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TexasBushwhacker

(21,196 posts)

24. But since their wealth has been growing faster

Reply to MichMan (Reply #22)

Thu Jan 24, 2019, 08:04 PM

Jan 2019

than 2%, then will still be wealthier every year. For example, the wealth of the Forbes 400 went up 18% in 2018. So a 2% hit every year is modest.

https://www.forbes.com/billionaires/#75018bf8251c

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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