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Ocasio-Cortez’s 70% Tax Proposal Is a Great Start—But We Need to ABOLISH the Ultra-Rich
In These Times ^ | January 19, 2019 | MARK ENGLER AND ANDREW ELROD

Posted on 01/19/2019 11:39:38 AM PST by GuavaCheesePuff

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To: GuavaCheesePuff

Communists are about to be abolished.


41 posted on 01/19/2019 12:26:51 PM PST by DarthVader (Not by speeches & majority decisions will the great issues of today be decided but by Blood & Iron)
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To: goldstategop

I concur.


42 posted on 01/19/2019 12:27:25 PM PST by DarthVader (Not by speeches & majority decisions will the great issues of today be decided but by Blood & Iron)
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To: GuavaCheesePuff

Clever of the Left; get everyone upset about tax rates that will never be implemented so they stop paying attention to the demographic replacement scheme that proceeds apace. At least they feel the need to deflect attention.


43 posted on 01/19/2019 12:28:06 PM PST by cdcdawg
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To: Bob434
The middle class were hardest hit

That is the socialists' plan...to eliminate the middle class.

44 posted on 01/19/2019 12:28:21 PM PST by hattend
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To: GuavaCheesePuff

Details of Democrat Communist Antisemite Ocasio-Cortez’s Ties To George SOROS Revealed

Link: https://gellerreport.com/2018/08/ocasio-cortez-soros.html/

Plus folks like Soros can transfer their wealth to organizations unaffected by such taxes without losing control:

Soros transfers $18 billion to his “charitable foundation”.

Link: https://www.washingtonpost.com/business/capitalbusiness/billionaire-financier-george-soros-shifts-18-billion-to-his-charitable-foundation/2017/10/17/d62d69b8-b374-11e7-a908-a3470754bbb9_story.html?utm_term=.74e021dc6844


45 posted on 01/19/2019 12:28:51 PM PST by CharlesMartelsGhost
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To: GuavaCheesePuff

As an alternative, it could be said that wealthy beyond a certain plateau should have some ramifications.

That is, beyond a certain amount of wealth, the most profitable investment is politics, both directly and indirectly. Much of the offensive character of the very rich is un-democratically “horning in” to politics to take away power from everyone else.

So how to remedy this? Some possibilities:

1) Create a surcharge tax on political donations from such people and those acting under their auspices. If that isn’t enough, then make it a two-way tax. Say they contribute $100k. Their end of the tax would reduce it to say, $50k. Then the politician who receives it would also be taxes $40k for getting it. So the total for that politician to use would be $10k.

But some non-super wealthy person could give $11k, no problem. This would “level the playing field”.

2) Severely restrict tax deductions to NGOs by them. For example, Bill Gates set up his foundation for its tax benefits, but that money must be spent, so it is spent whimsically, and may cause much harm in the US and around the world.

Such an act would finally snuff out hundreds of foundations that are the grit in America’s gears. And tens of thousands that carry out the wishes of Nazi scum like George Soros.


46 posted on 01/19/2019 12:31:09 PM PST by yefragetuwrabrumuy ("There is no 'try' only sasuga!")
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To: GuavaCheesePuff
Facts for Occasional Cortex and her crowd, from 2014 government sources:

The top 50% of earners pay 97% of all income tax collected.

47 posted on 01/19/2019 12:38:04 PM PST by rlmorel (Leftists: They believe in the "Invisible Hand" only when it is guided by government.)
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To: yefragetuwrabrumuy

LOL, I was all prepared to jump on your post, but...good post!


48 posted on 01/19/2019 12:40:22 PM PST by rlmorel (Leftists: They believe in the "Invisible Hand" only when it is guided by government.)
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To: GuavaCheesePuff

Jealousy is, at is root base, a murderous emotion.

The jealous don’t just want what other have. The jealous want others dead for having what they, the jealous, don’t have.


49 posted on 01/19/2019 12:41:34 PM PST by Grimmy (equivocation is but the first step along the road to capitulation)
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To: bert

Why do you label everyone who doesn’t agree with an economic system where the rich keep getting richer and everyone else gets further in debt a “leftist”? Most Deplorables just what a fair shot at a good life and their government to work for the good of all US citizens, not just those who fill pols’ pockets.


50 posted on 01/19/2019 12:42:25 PM PST by grania ("We're all just pawns in their game")
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To: grania
“The concentration of wealth with the obscenely wealthy at the expense of a vibrant middle class is a problem.. Back then, our neighborhood of new houses included doctors, lawyers, teachers, factory workers, construction workers, office workers. One income supported the family.”

One of the primary reasons for this is RESENTMENT - the same resentment that has led to an increased number of those supporting socialism in America.

