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Democratic Primaries

BlueMTexpat

(15,697 posts)

18. Did you read the article?

Reply to peggysue2 (Reply #15)

Sun Oct 20, 2019, 02:52 AM

Oct 2019

It talks about one reason why that didn't work.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

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Highlight:

The French Economist Who Helped Invent Elizabeth Warren's Wealth Tax [View all] BlueMTexpat Oct 2019 OP

$275 Billion a year barely covers 25% of annual deficit, much less Hoyt Oct 2019 #1

It pays for what she says it will pay for BeyondGeography Oct 2019 #2

Yeah, right. She can't even tell us what her health plan will cost. Hoyt Oct 2019 #3

I'll take Warren's math on this over yours BeyondGeography Oct 2019 #4

See post number 5 Thekaspervote Oct 2019 #6

The CBO study out this last Tuesday says the cost for mfa will be 32 trillion over 10 yrs Thekaspervote Oct 2019 #5

This is a thread about the wealth tax, which has nothing to do with M4A BeyondGeography Oct 2019 #7

32 trillion is cheaper than the total projected cost of healthcare/insurance under the ACA system Fiendish Thingy Oct 2019 #8

Talk about leaving stuff out -- "Senator Warren, will your healthcare plan cause taxes Hoyt Oct 2019 #10

Posted wrong place, sorry. Hoyt Oct 2019 #14

I checked #5, then I looked around for the CBO report and analysis rpannier Oct 2019 #16

Thanks for posting. BlueMTexpat Oct 2019 #19

Saez and Zucman say revenue is a secondary benefit Cicada Oct 2019 #11

Have my doubts, although we could probably trade Citizens United for no wealth tax. Hoyt Oct 2019 #12

I hear it doesn't remove tough stains from clothing, either. nt PETRUS Oct 2019 #13

Except it doesn't work Sherman A1 Oct 2019 #9

Yes, there's that small detail peggysue2 Oct 2019 #15

Did you read the article? BlueMTexpat Oct 2019 #18

I didn't read the article, too dense for me at this particular time, but... LAS14 Oct 2019 #40

The short answer BlueMTexpat Oct 2019 #41

See Post #9 Sherman A1 Oct 2019 #20

Please discuss with BlueMTexpat Oct 2019 #17

This idea is going to face increasing scrutiny. redqueen Oct 2019 #21

But, note the discovery, after our Foreign Account Tax Compliance Hortensis Oct 2019 #22

True about havens, however there are myriad ways to avoid the wealth tax redqueen Oct 2019 #24

Sure. But, we would have a huge problem with any Hortensis Oct 2019 #25

True, I just need to see more from the ppl backing this tax redqueen Oct 2019 #26

:) Me either. I also like wonky, but four econ classes Hortensis Oct 2019 #27

Yes, we have ways to tax the wealthy already DrToast Oct 2019 #29

A tiny financial transaction tax would help too TexasBushwhacker Oct 2019 #32

Agreed on both points. redqueen Oct 2019 #34

We really should fix the estate tax TexasBushwhacker Oct 2019 #36

Please read the article referenced in the OP nbsmom Oct 2019 #30

The book is on sale at Target for about $20 TexasBushwhacker Oct 2019 #33

I'm all for the 'big, structural change' but I don't want to commit to an idea redqueen Oct 2019 #35

THIS!!!!!!! BlueMTexpat Oct 2019 #38

Obama was attacking this problem as part of the greater one of undoing Hortensis Oct 2019 #23

You are most welcome, Hortensis! BlueMTexpat Oct 2019 #28

Thanks so much for this post! N/T nbsmom Oct 2019 #31

My pleasure! BlueMTexpat Oct 2019 #39

Wow. Up to $2.75 trillion in revenue over 10 years. Aaron Pereira Oct 2019 #37