Agree with everything this article says.
Still, I am all in favor of Democrats embracing a wealth tax.
Until Warren, wealthy liberals who already made their money (Bezos, Gates, Buffet) could support the Democrats and tut-tut about the fact that the wealthy should pay more, because the Democrats were only talking about income taxes, which are taxes on people trying to get wealthy.
Buffet and co could pretend they were so magnanimous they were willing to pay higher taxes, but actually they don’t need income, they already have their wealth. If the income tx were 100% it would merely freeze them in place as the richest Americans and prevent anyone from ever catching up to them.
Wealth taxes change the game, and have to cause them to think twice about supporting the Democratic assault on success.
There already is a tax on accumulated money and value. The “estate” tax. A tax to prevent you from leaving money and wealth to your children. A tax on a tax - your money was already taxed by the filthy bastards when you were working. So you put some money away, because the sons of bitches won’t let you find a job. If you don’t need it all for hearing aids, eyeglasses, doctors, prescriptions, oil, electricity, casket, and taxes, the tax vipers help themselves to half of what you worked for and paid taxes on.
Members of congress have a compensation plan, health insurance and pension that is the envy of the world. They have nothing to fear financially. They then do this to us? They can go (censored).
Fast forward 10 years.
Your neighbor has no money and about $25k in credit card debt.
You have $52k in the bank and no debts.
Clearly, you have been privileged while your neighbor has been wronged by invisible elements of society. Therefore you should be taxed on your wealth while he should be assisted because of all the wrongs he has suffered.
If you are not a liberal, you may need to have three quarters of your brain removed, but this will eventually make sense - to imbeciles.
One can never get a liberal to define ‘how much is enough?’. However over the years it seems that to a liberal anyone who is doing better than they are is ‘wealthy’. The liberal then puts a target on the back of the ‘wealthy’ person.
It is ironic that the liberal mentioned above does not seem to realize that any liberal who is not doing as well as the first liberal, is putting a target on the back of the first liberal as well.
Liberals always ignore the first rules of life:
1) Life is not fair and there really is nothing you can do to change that.
2) There is always someone faster, richer, smarter, better-looking, etc than you. But there is something you can do to change that. However that requires hard work.