Posted on 10/05/2019 7:56:06 PM PDT by SeekAndFind
Will it net about 120 trillion dollars?
Because that’s about what we owe including unfunded liabilities.
Sorry, I don’t see where taxing some of Soros’s wealth (starting at the $1billion level) will hurt me or anybody else. In fact, I d support it if they lowered axes on the middle class as a tradeoff
Eliminate income tax
Do sales tax
And stfu already;
It would be gone before the first year's tax. Billionaires are "money-smart." They would move to Costa Rica or the Bahamas, etc. We would be short any taxes they might have paid.
They will quickly expand it to everyone else. Income tax was sold as a tax on the top 1%, then that grew to encompass pretty much anyone with a job.
A tax on nasty globalists is not a bad thing. A list of bilderbergers, Bohemian grove, Georgia guidestone devotees.
It’s not really a tax, think of it as war reparations against globalists.
Bernie and his fellow communists would be much faster and more violent building a wall to keep citizens and their property in than President Trump and the feckless Republicans in Congress have been at keeping non-citizens out.
Have you hear this quote?
First they came for the socialists, and I did not speak out—because I was not a socialist.
Then they came for the trade unionists, and I did not speak out— because I was not a trade unionist.
Then they came for the Jews, and I did not speak out—because I was not a Jew.
Then they came for me—and there was no one left to speak for me.
Singling out a class of people to target is an attack on the freedom and equal justice of every one of us.
Warren has also said that she would rob the rich and has only avoided saying it recently. She and her people are afraid that they won’t get donations without moderating her message to exclude talk of hard socialism.
People with great wealth don’t actually sit on piles of gold and count their coins like in the King Midas fairy tale. In addition to growing their business they create more and better jobs, products, services, and advance human happiness through medical research and philanthropic projects they love.
Here in San Diego we have some the the top world class medical facilities and cultural centers that have names like the Jacobs Medical Center or the Conrad Prebys Performing Arts Center. These were all created by billionaires who chose to improve their communities with the fruits of their work.
If this money goes to the government it will be put to important projects like getting politicians reelected by redistributing money from each according to their abilities to each according to their needs. Its not about the money in the end, its about freedom.
The great wealth produced in America is the result of our great freedom to chose. Without that we are all slaves. Envy and resentment is not a valid foundation for an economic system.
Most billionaires are open borders activists, paying to fight the MAGA agenda. Name a billionaire who isn’t against MAGA.
It’s wired to see Freepers defending billionaires who want to swamp this country with illegals
It reminds me of Freepers making excuses for McCain back in 2008 and Romney in 2012
The polite word for that is sheeple. The harder word is suckers
F ‘em. They want open borders, they can pay for it.
You are of course entitled to your point of view. Billionaires are no more homogeneous than women or black people or the police. To believe otherwise is to ignore common sense and human experience.
I am engaged in the fight against globalists, elites, & all those who strive to control humanity for profit or in the name of a better social outcome.
I am not willing to judge people by their worldly wealth without considering them as individual and knowing the paths they have walked. Neither am I willing to ignore the fact that many projects that create opportunities for others and a better standard of living for a wide swath of Americans require a great deal of capital to be hazarded. Only the truly wealthy have this capability. Even were that not true confiscatory practices that target one class are anathema. That is not the proper way to target the evils of globalist & corruption. Such a practice is a violation of our founding principles.
Good night & freegards.
Agreed.
Our country was very productive during the Eisenhower years when taxes were higher. I think taxes on the middle class need to be drastically reduced because families are struggling to get by. But taxing billionaires on some of their billions won’t harm anyone. If they would stop, as a class, promoting open borders, globalism and offshoring of American jobs, I’d be willing to reconsider
Of course. Yes I have.
But the problem is that we are at war with some very evil globalists that want one world government.
I wouldn’t single anyone out by income. However, we should single them out by evil. Start with Soros. And we should add those billionaires that are using their inordinate influence to destabilize national sovereignty, individual rights, population control, monopolization of resources, market manipulation, elimination of competition and free enterprise via regulation, control of all media and technology companies.
The problem with some (not all) of these billionaires is that after they have made or inherited their money, they use their money to manipulate government institutions into restricting competition and individual rights for everyone else. This inordinate influence leads to fascism.
I’m not talking cheating the upstart businessman who made a killing on a great invention or even a lazy playboy that lives on the Côte d’Azur.
The best way to limit the inordinate unhealthy influence of malevolent billionaires is through decentralization of government. People can control their governments best at the State level. If there’s less money and power at the federal level, billionaires will be less interested in buying them off. Sure, billionaires can attempt to buy out local and state governments, but if they do, an informed citizenry can more easily expose and vote out the corrupt politicians. And if they don’t, on to another state. We don’t have a chance checking nefarious influences at the federal level because of unaccountable bureaucrats and carreer politicians.
Ah, there you have it. Theyycaught in their own making. If they tax billionaires out of existence, who’s going to pay for their campaigns? Who’s going to bribe them? Who’s going to make THEM billionaires?
Government is already way Way WAY!!! too big, no reason to make it bigger. The last line of the article is poignant... I modified it slightly to make government stand out as the beneficiary for this confiscation, as it is only one trillionaire I’m concerned about, as a tagline.
Quite sure Bernie would exclude government officials from his wealth tax.
Ok maybe not him but someone would come along very quickly and exempt themselves.
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