Posted on 05/01/2023 6:44:06 AM PDT by SeekAndFind
Would you care to buy some confiscated stock?
No! How would I know that it will not subsequently be confiscated from me?
The stupid burns.
Confiscate, then what? There won’t be any billionaires producing jobs and wealth for the government to tax.
Confiscation is only a one-time deal. Afterward, no person in his/her right mind would be interested in accumulating wealth.
The leftists are so jealous of those who become wealthy. That jealousy makes them greedy.
Of course, the jealousy-greed factor is greatly responsible for the thousands fleeing blue states and moving to red states.
To paraphrase Margaret Thatcher: ‘Socialism is great until you run out of other peoples’ money.’
That wouldn’t leave Joe with any supporters...
Would hurt the Democrats far more than the Republicans.
That happened to some degree in European countries such as Britain and France.
How about the government just seize the second and third homes of politicians.
Then they'll just move the maximum amount over 3 places.....to $999,999.00...
Interesting you should mention voting with your feet. I’ve noticed that every Democratic plan is predicated on everything staying exactly as it is right now. Their new policy, generally for taxes, but there are other things like water rights, will not affect anything else. Therefore, we can easily multiply out the results and we’ll get X amount of additional income. And, it has never, never worked out as planned. Why is that? Because the economy is not numbers. It is thousands, millions of people who make individual decisions based on their own best interests. Numbers are like a receipt that reflect what the people did. I can’t recall which blue state that was unable to raise taxes so they made the new tax voluntary. The support for the new tax was just shy of fifty percent so you’d think that a lot of people would pay the voluntary tax. After several years no one had yet paid the voluntary tax. I’m guessing the people who voted for the tax believed that they would not be affected by it.
It’s time BS went “home.” He’s a crazy old coot. Never worked a day in his life.
But first all wealth and assets over $500,000 should be confiscated from anyone getting a US Government paycheck.
Capitalism - The rich become powerful.
Socialism - The powerful become rich.
The people should confiscate all politicians wealth above and beyond their salaries...
And where does that stop? How much spoil has Sanders taken? He is a hypocrite.
Of course his idea does pose a problem. Many billionarie’s assets are in stocks and very liquid wealth. The government is going to confiscate those assets that can easily be moved off-shore. Also, what would happen to those asset prices once the confiscation started? Drop in value suddenly.
As pointed out, after the Russian Revolution all private property was abolished. So hundreds of thousands of individually owned business were eliminated and never re-opened. And of course GDP fell.
How about 90% of his value?
Bernie’s the government, hence he gets it all.
Fixed it for you. The government will never stop at any number. Just like the original top income tax rate was 3%. They fully intend to seize it all.
Crony capitalism—the few rule the many.
Socialism—the few rule the many.
Fascism—the few rule the many
Communism—the few rule the many.
I think they should collect Bernies brain to study it for deformities.
I think they are just gonna find a dried up walnut in there
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