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Progressive lawmakers renew push to increase taxes on wealthiest Americans
The Hill ^ | 03/19/2024 | LAUREN IRWIN

Posted on 03/19/2024 11:29:59 AM PDT by ChicagoConservative27

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To: TiGuy22

“Dems play the long game and accept incremental wins, unlike pubs.”

Exactly!

If and when the GOP learns this, it won’t matter what our overall agenda is.

And yes folks, it does suck when we don’t get what we want as conservatives. But we need to understand that power is very rarely accomplished in one or two bold moves.

It comes incrementally and with patience.


21 posted on 03/19/2024 3:09:57 PM PDT by MplsSteve
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To: ChicagoConservative27
In order to pay a tax on unrealized capital gains, the 100,000 richest would have to sell of some of their assets every year.

This would cause the stock market to fall, and hurt every middle class person who had a 401k, IRA, or any other retirement account.

And how do you even determine the annual appreciation of artwork that that remains owned by the same person over many years? It's impossible. Only a sale will let you know the true value.

22 posted on 03/19/2024 3:54:57 PM PDT by grundle
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To: ChicagoConservative27

I NEVER HAD A PAYCHECK THAT WAS SIGNED BY A “POOR” MAN.


23 posted on 03/19/2024 6:01:51 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: TiGuy22

This is a wealth tax. The uber wealthy can afford to leave high tax areas and/or hire very good tax accountants.

This is nothing but an election year proposal to win votes.


24 posted on 03/19/2024 7:30:03 PM PDT by Texas resident (Biden=Obama=Jarrett=Soros)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...

25 posted on 03/20/2024 9:05:01 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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