I hate these liars. They are asking in the way a mugger "asks" for your wallet. The 0.2% already "invest" plenty in stocks, bonds, and private businesses. Congress would piss away increased tax revenue on more spending, not "investment".
The letter is in response to a WSJ editorial previously discussed here, The Tax Increases to Come: Democrats in Congress want to raise the top individual rate to 47%..
Huh?
The American Dream does NOT involve picking one guy's pocket to give to another.
They are also shameless liars.
https://www.realclearpolitics.com/articles/2019/10/15/its_a_middle-class_boom_141497.html
It’s a Middle-Class Boom
WFT does this sentence even mean? One sentence already contains two very bad and fake metaphors.
401K’s and IRA’s are next on these parasites target list.
There ain’t no “ask” to it. It is a seizure at the point of a gun.
Invest. What shyt.
Remember a Surtax is applied BEFORE deductions.
If you own a small business, it comes off the top line.
When Charlie Rangel was Chairman of the House Ways and Means Committee, this was all the rage!!
My response in four words: Thou shalt not steal.
Article claims the rich who will be paying are supportive and agree they should pay more. It’s the same tired old bs we’ve heard before.
I wonder if ANY of these folks who say the should be paying more have ever deliberately overpaid their income tax?
I am not aware of it ever happening.
“Invest” joins the sad list of words that have been altered forever by Newspeak. Being forced to give money to the government isn’t investing in anything, it’s taking money away from investment. It isn’t like buying stock, it’s like paying off Al Capone.
OK riddle me this, commies. How does an ultra-wealthy person’s ability to grow money at a faster rate than I can impact my upward mobility? That’s determined by the choices I make and the effort I expend toward wealth-building. The fact that the tippy top wealthy can grow money faster is due to the laws of compounding. It’s math, dummies, nothing more. There is no limit to the wealth all of us can build.
The “Rich”, already provide more jobs than you could ever imagine.
Just on the Westside of Los Angeles there are about 1 Million People Directly Employed in Servicing the “Rich”, homes, cars,...anything you can think of, that service is being performed everyday for the Rich Greedy Wealthy and Famous
1 Gated Community with 85 Houses has 3000 vehicles a day for Service,work,.... you name it
Oh, they stole it from the other 99%?
If everyone thought as clearly as you we would have a much smaller mess
Ignorance and/or lies. Most probably lies intended to foster economic jealousy as in "Look, the rich aren't doing enough to help you, but we will...with their money."
The big-government democrats want those revenues to finance investments??? Just where do they think these funds are now? Hint, they're not buried in mason jars in the back yard or stuffed in mattresses. That money they want to control is already hard at work. When someone invests in stocks it provides money for a company to stay competitive, possibly grow. Maybe those investments go into startups, creating jobs where there were none before.
The truth is money just sitting there is losing money because there are so many places it could be used for a decent return on investment. Hence the market, savvy investors, etc. don't just sit on money. It is out there working right now. What the democrats, aka leftist/fascists want is control of that money. They want to decide what to invest in, rather than the people who have earned it deciding what to do next. The democrats don't want to do what's best, what will generate the best return on investment and grow the economy. The democrats and leftists want to control that money so they can use it to implement their agenda. If investing in activity X is more likely to succeed than investing activity Y, but activity Y supports the leftist agenda, then they will invest in Y. That's all this is about, funding their agenda.
Why not let these groups work together directly, and eliminate the overhead of government acting as a middleman? No? Does that eliminate the point of the whole scam? :)
There is NOTHING to be gained by a perfectly even distribution of income in the long run. It simply doesn’t work because of the human psyche.
No, you lying sonsabitches. Your plan threatens to take at gunpoint.
If you want the uber wealthy to pay more, get rid of the corrupt tax code that rewards them for investing in ways that line the pockets of politicians and k-street lobbyists. Let them invest as they see fit, without having to pay virtual bribes to hide their income. Reduce the tax code from an encyclopedia to a pamphlet. Lower rates, no deductions, no credits.