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Started By
Message
‘We Are Part of the Problem’: Billionaires and Heirs Demand Wealth Tax
Posted on 6/25/19 at 1:23 pm
Posted on 6/25/19 at 1:23 pm
LINK
quote:
George Soros, heiresses to the Pritzker fortune, Abigail Disney and Facebook Inc. co-founder Chris Hughes are among those calling for a wealth tax to help address income inequality and provide funding for climate change and public health initiatives.
quote:
“We are writing to call on all candidates for President, whether they are Republicans or Democrats, to support a moderate wealth tax on the fortunes of the richest one-tenth of the richest 1% of Americans -- on us,” according to a letter signed by 19 individuals -- one anonymously -- and posted online Monday. “The next dollar of new tax revenue should come from the most financially fortunate, not from middle-income and lower-income Americans.”
quote:
The wealth tax isn’t embraced by all Democrats, though, with some arguing it would be difficult to objectively assess the value of wealth like artwork and jewels or illiquid assets. There are also concerns that such a tax is unconstitutional because the federal government is prohibited from taxing property, only income.
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Posted on 6/25/19 at 1:23 pm to boogiewoogie1978
OK tax them and leave me and my $$$$$ the frick alone
Posted on 6/25/19 at 1:24 pm to boogiewoogie1978
Wonder why they aren't doing this privately instead of wanting it forced on them via taxes?
I wonder if the billionaires are using all their tax deductions?
I wonder if the billionaires are using all their tax deductions?
Posted on 6/25/19 at 1:24 pm to boogiewoogie1978
Nobody is stopping them from giving more of their money to the government if that's what they want to do.
Posted on 6/25/19 at 1:24 pm to boogiewoogie1978
bullshite. They can give their money away EASILY.
George Soros literally gave $18 billion of his $26 billion to a fricking political activist group.
This is a trojan horse without a doubt. Go frick yourselves.
George Soros literally gave $18 billion of his $26 billion to a fricking political activist group.
This is a trojan horse without a doubt. Go frick yourselves.
Posted on 6/25/19 at 1:24 pm to boogiewoogie1978
Don't need a wealth tax. They can donate whatever they want whenever they want. Nobody is stopping them if it is that important to them.
Posted on 6/25/19 at 1:25 pm to boogiewoogie1978
Go ahead and send the check. Why wait on the government? They will gladly take it.
Posted on 6/25/19 at 1:25 pm to boogiewoogie1978
Posted on 6/25/19 at 1:25 pm to boogiewoogie1978
quote:
‘We Are Part of the Problem’: Billionaires and Heirs Demand Wealth Tax
It’s been said a million times: Fine. Nobody’s stopping you from writing a bigger check to the government if that’s what you want to do.
Posted on 6/25/19 at 1:25 pm to boogiewoogie1978
Nothing is stopping them from writing a check now. Why should his will be forced on others?
Posted on 6/25/19 at 1:25 pm to boogiewoogie1978
Top 1% of Earners $718,766. That isn't billionaires...
Posted on 6/25/19 at 1:25 pm to boogiewoogie1978
quote:
George Soros, heiresses to the Pritzker fortune, Abigail Disney and Facebook Inc. co-founder Chris Hughes are among those calling for a wealth tax to help address income inequality and provide funding for climate change and public health initiatives.
Back in my day, rich people started these things called charities.
This post was edited on 6/25/19 at 1:26 pm
Posted on 6/25/19 at 1:26 pm to boogiewoogie1978
quote:
‘We Are Part of the Problem’
quote:
George Soros
On that point, I agree.
Posted on 6/25/19 at 1:26 pm to boogiewoogie1978
Why do you need to call for a tax? Just write the damn check George.
Posted on 6/25/19 at 1:27 pm to Wtodd
Dear Lord if i could only be so wealthy that I am riddled with guilt and want Uncle Sam to take my money away.
What must this be like?
Side note: I am unaware of the tax code provision that prohibits people from making additional contributions to the treasury. Furthermore, I am also unaware of the provision the prohibits a so inclined individual from listing the US Treasury as a beneficiary in ones will.
What must this be like?
Side note: I am unaware of the tax code provision that prohibits people from making additional contributions to the treasury. Furthermore, I am also unaware of the provision the prohibits a so inclined individual from listing the US Treasury as a beneficiary in ones will.
Posted on 6/25/19 at 1:27 pm to boogiewoogie1978
They're free to pay any additional taxes they feel comfortable with. What's stopping them?
Posted on 6/25/19 at 1:28 pm to RogerTheShrubber
quote:
Wonder why they aren't doing this privately instead of wanting it forced on them via taxes?
Because it's a brazen ruse.
There is a reason ultra wealthy people are largely Democrat.
It's because income taxes are things that WELL OFF people pay. The ultra wealthy are only to happy to push for policies that largely hit the anonymous people BELOW them in the ladder of success.
Posted on 6/25/19 at 1:29 pm to boogiewoogie1978
quote:
There are also concerns that such a tax is unconstitutional because the federal government is prohibited from taxing property, only income.
It's that pesky constitution again. I'm sure the libs will find a way around that though. It's just a guideline anyway.
Posted on 6/25/19 at 1:29 pm to boogiewoogie1978
Nothing is stopping them from having their army of accountants voluntarily pay additional contributions to the Dept. of the Treasury.
Posted on 6/25/19 at 1:30 pm to boogiewoogie1978
Y’all are missing the point. They want higher taxes (which no doubt will “trickle down” to everyone having higher taxes) to fund climate change and public health initiatives. There is zero doubt in my mind that they have vested interests in the companies that will be receiving those taxes.
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