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| Home Front: Politix | |
| Liz and Bernie propose wealth tax | |
| 2021-03-03 | |
| [CNBC] A slew of Democrats on Capitol Hill...including progressives Sen. Elizabeth Warren, D-Mass., and Sen. Bernie Sanders, I-Vt. on Monday proposed a 3% total annual tax on wealth exceeding $1 billion. They also called for a lesser, 2% annual wealth tax on the net worth of households and trusts ranging from $50 million to $1 billion....The legislation would invest $100 billion into IRS systems and personnel, ensure a 30% audit rate for the super wealthy, and impose a 40% exit tax on wealthy Americans who seek to renounce their citizenship to avoid a wealth tax. I'd like to hear Oprah and Soros and Bezos testify on this.
Related: Elizabeth Warren: 2021-02-05 US Senate approves amendment to keep embassy in Jerusalem Elizabeth Warren: 2020-12-15 Wealth taxes are not the cure for rising debt Elizabeth Warren: 2020-12-10 Our Brave New Biden World : Victor Davis Hanson Related: Bernie Sanders: 2021-02-27 Costco to raise minimum wage to $16 per hour Bernie Sanders: 2021-02-26 R. Emmett Tyrrell: Reform the Democratic Party Bernie Sanders: 2021-02-05 US Senate approves amendment to keep embassy in Jerusalem Related: Wealth tax: 2020-12-15 Wealth taxes are not the cure for rising debt Wealth tax: 2020-08-07 Andrew Cuomo Begs Rich Hedge Funders Fleeing NYC: ''Please come back!' De Blasio disagrees Wealth tax: 2020-07-12 L.A. teachers union says schools can't reopen unless charter schools get shut down, police defunded | |
| Posted by:Lord Garth |
| #5 CONGRESS DECLARES SOCIALIST CLASS WARFARE With Wealth Tax Then Campaign Donations roll in from the Elite. Once the $$$ is collected then Congress quietly BURIES a few Tax Loop Holes in some bill. That to use you must be OLD $$$$$. The tax then becomes a means of keeping Middle Class working families from a massing wealth and passing it on to their children. eg... The Inheritance Tax is loaded with loop holes, if you are already wealthy Class. |
| Posted by: NN2N1 2021-03-03 14:54 |
| #4 the Caymans may get a whole new influx of people.... |
| Posted by: 746 2021-03-03 13:13 |
| #3 Probably just battle space prep for when the USD goes full Zimbabwe and everybody qualifies as a 'millionaire'. |
| Posted by: Cesare 2021-03-03 09:05 |
| #2 Liz and Bernie, another couple of financial geniuses with other people's money. |
| Posted by: JohnQC 2021-03-03 08:08 |
| #1 Yes a wealth tax for Congresscritters, they get to have the same assets as that they had when they entered the hallowed halls of Congress when they leave. impose a 40% exit tax n.b. The Constitution explicitly prohibits export taxes. Once again showing they have no use for the Constitution other than to assuage the rubes in behaving themselves rather than act on the abuses of the ruling caste. |
| Posted by: Procopius2k 2021-03-03 06:45 |