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  5. We already have an annual wealth tax on homes, the major...

We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?

Robert Reich
Home, Class, Why Not
"The Rise of the Non-Working Rich" by Robert Reich, www.huffingtonpost.com. July 15, 2014.
We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?