Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

gulliver

(14,057 posts)
65. Part good idea. Part terrible strategy and worse than terrible sales technique.
Sat Mar 13, 2021, 07:59 PM
Mar 2021

Tax billionaires? Of course. That's what most people, Dems and Republicans, want to do. That's the good part of Sanders's tweet.

Saying that "we can longer tolerate billionaires?" That's just terrible sales technique and terrible revenue strategy. It's so bad that it arguably sets back the goal of taxing the wealth of billionaires for the good of the country. This tweet rates a -7 on the scale from -10 to 10 in terms of advancing progressive goals. It gives a snack to resentment and tosses a banquet of prosperity in the trash.

Of course we can tolerate billionaires becoming obscenely rich. Just tax them. That's the only thing that needs to be in the message. Use billionaire wealth as sources of tax revenue for the good of the country in which the billionaires have prospered and created their wealth.

Every single American deserves the right to know that if they have a good enough idea, they can become billionaires. And buy toys. And pay huge taxes.

Recommendations

0 members have recommended this reply (displayed in chronological order):

K&R! nt Guy Whitey Corngood Mar 2021 #1
What of the billionaires? Will no one think of the billionaires? Cirque du So-What Mar 2021 #2
We've been here before, it was called the Gilded Age. sop Mar 2021 #3
Hopefully, the filthy rich will refer to this era ... Jopin Klobe Mar 2021 #22
Good point, and an appropriate reference for the actions required. LastDemocratInSC Mar 2021 #23
THIS! malaise Mar 2021 #53
DURec leftstreet Mar 2021 #4
Yes! Thank you. nt crickets Mar 2021 #5
Tax Them Like Working People DanieRains Mar 2021 #6
The UK Wealth Tax Commission receommends a one-time 5% tax on all net worth over 500k GBP WarGamer Mar 2021 #63
I have no problem in principle with that but Disaffected Mar 2021 #70
Hell yes! BigmanPigman Mar 2021 #7
Get off my lawn! taxi Mar 2021 #8
Jeff Bezos turns down Bernie's invitation to speak on income inequality next week Arazi Mar 2021 #9
In my opinion income inequality is a losing issue Yo_Mama_Been_Loggin Mar 2021 #10
I once worked for the highest paid CEO in America... (John Hammergren, McKesson) mac2766 Mar 2021 #24
So let's get rid of the minimum wage and install a maximum Yo_Mama_Been_Loggin Mar 2021 #25
Well... that's nowhere near what I said. mac2766 Mar 2021 #32
Those taking $143 million are exercising stock options. Yo_Mama_Been_Loggin Mar 2021 #39
I agree. mac2766 Mar 2021 #40
I would do it the other way around DFW Mar 2021 #55
That's obscene. smirkymonkey Mar 2021 #49
Look up the word obscene Yo_Mama_Been_Loggin Mar 2021 #58
I did. smirkymonkey Mar 2021 #59
My mind is in the gutter? Yo_Mama_Been_Loggin Mar 2021 #67
I am so done with you. smirkymonkey Mar 2021 #72
wealth equality is the number one interlocking stat that determines the overall well-being of a Celerity Mar 2021 #50
Thank you for putting this together. scipan Mar 2021 #60
Disagree. WarGamer Mar 2021 #64
And I agree with you. ShazzieB Mar 2021 #68
Let them eat cake - urinal cake Mr. Ected Mar 2021 #11
+++ Well said. KPN Mar 2021 #17
THIS. People who have accumulated this much money are UNDERTAXED. crickets Mar 2021 #29
Hell, yes! zentrum Mar 2021 #12
Not Optional Roy Rolling Mar 2021 #13
Yes. Blue_true Mar 2021 #34
I remember back when he couldn't tolerate millionaires AND billionaires. Now just billionaires? George II Mar 2021 #14
"I wrote a best-selling book. If you write a best-selling book, you can be a millionaire, too." speak easy Mar 2021 #16
Plenty. Just not a big enough platform to sell them from. MrsCoffee Mar 2021 #28
How about a best selling book about how to write a best selling book ? speak easy Mar 2021 #33
You should run for office. George II Mar 2021 #37
Funny that, eh? I s'pose ethics is sliding scale once the millions are banked. LanternWaste Mar 2021 #18
I agree with his synopsis that vastly concentrated wealth is unsustainable, Blue_true Mar 2021 #35
Well, Twitter does have a character limit. Do you agree with what he said about billionaires? Violet_Crumble Mar 2021 #38
Times change. Yesterday's millionaires are today's billionaires... Violet_Crumble Mar 2021 #44
The times didn't change all that fast. Back in 2016 there were 10.8 million millionaires... George II Mar 2021 #57
Just leave the millionaires alone!!!! MrsCoffee Mar 2021 #74
... betsuni Mar 2021 #51
Same as it was just about a century ago... Ford_Prefect Mar 2021 #15
We're not much further than that, I will agree FakeNoose Mar 2021 #27
It has been this way several times in history. Blue_true Mar 2021 #36
The pattern is similar I agree. The possible outcome isn't. Ford_Prefect Mar 2021 #42
I wouldn't mind it so much except that money power. Goodheart Mar 2021 #19
I hear ya, Bernie! OldBaldy1701E Mar 2021 #20
We should. But the political will isn't there, even with Democrats LiberalLovinLug Mar 2021 #21
Damn straight, Bernie. Dagstead Bumwood Mar 2021 #26
Exactly how does one prevent a person from becoming very wealthy? Blue_true Mar 2021 #30
He could have stopped at ... Xoan Mar 2021 #31
Is breaking up tech giants like breaking up big banks? betsuni Mar 2021 #41
I disagree with Bernie EndlessWire Mar 2021 #43
He's a millionaire because he wrote a best-selling book, not because he was exploiting workers . . . wackadoo wabbit Mar 2021 #45
Amazon. betsuni Mar 2021 #46
I don't care about EndlessWire Mar 2021 #47
Are you seriously asking me what I know about the exploitation of workers? wackadoo wabbit Mar 2021 #56
First off, I am entitled to have an opinion.. EndlessWire Mar 2021 #61
this is more than a bit misleading, it would take over 60 THOUSAND Sanders to equal ONE Bezos Celerity Mar 2021 #48
"and no one advocates limiting HIS wealth." I do. nt JanMichael Mar 2021 #69
Ridiculous. He thinks there should be limits on wealth? Totally absurd! NurseJackie Mar 2021 #52
There already are de facto limits on wealth for the VAST majority of Americans. It is called the US Celerity Mar 2021 #54
absolutely... and the vast majority of Americans agree. WarGamer Mar 2021 #62
Part good idea. Part terrible strategy and worse than terrible sales technique. gulliver Mar 2021 #65
Us working stiffs are sick and tired of being stiffed!!! oasis Mar 2021 #66
Question: how much are they allowed to have? brooklynite Mar 2021 #71
'care work done by poor women is worth 10.8 trillion US dollars: 3X bigger than whole tech industry' Donkees Mar 2021 #73
Latest Discussions»General Discussion»Sanders: In my view, we c...»Reply #65