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A wealth tax is a dumb idea
Washington Examiner ^ | January 25, 2023 07:14 AM | Editorial Staff

Posted on 01/25/2023 5:40:41 AM PST by Red Badger

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1 posted on 01/25/2023 5:40:41 AM PST by Red Badger
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To: Red Badger

Will the woke uber-liberal Hollywood/Entertainment A-Listers support this? LOL!


2 posted on 01/25/2023 5:45:10 AM PST by BBQToadRibs2
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To: Red Badger

Just dont forget to make a poverty tax too! Oh...wait...

How about an illegal immigrant tax? How bout a corrupt presidents derelict druggie son tax?


3 posted on 01/25/2023 5:47:03 AM PST by know.your.why (If you dont watch the MSM you are uninformed. If you do watch the MSM you are misinformed.)
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To: Red Badger
"A wealth tax is a dumb idea"

And that has stopped the Left from pushing one because?

4 posted on 01/25/2023 5:47:13 AM PST by Tench_Coxe
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To: Red Badger

A wealth tax isn’t a no go because it is counterproductive.

It’s s no go because Deep State is made up of the uber wealthy.


5 posted on 01/25/2023 5:48:24 AM PST by mewzilla (We will never restore the republic if we don't first secure the ballot box.)
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To: Tench_Coxe

Deep State will never tax itself.

It’s good to be Deep State.


6 posted on 01/25/2023 5:49:00 AM PST by mewzilla (We will never restore the republic if we don't first secure the ballot box.)
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To: Red Badger

1. Warren has outlived her usefulness, and, have existed long beyond ‘her warranty’. She must be tired of raiding credit unions.

2. I suggest that the low-tax state of Texas invite the targets of Warren’s current hatred to relocate, to include their incorporative located offices, from those states which have signed ont Warren’s prooposal.


7 posted on 01/25/2023 5:51:34 AM PST by Terry L Smith
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To: mewzilla

This is the Uber Wealthy’s way of making sure there aren’t any more like them. They dislike competition..............................


8 posted on 01/25/2023 5:51:56 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

High taxes destroy wealthy people and economies. The government only wastes money and spends more than they take in. At least wealthy people provide capital to add value or services and goods to other people.


9 posted on 01/25/2023 5:52:20 AM PST by keving (We the government )
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To: know.your.why

Get it! People Hate Rich People. Why are they rich and I’m not? Tax the rich is a way to get the Revenge Vote. Wait for the communists who say—Kill the rich. All for “The People”. Note: none of the political people saying this are poor! All are rich.


10 posted on 01/25/2023 5:53:52 AM PST by Forward the Light Brigade ( Ride to the sound of the Guns!)
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To: Red Badger
Anybody remember HW Bush era 'luxury tax?'

It was supposed to raise $9 billion, but instead killed the yacht building industry.

11 posted on 01/25/2023 5:54:03 AM PST by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: keving

The Uber Wealthy love Capitalism until they actually become the Uber Wealthy, and then they want Communism.................


12 posted on 01/25/2023 5:54:54 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger
The Uber Wealthy love Capitalism until they actually become the Uber Wealthy, and then they want Communism...

Communism is less of a governing philosophy, these days, and more of an oligarchical management tactic to control The Little People.

13 posted on 01/25/2023 5:58:51 AM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Mr. Jeeves

Yes, regardless of what Marx & Engels thought they were creating, the system becomes a tyrannical tool of despots to control the masses...................


14 posted on 01/25/2023 6:00:19 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger
And all of the new 1099's you will be issued, regardless of whether or not you owe the tax. After all, you can't prove you owe no tax until somebody official declares what your house is worth at 12/31/xx. And how much your cars are worth. And how much your furniture is worth. And how much your hobby collection of baseball cards, or plates, or old 33's, or that Lionel set you got as a kid, is worth.

At some point there will need to be a liberal tax on paper, because of all of the paper sent out each year to justify your entry on your tax return of how much the government should tax you. It's only fair.

15 posted on 01/25/2023 6:02:16 AM PST by Bernard (“the rights of man come not from the generosity of the state but from the hand of God." JFK 1-20-61)
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To: Red Badger
The strongest argument is that the burden of proof that such a tax is needed or useful in any way is entirely on those who would impose it.

Incorrect.

The strongest argument is that taxes of this sort are nothing more than theft.

16 posted on 01/25/2023 6:05:08 AM PST by ShadowAce (Linux - The Ultimate Windows Service Pack )
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To: Tench_Coxe

There is already a Wealth Tax.
Save your after tax money. Invest in property. Sell property, pay Capital Gain tax. Die then pay Intermittence tax.
In the meantime pay property taxes you are charged just for owning the property.


17 posted on 01/25/2023 6:09:48 AM PST by oldasrocks
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To: mewzilla
Deep State will never tax itself.

Introduced in House (03/09/2023)
Tax the Rich Act of 2023

This bill imposes a national tax on the excessive rich, defined as any person or entity with combined money and assets exceeding 1 million dollars. Excluded from this tax are U.S. legislators and justices, political PACS, social justice non-profits and individuals and entities located in municipalities running a deficit that's greater than 20% of their received taxes.............

We might think that the SCOTUS would strike down such a bill but the fact is that Congress has passed numerous bill that exempt Congress and other groups.

18 posted on 01/25/2023 6:10:26 AM PST by JesusIsLord
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To: Bernard

It will provide an abundance of tax loopholes to be sold by Congress like in the 1950s through 70s. Next year Guatemalan fruit bat ranches will be made exempt. Then those on the A list will put their properties into trusts owned by their bat ranches while those not approved will have their bat ranches audited and disapproved.


19 posted on 01/25/2023 6:28:35 AM PST by KarlInOhio (Soon the January 6 protesters will be held (without trial or bail) longer than Jefferson Davis was.)
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To: Terry L Smith
1. Warren has outlived her usefulness

That would imply that Warren was at one time useful. Near as I can tell she was never good for anything and was always a shrill harridan wanting to plunder the successful segment of the populace to squander the loot on the gimmies (while of course keeping a significant portion for herself and her deep state accomplices)

20 posted on 01/25/2023 6:33:05 AM PST by from occupied ga (Your government is your most dangerous enemy - EVs a solution for which there is no problem)
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