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Warren to propose 'wealth tax' on those with more than $50M in assets...
Posted on 1/24/19 at 2:05 pm
Posted on 1/24/19 at 2:05 pm
quote:
Her proposed tax could garner as much as $2.75 trillion over a 10-year period from taxing roughly 75,000 families, Saez said. That equates to less than 0.1 percent of American households, he noted.
The Hill
37
Posted on 1/24/19 at 2:07 pm to Carl Kolchak
quote:
1 post
Welcome
quote:
Chicago
This post was edited on 1/24/19 at 2:08 pm
Posted on 1/24/19 at 2:07 pm to Carl Kolchak
Take, take, take, take. That's all they want, to take what isn't theirs.
Posted on 1/24/19 at 2:07 pm to Carl Kolchak
I’ll take alter as frick for 500 Alex
Posted on 1/24/19 at 2:07 pm to Carl Kolchak
Would be a good idea
Posted on 1/24/19 at 2:08 pm to Carl Kolchak
quote:
Warren to propose 'wealth tax'
Beads and Blankets?
Posted on 1/24/19 at 2:08 pm to Carl Kolchak
Congress will only pass it if they are exempt
Posted on 1/24/19 at 2:08 pm to JumpingTheShark
To be far I would be ashamed to post that shite too
Posted on 1/24/19 at 2:08 pm to Carl Kolchak
Posted on 1/24/19 at 2:09 pm to crazyLSUstudent
quote:
Would be a good idea
Posted on 1/24/19 at 2:09 pm to Carl Kolchak
quote:
Emmanuel Saez, a left-leaning economist advising Warren, said her plan is to impose a 2 percent tax on Americans with more than $50 million in assets and a 3 percent tax on those with more than $1 billion in assets.
Why only 2%? Why not 50%? If the standard is that they can afford it and need their fair share taxed why not half?
Posted on 1/24/19 at 2:09 pm to Carl Kolchak
I guess I'll have to park my assets offshore.
Posted on 1/24/19 at 2:10 pm to Carl Kolchak
Carl Kolchak??
The Night Stalker?
The Night Stalker?
Posted on 1/24/19 at 2:10 pm to Carl Kolchak
quote:
Her proposed tax could garner as much as $2.75 trillion over a 10-year period from taxing roughly 75,000 families, Saez said. That equates to less than 0.1 percent of American households, he noted.
Notwithstanding equal protection issues, I am pretty sure the 16th amendment does not include a tax on wealth, but only income.
Since no such tax was in the original Constitution either, any such tax would be unconstitutional.
Posted on 1/24/19 at 2:11 pm to Carl Kolchak
this makes she gump (aoc) happy 
Posted on 1/24/19 at 2:11 pm to udtiger
Oh...and it's not like these people don't have the means to say "frick it" and leave.
Posted on 1/24/19 at 2:11 pm to JumpingTheShark
quote:
alter
Posted on 1/24/19 at 2:12 pm to udtiger
quote:
Notwithstanding equal protection issues, I am pretty sure the 16th amendment does not include a tax on wealth, but only income.
Since no such tax was in the original Constitution either, any such tax would be unconstitutional.
This is an excellent point.
Posted on 1/24/19 at 2:12 pm to Carl Kolchak
quote:
Warren to propose 'wealth tax' on those with more than $50M in assets...
Democrat's primary function of government is wealth redistribution like I said the other day
Posted on 1/24/19 at 2:13 pm to Carl Kolchak
Can't these people just pick up and leave to avoid this tax?
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