Elizabeth Warren proposes 'wealth tax' on Americans with more than $50 million in assets
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C’mon Sandy, 70% Wealth Tax. What happened to your Balls?
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Start it at $20M instead of $50M and now we’re talking
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I see you’ve fallen for it.
Attacking the powerful thru your little man lens again. Predictable. -
Why dont we just start by offing worthless freeshitters? We can start with you.HardlyClothed said:Start it at $20M instead of $50M and now we’re talking
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Please explain what gives you the right to other people property? I'll wait here............HardlyClothed said:Start it at $20M instead of $50M and now we’re talking
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Sandy said so.
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I see some of you are triggered by Pocahontas.
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Sandy/Pocahontas 2024 (or 2028 if she isn’t old enuff yet)
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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 -
It’s unconstitutional, but sure. But she knows this and will go ahead and push a low that this possible with an amendment.
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You don’t get. It’s only the tippy top that we are talking about.RaceBannon said: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 -
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. -
You confiscate their wealth.RaceBannon said: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 -
She is such an idiot. Could you imagine the difficulty of trying to estimate the value of hard assets EVERY year?
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And yet all the smart kids here don't have a problem with itRubberfist said:She is such an idiot. Could you imagine the difficulty of trying to estimate the value of hard assets EVERY year?
Makes you wonder -
It’s also unconstitutional. So there is that.WestlinnDuck said: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. -
I’m with Westy. Let’s just re-enact a meaningful estate tax and leave it at that.
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Property leins.
Easy. Value is always acquisition cost adjusted upward by Government Valuation Officers.Rubberfist said:She is such an idiot. Could you imagine the difficulty of trying to estimate the value of hard assets EVERY year?
No different really than WADOL charging you Tabs based on MSRP -
It's always entertaining to see a bunch of thousandaire boot lickers preparing for the day when they too will be rich
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I thought we didn’t deal in hypotheticals. This cannot happen without a constitutional amendment.
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Taking other people's hard earned money will never make your pissant life any better.MariotaTheGawd said:It's always entertaining to see a bunch of thousandaire boot lickers preparing for the day when they too will be rich
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MariotaTheGawd said:
It's always entertaining to see a bunch of thousandaire boot lickers preparing for the day when they too will be rich
Sorry that you're poor with no prospects. The politics of envy are for you
Any democrat here with the balls to step out of line and say how bad this idea is? -
hard earnedDuckHHunterisafag said:
Taking other people's hard earned money will never make your pissant life any better.MariotaTheGawd said:It's always entertaining to see a bunch of thousandaire boot lickers preparing for the day when they too will be rich
you people would have made great commissars -
Did your welfare checks come during the shut down?MariotaTheGawd said:
hard earnedDuckHHunterisafag said:
Taking other people's hard earned money will never make your pissant life any better.MariotaTheGawd said:It's always entertaining to see a bunch of thousandaire boot lickers preparing for the day when they too will be rich
you people would have made great commissars -
The tolerant left.MariotaTheGawd said:
hard earnedDuckHHunterisafag said:
Taking other people's hard earned money will never make your pissant life any better.MariotaTheGawd said:It's always entertaining to see a bunch of thousandaire boot lickers preparing for the day when they too will be rich
you people would have made great commissars -
MisterEm said:
The tolerant left.MariotaTheGawd said:
hard earnedDuckHHunterisafag said:
Taking other people's hard earned money will never make your pissant life any better.MariotaTheGawd said:It's always entertaining to see a bunch of thousandaire boot lickers preparing for the day when they too will be rich
you people would have made great commissars go cry about it in a chain email, bitch -
@AZDuck is that you?!?MariotaTheGawd said:MisterEm said:
The tolerant left.MariotaTheGawd said:
hard earnedDuckHHunterisafag said:
Taking other people's hard earned money will never make your pissant life any better.MariotaTheGawd said:It's always entertaining to see a bunch of thousandaire boot lickers preparing for the day when they too will be rich
you people would have made great commissars go cry about it in a chain email, bitch -
The federal estate tax is Constitutional. It's a wealth tax. No way the Supremes vote down a wealth tax. Food stamps are unconstitutional if you actually read the Constitution. That hasn't slowed down the feds.
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Pleased to be making my point, again.MariotaTheGawd said:MisterEm said:
The tolerant left.MariotaTheGawd said:
hard earnedDuckHHunterisafag said:
Taking other people's hard earned money will never make your pissant life any better.MariotaTheGawd said:It's always entertaining to see a bunch of thousandaire boot lickers preparing for the day when they too will be rich
you people would have made great commissars go cry about it in a chain email, bitch
I'll leave the chain emails to your righteous socialist party.
Carry on, cuck.
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WestlinnDuck said:
The federal estate tax is Constitutional. It's a wealth tax. No way the Supremes vote down a wealth tax. Food stamps are unconstitutional if you actually read the Constitution. That hasn't slowed down the feds.
You are incorrect. The estate tax is an excise tax on the transfer of wealth. Not on the wealth itself. Warren’s tax proposal on wealth unconstitutional. Simple fact.
