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Would You Consider a $1-a-Day Minimum Federal Tax?

Investor and entrepreneur Todd Wagner made his first billion with Mark Cuban — selling groundbreaking tech company broadcast.com to Yahoo for nearly $6 billion back in 1999.

Wagner said on “Fast Money” Tuesday, that he’s for a “dollar-a-day tax on the 50 percent of Americans who are currently not paying any (net) Federal Income tax.”

What do you think of the idea? Would you pay 2 percent more in federal income tax if a $1-a-day minimum contribution tax were instituted for Americans with negative federal income tax liabilities?

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