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DanieRains

(4,619 posts)
Thu Apr 23, 2020, 01:57 PM Apr 2020

Just Stop It - The 1% Can Give A Little Back And Take Care Of The Whole Country For A Year

No one should be risking their lives in unsafe workplaces to simply survive.

The 1% still has 50 trillion in wealth, and I haven't heard of any billionaires dying from "the vid".

They are holed up in their palaces/mansions/castles safe as can be. The folks who are going to starve if they don't go out are the ones dying.

If you have to work, it should be in a place where you have little chance of being infected. That goes for all workers from hospitals to 7-11's, and Uber Eats drivers. Sanitation workers, to construction workers. Pork producers to strawberry pickers. Every worker should be safe, or at home safe. Period.

It is the poor who are dying because THEY HAVE TO GO OUT AND RISK THEIR LIVES to survive.

My point is we can borrow another few trillion, and tax wealth to pay it back and make sure every single American / person in this country can stay safe until they get a pill that works to kill this virus, or a plan where people stop dying by the thousands.

The poor don't need to die just because they live in a system where all the benefits go to the top. Time the top trickled something down.

It's Time. It's really time.

Now.

6 replies = new reply since forum marked as read
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Just Stop It - The 1% Can Give A Little Back And Take Care Of The Whole Country For A Year (Original Post) DanieRains Apr 2020 OP
I'm in favor of some kind of clawback morillon Apr 2020 #1
This. And they wouldn't even notice it was missing. Squinch Apr 2020 #2
My Friend Mentioned Clawback DanieRains Apr 2020 #3
Question -- Since the top 1% pay 39% of US fed income taxes now, who is going to pay after Hoyt Apr 2020 #4
Problem is... Kablooie Apr 2020 #5
Tax Them - Wealth Tax - Simple As Pie DanieRains Apr 2020 #6

morillon

(1,185 posts)
1. I'm in favor of some kind of clawback
Thu Apr 23, 2020, 02:08 PM
Apr 2020

If there's a way to go after what they've sucked out of the treasury by enforcing current laws, great, let's do it. And then pass laws to keep them from further parasitism and claw back even more. It'll have to wait for a new administration and Congress, but I think it has to happen.

Unfortunately, they know this is what's coming for them, so they'll fight tooth and nail to keep their gibbering man-baby in power.

 

Hoyt

(54,770 posts)
4. Question -- Since the top 1% pay 39% of US fed income taxes now, who is going to pay after
Thu Apr 23, 2020, 03:32 PM
Apr 2020

they have everything taken? Plus, the moment those big increases are imposed, the paper value of their wealth will plummet, leaving less to tax.

Next, do we go after the top 10% who pay 70% of federal income taxes now, and of course a chunk of local taxes?

My point is, after a year or two, you and the rest of us will be paying all those taxes, and we still won't be able to afford all the stuff we need.

We do need to reverse last few tax cuts, tax capital gains at much higher rates, adopt a robust estate tax, adopt some kind of wealth accumulation tax, etc.


Oh, a trump Billionaire friend did die of CV19. Guess he thought it was a hoax right up til his last breath.

Kablooie

(18,571 posts)
5. Problem is...
Thu Apr 23, 2020, 04:09 PM
Apr 2020

Other 1%ers would swoop in and grab it all for themselves and laugh at the ones that donated.

 

DanieRains

(4,619 posts)
6. Tax Them - Wealth Tax - Simple As Pie
Thu Apr 23, 2020, 04:14 PM
Apr 2020

If they want to donate more cool.

I pay a lot more of my income towards taxes than they pay on their wealth accumulation.

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