re: New billionaire's tax plan aimed at the 0.0002%

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In my past I would normally be dead set against this as a matter of principle. But most of the people on this list are SJWs who asked for this.

So, if that's the way they want it, that's the way they should get it.

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Exactly it should be 90% of everything over $1 billion.

Watch them squirm.

Watch them censor social media differently.

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Yeah this looks appealing until it is expanded to include 401Ks and other investments for the common man…. No thanks…

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Even this isn’t appealing. Taxing gains of value on stocks is stupid no matter how rich the person is.

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but a question for conservatives; how much energy do you want to put into a fight here in 2021 to make sure Mark Zuckerberg (invested $400 million in 2020 election frickery), Sergie Brin + Larry Page (google and YouTube leading the censorship movement), Bill Gates (vaccines), Jeff Bezos (WaPo), Jack Dorsey (Twitter) and George Soros (behind the crime wave) aren't treated unfairly by the taxman?

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If I actually thought it would harm them, very little effort at all.

But, this will do zero harm to them. Every last person harmed by it will be down the food chain.

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There are solid arguments against a wealth tax, and in normal times I'd cheerlead the opposition - but a question for conservatives; how much energy do you want to put into a fight here in 2021 to make sure Mark Zuckerberg (invested $400 million in 2020 election frickery), Sergie Brin + Larry Page (google and YouTube leading the censorship movement), Bill Gates (vaccines), Jeff Bezos (WaPo), Jack Dorsey (Twitter) and George Soros (behind the crime wave) aren't treated unfairly by the taxman?

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I agree. Buffett, Gates, and many other billionaire Dems have asked to be taxed more. If you are stupid enough to be ask for it, let it happen.

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If I actually thought it would harm them, very little effort at all.

But, this will do zero harm to them. Every last person harmed by it will be down the food chain.

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How? I mean, surely there are ways. Maybe Pelosi taxes unrealized gains for people far down the economic food chain than billionaires, but let me ask you this - who would that harm politically? And wouldn't it capture the assholes mentioned above?

In earlier threads on this topic it was pointed out that while it may be a shot across the bow of the uber-wealthy (which I'm for), it also further empowers the gov't - and I think that's a fair point. But then, in my mind, the question becomes - who would you rather have spending $500 million to frick with the next election, Zuckerberg or Dem politicians?

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How? I mean, surely there are ways. Maybe Pelosi taxes unrealized gains for people far down the economic food chain than billionaires, but let me ask you this - who would that harm politically? And wouldn't it capture the a-holes mentioned above?

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When you try to frick the ultra rich, they are quite flexible. I don't say this to vilify them. They are simply going to behave as anyone rational in their shoes would.

Think of it like when liberal geniuses back under Clinton decided that super rich people should have to pay a luxury tax when they bought super expensive items like yachts.

Yacht sales actually went UP. Tax receipts went down. And the entire boating industry of Florida was destroyed never to be resurrected again.

Rich people simply bought Yachts elsewhere or, redirected that discretionary money to some other fanciful think the government wasn't chasing.

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In earlier threads on this topic it was pointed out that while it may be a shot across the bow of the uber-wealthy

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It isn't. It's class envy theater.

Pass this law.........then look 3 years from now at Zuch's total tax burden. I'll bet my life it doesn't change at all.

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Zuckerberg bought the election for the DNC.

It would be poetic justice if the ones he put in power come take his money.

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Joe Kennedy essentially murdered two sons for doing the exact same thing with the syndicated crime bosses.

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It might be for you. I have no way of knowing. But it certainly isn't for me or loads of other conservatives that could give a frick how much someone else has, but have plenty of fricks to give when someone starts locking us out of our businesses, schools, churches, starts cramming BLM/CRT down our throats, opens the door to 2-3 million illegals per year, etc., etc.

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Don't get me wrong. I hate those MFers as much as you do and I hate everything you mentioned as much as you do.

Here is the sad reality the folks that support these kinds of tax the rich don't get.

In their minds, they believe the Government is going to tax all these billionaires, and then spread it out to their non-working asses. They truly believe this Government would seize wealth and redistribute it.

It's the Democratic way. Knowing you are too fricking lazy to work yourself into prosperity, so you hope and pray someone will steal it from someone else to give to you.