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

General Discussion

ErikJ

(6,335 posts)

4. If theyre not careful

Reply to Dreamer Tatum (Reply #3)

Tue Jul 23, 2013, 12:36 PM

Jul 2013

that's exactly what happens. The peasants rise up and take all their wealth............... and their lives too. That's how FDR scared the plutocrats into a 94% confiscatory tax rate, by telling them that there are a lot of communists and unionists out there ready to start a bloody revolution.

Edit history

Please sign in to view edit histories.

Recommendations

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

20 replies

= new reply since forum marked as read

Highlight:

11 Shocking Things The Richest Americans Could Do For The Country (But Never Would) [View all] DainBramaged Jul 2013 OP

I hate shit like this Dreamer Tatum Jul 2013 #1

The point is that their taxes are way, way too low. ErikJ Jul 2013 #2

Fair point. Dreamer Tatum Jul 2013 #3

If theyre not careful ErikJ Jul 2013 #4

I get that, but how a peasant takes 100,000 shares of AAPL is questionable. Dreamer Tatum Jul 2013 #6

Dividends top tax rate only 20% ErikJ Jul 2013 #8

I agree with you adieu Jul 2013 #16

Historically low since when? Spider Jerusalem Jul 2013 #13

Since WW1 when the top tax rate was 77% on BOTH ErikJ Jul 2013 #14

Interesting, but the wrong way to go about it Kelvin Mace Jul 2013 #5

I think this is more a description of the problem truebluegreen Jul 2013 #12

Warren Buffett erpowers Jul 2013 #7

"Investing in small businesses " DainBramaged Jul 2013 #11

Approach a local Chamber of Commerce adieu Jul 2013 #17

My Plan erpowers Jul 2013 #18

some one time (i.e. temporary) fixes alc Jul 2013 #9

I think this sort of argument ends up promoting the RW line about "confiscating wealth"... JHB Jul 2013 #10

It might be the only way is to threaten them with confiscating ErikJ Jul 2013 #15

K & R Scurrilous Jul 2013 #19

Wow Pablo Guachupita Jul 2013 #20