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re: If and it's a huge if, dems win control of senate & presidency they will tax savings and

Posted on 9/8/19 at 9:01 pm to
Posted by SlidellCajun
Slidell la
Member since May 2019
10509 posts
Posted on 9/8/19 at 9:01 pm to
They're trying to pit the haves and have nots.
This wealth tax is theft. Pure and simple theft.

It's been done in other countries. It's failed most places that it was tried.

What is most alarming to me is that the concept is actually gaining traction. Seems to me it's just a matter of time before they get enough support to make it happen.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99196 posts
Posted on 9/8/19 at 9:09 pm to
quote:

This wealth tax is theft. Pure and simple theft.


Unconstitutional theft (unlike the income tax, which is constitutional theft thanks to the 16th Amendment).
This post was edited on 9/9/19 at 11:00 am
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 9/9/19 at 7:31 am to
quote:

This wealth tax is theft. Pure and simple theft.



It's really not different than income tax
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51827 posts
Posted on 9/12/19 at 6:53 am to
quote:

They're trying to pit the haves and have nots.


Taxing home equity and 401k's goes well beyond that, it would be pitting the haves and the trying-to-haves (which is most of the population) against the have-nots.

That, I believe, might well lead to open rebellion.
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