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

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Comments

  • BennyBeaverBennyBeaver Member Posts: 13,346

    Ask the State of Washington what I owe them for purchases I deliberately made in Oregon. You can even tell them I deliberately didn’t make the purchases in Washington.

    It’s up to you to tell them. There is a online form. Dumbass

    Link?

    I better get busy...
  • MikeDamoneMikeDamone Member Posts: 37,781

    It’s up to you to tell them. There is a online form. Dumbass
    Link?

    I better get busy...

    https://dor.wa.gov/find-taxes-rates/use-tax
  • 2001400ex2001400ex Member Posts: 29,457
    I'm sure DaBoner goes in every quarter and reports his online sales to which no sales tax was collected.
  • 2001400ex2001400ex Member Posts: 29,457

    That is correct. I’ve been audited before as well. Fuck off.
    Liar.
  • MikeDamoneMikeDamone Member Posts: 37,781
    edited January 2019
    2001400ex said:

    Liar.
    Piss off. Audited twice actually. Both times ended up paying some. I’d missed a couple of things in my records.
  • 2001400ex2001400ex Member Posts: 29,457

    Piss off. Audited twice actually. Both times ended up paying some. I’d missed a couple of things in my records.
    You are telling me that, as a consumer, they audited you for online purchases. Twice. To pay sales tax. (Yes technically use tax). How do they even track your purchases?
  • sarktasticsarktastic Member Posts: 9,208
    Warren’s proposal is not only going to be the final nail in the coffin of capitalism and the United States but indeed, investors will migrate to China. The danger is clear.

    https://www.armstrongeconomics.com/world-news/taxes/warrens-wealth-tax-the-final-nail-in-the-coffin-of-the-us-economy/
  • KaepskneeKaepsknee Member Posts: 14,896

    Put in fucking term limits as a cross-check to force the bad people out if the electors lose their fucking minds.



    But we would lose valuable committee members!!!!
  • Fenderbender123Fenderbender123 Member Posts: 2,989
    2001400ex said:

    Ok Mike. Explain how eliminating the income tax and putting in a sales tax wouldn't have that effect.
    "sales" tax.

    Do you think people with more income don't also spend more? They do. And if they aren't, good for them for saving their money.

  • 2001400ex2001400ex Member Posts: 29,457

    "sales" tax.

    Do you think people with more income don't also spend more? They do. And if they aren't, good for them for saving their money.

    Answer the question.
  • Fenderbender123Fenderbender123 Member Posts: 2,989
    edited January 2019
    I don't see how you can say it's raising or lowering anyone's taxes. Want to pay more taxes? Spend more money. Want to pay less? Spend less. Wow!!!
  • HHuskyHHusky Member Posts: 22,675

    I don't see how you can say it's raising or lowering anyone's taxes. Want to pay more taxes? Spend more money. Want to pay less? Spend less. Wow!!!

    Disincentives to consume domestically are a really awful idea. Particularly now.
  • 2001400ex2001400ex Member Posts: 29,457

    I don't see how you can say it's raising or lowering anyone's taxes. Want to pay more taxes? Spend more money. Want to pay less? Spend less. Wow!!!

    You still don't answer the question. The net effect is raising taxes on the poor and middle class and drastically lowering taxes on the wealthy. How do you think that's a good idea for the economy?
  • Fenderbender123Fenderbender123 Member Posts: 2,989
    HHusky said:

    Disincentives to consume domestically are a really awful idea. Particularly now.
    What? Americans are waaay overconsuming at every income level. We need a massive change in our lifestyle habits. Any negative effects of less consuming would be short term and mitigated by the fact that people are saving more money.
  • MikeDamoneMikeDamone Member Posts: 37,781
    2001400ex said:

    You still don't answer the question. The net effect is raising taxes on the poor and middle class and drastically lowering taxes on the wealthy. How do you think that's a good idea for the economy?
    Such a simple mind.
  • 2001400ex2001400ex Member Posts: 29,457

    Such a simple mind.
    You don't answer the question either. Keep dodging.
  • Fenderbender123Fenderbender123 Member Posts: 2,989
    2001400ex said:

    You still don't answer the question. The net effect is raising taxes on the poor and middle class and drastically lowering taxes on the wealthy. How do you think that's a good idea for the economy?
    Please show me your math.

    Also, economics is the study of choice and outcomes. Tell me what the negative outcomes would be. I don't want to hear about GDP and all that bullshit.
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