, education, etc., too. Cutting the military budget will help too, but heck that's probably the best paying industry we have.

Even with a modest wealth tax, we are going to have to increase taxes on upper middle class before we can ever do the things we want to do. To ever get where we want to be, some candidate is going to have to be honest with people -- and not just aim at the upper 0.1% -- so that we can have a comprehensive plan. Of course, the first candidate to be honest about needing to increase taxes on most people, is going to get run out on a rail.

A 2% tax on wealth over $50 million probably won't get a lot of resistance (although, they'll be plenty of whining), except for those who fear it'll be 4% next, 10%, etc., because we don't really have a comprehensive plan.

Don't really know what the answer is, but we darn sure need to eliminate recent tax cuts, instill some income tax increases, and impose some kind of charge on wealth. But look how many people -- even some Democrats and poor conservatives -- oppose Estate Taxes, which are essentially an end of life wealth tax.

It's going to be tough getting out of this mess.

I don't have any room for being a downer about this one. It is brilliant!

There were more components to it as well.

Have faith!

their heirs have already had every advantage and the dead peop doesn't miss it

I would support exemptions for family farms simply because I don't want corporations owning all farms

back to warren's idea, a modest wealth tax is an excellent start

Wealth tax. That is definitely a progressive policy. It isn't only income disparity that is killing the middle class, but wealth disparity. 2% on assets over 50 million does not seem too extreme, although I am sure that the wealthy will be screaming like their children are being put to death in front of them.

The super wealthy are very few.

I want to go with the "We The People" thing.

That sad reality however, has been that "We the people" have gotten maybe 5% to 10% of the actual legislation that benefits us, while the very few wealthy tend to get 60% or more of the legislation that benefits them.

I agree the we need a real change the benefits the average citizen.

$2.75 Trillion over a 10-year period, affecting/taxing 75,000 people in the US. Think about it. What problems/issues could we solve (or begin to solve) with an extra $2.75 Trillion in the treasury?

The time for the Richie-Rich to pay their fair share has come. This is, indeed, a brilliant idea, one that the electorate can get their heads around.

- Does Congress have the authority to force some one to liquidate holdings to pay a tax on that holding especially if the tax is greater than ones income?

- Assuming they do, who is going to buy those holding being sold? The reason one buys an asset is presumably to grow wealth but what incentive is there to buy such an asset if that asset is subject to a wealth tax?

- A Constitutional Amendment (the 16th) had to to be passed to expressly authorize (and limited to) an income tax. Wouldn't such an amendment be needed for a wealth tax?

- How and when will wealth be valued?

- What would the long term implications of such a tax be?

A cursory web search turns up that countries have been abandoning this over the last couple of decades.

on the TRUMP WEALTH TAX.

A 14.25% tax on wealth over $10 million. Such a brilliant idea: http://www.cnn.com/ALLPOLITICS/stories/1999/11/09/trump.rich/index.html

TRUMP WEALTH TAX. Make him own it.