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TexasBushwhacker

(21,297 posts)

21. And that's the problem

Reply to at140 (Reply #12)

Thu Jan 24, 2019, 07:28 PM

Jan 2019

They hoard money rather than sharing their wealth, whether it's paying their employees well, spending it or even donating it to good causes. The concentration of wealth in the hands of the few is twrrible for the economy as a whole. That's why high taxes for the very wealthy make good economic sense.

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Elizabeth Warren to propose new 'wealth tax' on very rich Americans, economist says [View all] fleur-de-lisa Jan 2019 OP

It's about ttime. When the Dolt rants against it when can play his tapes dupporting it. n/t. Scruffy1 Jan 2019 #1

Wish we could have zentrum Jan 2019 #2

I don't think it's too much to ask TexasBushwhacker Jan 2019 #4

warren/brown is where i am leaning...ohio could make all the difference questionseverything Jan 2019 #35

About time. Ohiogal Jan 2019 #3

It would be missed by cash poor, up to their eyeballs in debt TexasBushwhacker Jan 2019 #8

After a certain point, what the hell does one even do with all that money? Still In Wisconsin Jan 2019 #5

A person with $1 Billion in the bank TexasBushwhacker Jan 2019 #9

It's not about spending, it is about power and at140 Jan 2019 #12

And that's the problem TexasBushwhacker Jan 2019 #21

I agree... at140 Jan 2019 #23

Cue the whining billionaires not fooled Jan 2019 #6

You mean it's not trickling down? ProudLib72 Jan 2019 #7

She needs super rich guys like Buffett and Steyer and Oprah to endorse this. Funtatlaguy Jan 2019 #10

That seems unlikely... at140 Jan 2019 #11

Depends on how it's done spinbaby Jan 2019 #13

Dems won't sign a bill like that. Especially now that so many are woke. JudyM Jan 2019 #15

I think it's too tepid True Dough Jan 2019 #14

The ultra wealthy would be wise to support this because if they don't I predict what will happen cstanleytech Jan 2019 #16

Eat the rich! fleur-de-lisa Jan 2019 #17

Hopefully this is something that Americans will embrace oberliner Jan 2019 #18

I hope it is 2% on ASSET value not income Optical.Catalyst Jan 2019 #19

It says "wealth." Igel Jan 2019 #30

Now THIS is interesting MosheFeingold Jan 2019 #20

Since it is taxed each and every year, it will start to have a real impact over time MichMan Jan 2019 #22

But since their wealth has been growing faster TexasBushwhacker Jan 2019 #24

A reasonable return on investment quaker bill Jan 2019 #25

Inflation should be figured in also, I think. Scruffy1 Jan 2019 #36

Common sense WAY over due but over due because of the uphill battle Eliot Rosewater Jan 2019 #26

My first thought is that this sounds good. David__77 Jan 2019 #27

Truthfully, a Tax This High Wouldn't Impact their Lifestyles in the Slightest dlk Jan 2019 #28

right on Kurt V. Jan 2019 #29

ABOVE 50 MILLION? WHAT ABOUT 10 MILLION!! pangaia Jan 2019 #31

Make sure she tells donnie dumbshit louis-t Jan 2019 #32

Go back to taxation of the Eisenhower years of 91%. YOHABLO Jan 2019 #33

On assets? MichMan Jan 2019 #34