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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 9:14 pm to
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 9/8/19 at 9:14 pm to
Can you share with us this plan to seize home equity?

Posted by Enadious
formerly B5Lurker City of Central
Member since Aug 2004
17696 posts
Posted on 9/9/19 at 7:27 am to
quote:

Can you share with us this plan to seize home equity?


The plan was: if a person owned their home, they would be taxed according to what they could rent that home for.

I've heard this floated by more than one Democrat.
Posted by jimdog
columbus, ga
Member since Dec 2012
6636 posts
Posted on 9/9/19 at 5:45 pm to
Easy. Tax it along with your other assets such as savings, retirement accounts, business assets, all personal property and if you meet a certain means level, your social security check far more than it is at current levels. The goal is two levels of Americans. The tiny ultra rich ruling class as personified by Hollywood and political elites and everyone else a worker bee. The only way we can "achieve true equality"...Step by step.

The true dividing line is the professional or small businessman or hard working husband with his stay at home wife/mom and 2 or 3 children in a home they own in the suburbs. And that must go as it is the ultimate enemy.
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