But shaking down the rich for a 10 to 1 return on investment is how Washington D.C. works. It’s only the middle class and little people who pick up the Beltway tab.
Uh, dumb-ocracy! Not what we gots here.
It is bad for a Constitutional Republic as well...
Threatening billionaires is stupid. They are wealthy enough to leave and go somewhere where they are not threatened.
And it’s REALLY bad for a Republic!
I guess no one in the demoncrats saw what happened to France when they tried to do this.
I think the Bezos, Gates and Zuckerbergs should pay some more because they already have dozens of tax loopholes the middle class do not have. Maybe an other 10-15% and maybe closing some loopholes.
We live in strange times. The minimum wage I earned in 1978 is almost $15 hr today according to the CPI calculator. I drove across 3 states last year for a wedding. Saw bunch of signs every few miles help wanted $10-12.00 and no benefits. That does not even match the minimum wage I had in 1978.
The middle and lower classes are on a race towards the bottom and the 55-60% of the population who are barely getting by will continue to vote democrats and more socialism.
Wait until automation and self driving cars and trucks really kicks in and 1/2 the population who are uneducated lose their job.
Peter Thiele of Google knows what up when he said every billionaire he knows has a bolt home to escape to when the masses rise up.
I don’t have the answers but we cannot continue on the path we are heading.
Massive personal wealth accumulation is a mental illness and a category of mind that has no problem with the creation of a police state. You become a member of the zillionair’s club, you become a globalist oligarch. Who needs more than $10 million in their bank account? What else do you need beyond financial security for life for you and your family? Google “obsessive compulsive disorder”. The war against the central banks and the Wall St. financial oligarchy is a war against insanity.
I still think liberals believe in the money tree.
I think the top 10% pay half the taxes already, correct?
Shaking Down the Rich Is Bad for Democracy
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...unless the Rich became rich through crony capitalism, government largess, and corporate bribes to begin with.
You shake down the rich because many are hardcore socialists.
Capitalism does NOT need their money. They just buy up good companies and turn them evil.
JarJar Fatberg weighs in...
If your goal is to install a permanent autocracy that will morph into a monarchy, everything that destroys all of the forms of government are your tools.
Jonah Goldberg, jackass.
The billionaires persecute you: Koch bros, Buffett want open borders and serf wages. Gates wants higher taxes and abortions; Bezos lies continuously thru his Fake News megaphone; Bloomberg wants your guns and Slurpees; Soros hates you and wants you invaded and dead.
I’m not going to defend these scum.