Posted on 09/24/2019 11:18:51 PM PDT by LibWhacker
Unemployment will skyrocket. Meaning more federal dollars going to social services and less coming into the government.
We would quickly be living the 2nd Great Depression.
Was thinking of moving but living in a coastal town at least means we could feed ourselves from the intracoastal waterways.
Not a tax. Confiscation of savings/investments/property. “Tax” is on income, earned/unearned.
Europe has this. Seizure of accumulated wealth.
eff Bezos,Amazon king,richest man in the world,could give each of his 647,000 employees $100,000 and still have $50 billion bucks left.His Whole Foods employees who work 20 hours a week,get health coverage. Hes changing that,now his workers must work 30 hours a week to get health coverage,causing 2,000 of them to lose health coverage !Fluck Amazon !
If Amazon/Bezos hadn’t lobbied and used all those tax breaks, and paid some taxes, I doubt this would be an issue. He knows it’s wrong.
I’ve filled out the forms for an American relative. You have to list everything you own, no exceptions. Then they take a small percentage of your total “wealth” if you are above the threshold. The threshold keeps going down by law and by inflation.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.