Wealth tax? Whoa!
I’d say the fake Indian is trying to out-commie the Commie from the Bronx. AOC proposed a 70% tax on income. But income isn’t the juiciest target. Warren knows what Marxism demands — grab the Wealth!!
If she says the money will be used to increase Social Security benefits and forgive student loans, you’ll be shocked how much support she’ll get.
Barack gave away $10trillion. Let’s just demand it back.
“But income isn’t the juiciest target. Warren knows what Marxism demands — grab the Wealth!!”
Income tax should be repealed and is just a way to keep others from getting rich. Old money did not and does not have to pay an income tax.
Wealth tax could mean someone is taxed multiple times since they already likely paid tax when they obtained that wealth.
The only “fair” tax for minimal powers appointed to the government is a sales tax on non-essentials and non-business items. That way you are taxed purely based on the amount of excess stuff you consume. And anyone can live a minimal lifestyle without having to pay any taxes.
Right now we have middle income people getting taxed to death and some barely feeding their families. Or people getting kicked out of their homes because of rising property taxes.
You should not be at risk of starving or losing your home due to taxes