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To: karpov

Billionaires will have to pay two cents.

She thinks the US has 1,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 billionaires


3 posted on 11/12/2019 7:39:18 PM PST by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
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To: ClearCase_guy

Why not? Everyone if Venezuela is a billionaire.


13 posted on 11/12/2019 7:59:18 PM PST by Blood of Tyrants (Everyone who favors socialism plans on the government taking other people's money, not theirs.)
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To: ClearCase_guy
The source I found says 607 billionaires, with the top one being worth 114 billion. Ok, assuming a roughly linear distribution then they average 57 billion each. 607 * 57,000,000,000 * 0.03 gives us roughly 1.04 trillion. Great, but still only a fraction of what her socialist dreams are going to cost.

The other problem is, at an average of 57 billion each, a 3% hit is going to mean taking 1.7 billion from each. Does she really think that with that kind of money at stake they won't find a way to reduce that tax hit? Does she really think they'll just hand over, on average, just under two billion dollars with a smile on their faces?

20 posted on 11/12/2019 8:19:31 PM PST by ThunderSleeps ( Be ready!)
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To: ClearCase_guy

Me, I’m kinda diggin’ the 40% Exit Tax.

Very East-German-Wall-ish.


47 posted on 11/13/2019 6:48:36 AM PST by Lazamataz (We can be called a racist and we'll just smile. Because we don't care.)
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