Howdy, Stranger!

It looks like you're new here. Sign in or register to get started.

Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Elizabeth Warren proposes 'wealth tax' on Americans with more than $50 million in assets

«13456716

Comments

  • sarktasticsarktastic Member Posts: 9,208
    5 Awesomes Photogenic First Anniversary Name Dropper
    C’mon Sandy, 70% Wealth Tax. What happened to your Balls?
  • HardlyClothedHardlyClothed Member Posts: 937
    First Anniversary First Comment 5 Up Votes 5 Awesomes
    Start it at $20M instead of $50M and now we’re talking
  • sarktasticsarktastic Member Posts: 9,208
    5 Awesomes Photogenic First Anniversary Name Dropper
    I see you’ve fallen for it.

    Attacking the powerful thru your little man lens again. Predictable.
  • RoadTripRoadTrip Member, Swaye's Wigwam Posts: 7,162
    First Anniversary 5 Up Votes First Comment 5 Awesomes
    Founders Club

    Start it at $20M instead of $50M and now we’re talking

    Why dont we just start by offing worthless freeshitters? We can start with you.
  • SledogSledog Member Posts: 30,483
    First Anniversary First Comment 5 Awesomes 5 Up Votes

    Start it at $20M instead of $50M and now we’re talking

    Please explain what gives you the right to other people property? I'll wait here............
  • sarktasticsarktastic Member Posts: 9,208
    5 Awesomes Photogenic First Anniversary Name Dropper
    Sandy said so.
  • 2001400ex2001400ex Member Posts: 29,457
    First Anniversary First Comment 5 Up Votes 5 Awesomes
    I see some of you are triggered by Pocahontas.
  • sarktasticsarktastic Member Posts: 9,208
    5 Awesomes Photogenic First Anniversary Name Dropper
    Sandy/Pocahontas 2024 (or 2028 if she isn’t old enuff yet)
  • MikeDamoneMikeDamone Member, Swaye's Wigwam Posts: 37,781
    First Anniversary First Comment 5 Awesomes 5 Up Votes
    Swaye's Wigwam
    edited January 2019
    It’s unconstitutional, but sure. But she knows this and will go ahead and push a low that this possible with an amendment.
  • 2001400ex2001400ex Member Posts: 29,457
    First Anniversary First Comment 5 Up Votes 5 Awesomes

    You mean the Indian?

    How do you get 3 trillion dollars from 0.1% of the country?

    I'll take my answer off the air

    You confiscate their wealth.
  • RubberfistRubberfist Member Posts: 1,373
    First Anniversary 5 Up Votes First Comment 5 Awesomes
    She is such an idiot. Could you imagine the difficulty of trying to estimate the value of hard assets EVERY year?
  • MikeDamoneMikeDamone Member, Swaye's Wigwam Posts: 37,781
    First Anniversary First Comment 5 Awesomes 5 Up Votes
    Swaye's Wigwam

    Wealth tax is a horrible idea. If you want to kill small business in the US this is a great place to start. The estate tax is a wealth tax and only administered generally after the last surviving spouse dies. That’s once in two lifetimes. Anyone associated with large estates realizes that valuing a large estate which includes partnerships, LLCs and non-publicly traded corporations is a nightmare for both the estate and the IRS. The cash and publicly traded securities are easy to value. Real estate alone is hard to value. Try hundreds of parcels of real estate owned by a variety of partnerships, LLCs and corporations. Then try to value a minority interest in a successful small business family owned corporation.

    Then try an annual wealth tax where all this would need to be done annually instead of once in two lifetimes. It’s almost like leftards hate private sector US employment of US citizens. What we are seeing is the complete failure of the US public education system. That is if you define failure as complete lack of knowledge of math, science, history and economics. If you define failure as not creating an educated independent freedom loving citizenry – then we have a smashing success on our hands.

    It’s also unconstitutional. So there is that.
  • HHuskyHHusky Member Posts: 18,954
    First Anniversary 5 Up Votes 5 Awesomes First Comment
    I’m with Westy. Let’s just re-enact a meaningful estate tax and leave it at that.
  • sarktasticsarktastic Member Posts: 9,208
    5 Awesomes Photogenic First Anniversary Name Dropper
    Property leins.

    She is such an idiot. Could you imagine the difficulty of trying to estimate the value of hard assets EVERY year?

    Easy. Value is always acquisition cost adjusted upward by Government Valuation Officers.

    No different really than WADOL charging you Tabs based on MSRP
  • MariotaTheGawdMariotaTheGawd Member Posts: 1,441
    5 Up Votes First Comment 5 Awesomes Name Dropper
    It's always entertaining to see a bunch of thousandaire boot lickers preparing for the day when they too will be rich
  • MikeDamoneMikeDamone Member, Swaye's Wigwam Posts: 37,781
    First Anniversary First Comment 5 Awesomes 5 Up Votes
    Swaye's Wigwam
    I thought we didn’t deal in hypotheticals. This cannot happen without a constitutional amendment.
Sign In or Register to comment.