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A top senator wants to tax the cash piles the wealthy are sitting on - and Biden agrees with him
Business Insider via MSN ^ | Sept. 2, 2021 | Ayelet Sheffey, Juliana Kaplan

Posted on 09/24/2021 5:47:44 PM PDT by libstripper

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To: roadcat

The top 1% earn 21% of the nation’s income yet pay 40% of the income taxes.

Their “fair share” is 21%....that’s the tax they should be paying, not 40%

Biden, like most others in his worthless party, are communists.


61 posted on 09/24/2021 7:40:49 PM PDT by july4thfreedomfoundation (Donald J. Trump is my president, not the Commander-in-Thief, brain-dead Joseph Stolen)
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To: DoughtyOne

What juvenile concepts of what happens with wealth...


When I was a lad, I loved reading Scrooge McDuck comics. I really liked the idea of his money bin where he’d roll around and swim in his cash. My dad, who was in finance laughed at the very idea of a money bin. It wasn’t until I was older that I understood his point.

Biden apparently thinks there are money bins to be had.


62 posted on 09/24/2021 7:44:04 PM PDT by hanamizu
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To: july4thfreedomfoundation

If “the rich” would stop supporting and voting in these fascists’ we would not have this problem. I say you voted for this demented fool, YOU own this. Pay up.

I can never understand why minorities in the inner cites keep voting for these dems. The dems still run the inner cities like plantations. Dinesh D’Souza has a great short video of the 5 things dems still do that was done to the slaves by the plantation owners. Still these minorities vote for them EVERY time. https://www.youtube.com/watch?v=WG6jV17qqFI

Wrong is wrong but whites were enslaved as well. https://news.osu.edu/when-europeans-were-slaves—research-suggests-white-slavery-was-much-more-common-than-previously-believed/


63 posted on 09/24/2021 8:15:23 PM PDT by Singermom
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To: BenLurkin
..."If you have wealth I want it".....


64 posted on 09/24/2021 8:18:23 PM PDT by caww ( )
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To: caww

It won’t stop with wealth, or the wealthy. They will not stop until they own everything - food, water, land, jobs, and our health. It’s all happening right in front of our eyes. The “build back better” first has to tear it all down.


65 posted on 09/24/2021 8:24:25 PM PDT by LilFarmer
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To: libstripper

Hey Joe!
Expose an IRS audit of every sitting Democrat in D.C., get them to pay what they owe, and then come and see me, o.k.?


66 posted on 09/24/2021 8:26:42 PM PDT by Fireone (When they pry them from my cold, dead, unvaccinated hands.)
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To: libstripper

Look soon for a new definition of “billionaire”.


67 posted on 09/24/2021 8:27:01 PM PDT by Jim Noble (The nation cannot be saved until the GOP is destroyed)
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To: LilFarmer

And so far they’re successful.


68 posted on 09/24/2021 8:32:36 PM PDT by caww ( )
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To: libstripper

“A top senator wants to tax the cash piles the wealthy are sitting on...”

It’s all in how ya define “wealthy” ain’t it.

On the left “wealthy” means “you got a dolla mo dan me.”

That’s how they teach it; that’s how they screech it.

“Ya got a dolla mo dan me; y’ain’t payin’ yo fair share.”

THAT is leftist economics in sum.


69 posted on 09/24/2021 8:50:52 PM PDT by HKMk23 (LORD, HASTE THE DAY...!)
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To: libstripper

They need to figure out how to pay for all the bs they are spending $ on ..ie 1.2 million illegals for instance.


70 posted on 09/24/2021 9:18:37 PM PDT by HollyB
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To: hanamizu

Leftists seem to have that same perception across the board.


71 posted on 09/25/2021 12:30:59 AM PDT by DoughtyOne (Biden = Green Light to > China, N. K., Russia, M/E Terrorists, FBI, CDC, MSM, & the Left...)
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To: babygene

They want to tax the 401k accounts as capital gains when assets appreciate, then as income when disbursed.


72 posted on 09/25/2021 3:45:16 AM PDT by MortMan (I before E, except after C - That's wierd!)
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To: libstripper

“Taxation without representation” due to stolen election.


73 posted on 09/25/2021 4:08:24 AM PDT by MulberryDraw (Stop trusting in man, who has but a breath in his nostrils. Of what account is he?)
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To: libstripper

Do you want to REALLY get gobs of tax money? Remove the tax exemptions of “non profit” corporations.

Proclaim that investment income of all non profits, including Harvard, the Clinton Foundation, etc., will be taxed at the full corporate rate.


74 posted on 09/25/2021 4:23:11 AM PDT by SauronOfMordor (A Leftist can't enjoy life unless they are controlling, hurting, or destroying others)
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To: libstripper

lower middle class to upper classes, to include anyone who has retired, financial wipe out.


75 posted on 09/25/2021 5:04:09 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: E. Pluribus Unum

And you better NEVER forget it, peasant.


76 posted on 09/25/2021 5:19:37 AM PDT by Hardastarboard (Don't wish your enemy ill; plan it. )
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Couldn’t they derive a better term than “cash piles”?

I know why they used this deflection term. Because the reality of confiscating wealth and savings is maximus Marxist/Communist.

This is why I cashed out one of my 401K at 1300 the day Biden was sworn in. They said they were going to take everyone’s savings and give out I.O.U.s


77 posted on 09/25/2021 5:36:59 AM PDT by USCG SimTech ( )
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To: libstripper

And how do they define billionaire - anyone with a 401K?


78 posted on 09/25/2021 5:54:34 AM PDT by AndyJackson
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To: libstripper
"Biden said. "I just think it's about just paying your fair share, for Lord's sake."

This boy might be in a lot more trouble then he thinks he is..

79 posted on 09/25/2021 5:59:02 AM PDT by unread (Those who can make you believe absurdities, can make you commit atrocities - Voltaire)
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To: GrandJediMasterYoda

Not only biden but the scores of other guberment leeches who have gained on stock options, no bid projects and just plain theft of tax dollars.


80 posted on 09/25/2021 6:00:54 AM PDT by oldasrocks
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