A vibrant middle class requires the freedom for people to improve their socioeconomic level and ‘climb the ladder’ via their own efforts and drive. A significant swath of the populace resents this - as it leads to people ‘just like them’ achieving more than them and having more financial resources. It's jealousy, and resentment - the same kind that fueled the Bolsheviks, the Chinese cultural revolution, and those who handed the reigns of power and the resultant destruction of Venezuela to Chavez and then Madura. These are the same types of people (with the same resentments) that AOC appeals to.

These same people don't mind movie stars, pop musicians, athletes, etc. having lots of money - because becoming wealthy in those ways is somewhat like winning the lottery. Few from within their ranks ever achieve success in those ways. If they do, it is attributed to their good fortune (they were lucky to be born with that talent or that athleticism). It doesn't reflect back on the crowd, as an indictment of the efforts they didn't make.

The general ways that people have traditionally climbed the ladder in America don't usually lead to them becoming the ultra-rich. Becoming a practicing physician or lawyer does make most ultra-rich. Starting a small business and growing it generally doesn't lead to people becoming ultra-rich. Working two-jobs for years and wisely investing your money can lead to a rise of several rungs on the ladder - but generally doesn't make one ultra-rich. That said, all of these things can lead to a substantial improvement in the lives of these people and their families. These are the people the AOC crowd resent - people from within their own ranks who have worked hard to better themselves. These are also the people who have traditionally made up the ‘vibrant middle class’ you refer to.

51 posted on 01/19/2019 12:45:01 PM PST by neverevergiveup
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To: yefragetuwrabrumuy

Interesting post.


52 posted on 01/19/2019 12:49:01 PM PST by Pajamajan ( Pray for our nation. Thank the Lord for everything you have. Don't waiting. Do it today.)
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To: GuavaCheesePuff

53 posted on 01/19/2019 12:50:36 PM PST by Dick Bachert
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To: PIF

Why let Reality get in the way of a good socialist proposal? When you tell them that taxpayers will modify their behavior to optimize revenue, it does not matter to them. It is a ‘feel good’ (envious), big ‘get even’!
No matter the tax rates, the tax revenue ratio to GDP will be under 20%.


54 posted on 01/19/2019 12:58:27 PM PST by griswold3 (Just another unlicensed nonconformist in a dangerous Liberal world.)
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To: GuavaCheesePuff

Oprah said:
“As long as people can be judged by the color of their skin, the problem is not solved. There is a whole generation — I said this for apartheid South Africa, I said this for my own community in the south — there are still generations of people, older people, who were born and bred and marinated in that prejudice and racism and they just have to die.” Nov.13, 2013.

Ocasio-Cortez super rich tax plan will require the elimination of people who are unfair to the losers who can’t get money handed to them sufficiently by the wealth builders who unfairly work and invest to earn it. The meanies.

Oprah is thus more in touch with young new breed of socialists than the Pelosi generation.

If anyone such as a successful white male speaks up to disagree, he will have to put his head back in his turtle shell and beg for forgiveness.


55 posted on 01/19/2019 12:59:37 PM PST by frank ballenger (End vote fraud,noncitizens & illegals voting & leftist media news censorship or we're finished.)
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To: neverevergiveup
I agree with you that there are people who resent those who get ahead on their own merit. The problem began when they were rewarded for their failures. And now, it's so horribly out of control (and that's pretty much globally), it's difficult to envision a good outcome.

Affirmative action, unions dictating special benefits for themselves, government handouts, cheap foreign labor (legal and illegal), a system that encouraged forever debt are just some of the contributing factors.

56 posted on 01/19/2019 12:59:45 PM PST by grania ("We're all just pawns in their game")
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To: GuavaCheesePuff; All

Someone should ask this dumb Moonbat if she ever heard of th Laffer Curve.


57 posted on 01/19/2019 1:01:34 PM PST by Cobra64 (Common sense isnÂ’t common anymore.)
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To: grania

great list of factors in the failing experiment in American socialism

The losers expect 100% healthcare and housing (Section 8) and are resentful if they are not given these.

The late great Paul Harvey used to say——What used to be called relief,welfare or handouts and were hidden by families who were ashamed they needed to accept temporary help until they could earn on their own again, are now called “entitlements” and are resentfully and impatiently fully expected of the government.


58 posted on 01/19/2019 1:05:51 PM PST by frank ballenger (End vote fraud,noncitizens & illegals voting & leftist media news censorship or we're finished.)
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To: grania

Thou shall not covet

You oppose inequality you blame on the system rather than your own failure to achieve


59 posted on 01/19/2019 1:07:40 PM PST by bert ( (KE. N.P. N.C. +12) Princess Gray Beaver, for President?)
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To: GuavaCheesePuff

I have been saying, to the point of annoyance, that the left wants to eliminate Whitey, after taking all his money.
Q. E. D.


60 posted on 01/19/2019 1:07:45 PM PST by I want the USA back (Lying Media: willing and eager allies of the hate-America left.)
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