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All these other countries have seen the reality. And evolved. The "Rich" have always written themselves out of the taxation conundrum...they, like their politician puppies, have not been affected by laws that us taxpayers are burdened with.
1 posted on 06/29/2019 5:29:46 PM PDT by Beave Meister
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To: Beave Meister

Wealth taxes are literally unconstitutional here.

The United States Constitution prohibits any federal direct tax on asset holdings (as opposed to income tax or capital gains tax) unless the revenue collected is apportioned among the states on the basis of their population.

It’s all class warfare and political theater


2 posted on 06/29/2019 5:35:13 PM PDT by laxcoach (Government is greedy. Taxpayers who want their own money are not greedy.)
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To: Beave Meister

On top of being bad policy, it’s just really hard to do. Financial assets are mobile and leave the jurisdiction. Real assets often can’t be sold piecemeal to raise the taxes.


3 posted on 06/29/2019 5:39:05 PM PDT by babble-on
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To: Beave Meister
Waiting on these "ultra-rich" to go ahead and write a check to the Treasury.

No need for a revision of the tax law....do it NOW, if you're serious.

4 posted on 06/29/2019 5:42:50 PM PDT by ealgeone
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To: Beave Meister
IIRC Bella Pelosi is one of our richest Congresscritters...many,many millions.I wonder if she,like so many of our billionaires,thinks she should be paying more in taxes.

If she does,I wonder if she "donates" money to the US Treasury over and above what she's required to pay by law.

I'd bet the clothes on my back that she doesn't.

5 posted on 06/29/2019 5:51:50 PM PDT by Gay State Conservative (A joke: Comey,Brennan and Lynch walk into a Barr...)
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To: Beave Meister

I do NOT understand why the wealthy give money to candidates who want to take your money away.


8 posted on 06/29/2019 5:56:35 PM PDT by Singermom
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To: Beave Meister

Next time Warren Buffet says “raise my income taxes” because he doesn’t show any income anyway suggest a wealth tax instead and see how fast he runs away.


12 posted on 06/29/2019 6:12:44 PM PDT by E. Pluribus Unum (Capitalism produces EVERYTHING Socialists/Communists/Democratic-Socialists wish to "redistribute.")
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To: Beave Meister

They show four countries have wealth taxes.

Three are France, Portugal, and Spain.

Anyone know the fourth country with a wealth tax?


14 posted on 06/29/2019 6:23:04 PM PDT by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: Beave Meister

The number one cause for income inequality in the United States of America is unskilled illegal immigrants flowing in from third world countries. Build the Wall and deport the cheap labor.


16 posted on 06/29/2019 8:54:58 PM PDT by Beave Meister (Leave the gun. Take the cannoli....)
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