:format(jpeg):mode_rgb():quality(90)/discogs-images/R-1207458-1319293569.jpeg.jpg)
Posted on 02/04/2019 8:54:55 AM PST by SeekAndFind
This is sad.
Politico reports this morning that "polling suggests that when it comes to soaking the rich, the American public is increasingly on board." According to a poll they conducted along with Morning Consult, "76 percent of registered voters believe the wealthiest Americans should pay more in taxes." The story by Ben White also notes that a "recent Fox News survey showed that 70 percent of Americans favor raising taxes on those earning over $10 million — including 54 percent of Republicans." Even Alexandria Ocasio-Cortez's plan "to slap a 70 percent marginal rate on income earned over $10 million clocked in at 59 percent," according to a recent Hill/HarrisX poll. Even worse, Liz Warren's constitutionally questionable "wealth tax" on high earners was opposed by just 20% in that same Politico/Morning Consult survey.
Politico has become increasingly shrill about its leftism in recent years, so maybe take the report with a grain or two of salt. But the current zeitgeist seems to support it.
Here's why it's sad, if true.
One of the big selling points for these confiscatory tax rates is, "Hey, rates were this high in the '50s, and we had a lot less income inequality."
There were a lot of reasons for less income inequality back then, not the least of which is there was a lot less income, and far fewer things to spend it on. Look around your house -- likely two or three times the size of one from the '50s -- and count the things in it which didn't exist in 1959. We've come a long way, and one of the results of that is that the rich have indeed gotten richer. But so has most everyone else. We could do a lot worse than income inequality,
(Excerpt) Read more at pjmedia.com ...
They don’t know that “the rich” are usually the folks that offer folks to work.....better think it thru before you say Tax the “Rich” ......because you may not be working.
MISSION ACCOMPLISHED for the media/education establishment propaganda machine.
Just wait till they find out who the Dems deem to be ‘rich’.................
They are trying very hard to get everyone arguing like it’s 1995 again so the next caravan doesn’t get attention. These silly tax rate proposals are going exactly nowhere. Medicare for all is going nowhere. This is the Left’s version of “boob bait for Bubba.”
Karl Marx would be proud of what America has become.
To paraphrase Thatcher...until the rich runs out of money.
As long as I’m not classified as rich, it’s all good./s
“Eat the Rich”
After their success, later to be translated to “Eat Me!!”
:) . . . which is a danger to their proposition . . . an indiscriminate eating of whomever gets in their evil way. . . .
Then what? Even as a teenager in the 1980s, I knew that wasn't a good plan.
So many Republican voters want to “soak the rich”! Most wealthy people in the last election voted Dem. Do we continue to give tax cuts and breaks to the people who own and run the MSM? Elite cities are the very center of Dem power. They want to open the borders because we make to much money or because we don’t vote the way they want or both. Look at how Hollywood, Silicon Valley and wall street are all aligned against us. What do you expect when Republican country club elites are “working with the Democrats to get things done”. Except for the corporate agendas and their wish lists we lose everything the left always wins. It is not because of poor Democrats it is because of all of the wealth and power of wealthy libs and the fecklessness, treachery and duplicity of the “Republican” scum of the country club. I wonder why only 54% of Republicans want to raise their taxes. It has been said that the strong get stronger until they collapse and the weak get weaker until they rebel. That explains a lot of the election of Trump. Things need to change.
What % of these voters pay income tax to start with? Just more money to feed them welfare.
The Dems have ZERO intention of taxing the rich with an income tax hike the rich can avoid.
Note to Politico: Talk is cheap. Where’s the wealth tax?
Diana, the rich ain’t worried about it, either.
What the Drms are proposing will screw the upper middle class and small biz owners.
I’d think most of those that want to “soak” the rich don’t work anyway,they just want more for nothing.
Yes. I understand that. ;)
I fail to see why Republicans should fight this battle. The ultra rich are ultra leftists who have been bankrolling everything from Hillary’s campaign to Black Lives Matter riots. Why should we defend them now that the hoi polloi is coming for their money?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.