I like Warrens plan, if we make them pay 70% they just commit tax

Penelope

Diamond Member
Jul 15, 2014
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evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia
 
evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia

The problem is it is probably unconstitutional. It's a form of property tax, and I don't think the federal government has the authority to issue a property tax.
 
You multimillionaires and billionaires can go live on the moon.
 
evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia

The problem is it is probably unconstitutional. It's a form of property tax, and I don't think the federal government has the authority to issue a property tax.

Go live on the moon if you don't like it. No its not unconstitutional. what is unconstitutional is people make millions and are tax evaders and all the loopholes the filthy rich have.
 
evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia

The problem is it is probably unconstitutional. It's a form of property tax, and I don't think the federal government has the authority to issue a property tax.

Go live on the moon if you don't like it. No its not unconstitutional. what is unconstitutional is people make millions and tax evaders and all the loopholes the filthy rich have.

It's not an income tax, it's not an excise tax, what form of tax does it fall under that is authorized by the federal constitution?
 
Steal from the rich, give to the poor?


You should change your avatar.

th
 
You multimillionaires and billionaires can go live on the moon.
You fagot liberals can go live in Cuba and see how well your bitches tax proposals work..Dumbass...

Go live on the moon, leave the USA, if you don't like it. Where are you going to go? LOL. I'm calling your bluff.
Why do you want to turn this country into another Cuba or Venezuela? (1) If you want that type of government, go live there a few years and get a REAL eye opening experience. (2) Or are you just a whiney ass, welfare bitch who wants the rest of US punished because you are too fucking lazy to get your fat ass off the Netflix couch and do some work? I choose number 2.
 
evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia
Got to admit the delusional are funny.

Who do you think wrote every line of our current tax code? It was not a poor person sitting in a room. It was congress. Where do you think the largest concentration of millionaires are? Congress.

Warren is poor right? She would never suggest something that she knows she and others would never pass just to get elected. Right?
 
evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia
Got to admit the delusional are funny.

Who do you think wrote every line of our current tax code? It was not a poor person sitting in a room. It was congress. Where do you think the largest concentration of millionaires are? Congress.

Warren is poor right? She would never suggest something that she knows she and others would never pass just to get elected. Right?

Hey we get to sit around and say nothing when they give huge tax cuts to the rich, time for payback.
 
evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia


A "wealth tax" isn't constitutional here in America. I would suggest that Pocahontas submit an amendment to allow it, if she is so hot to trot for it
 
evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia
Got to admit the delusional are funny.

Who do you think wrote every line of our current tax code? It was not a poor person sitting in a room. It was congress. Where do you think the largest concentration of millionaires are? Congress.

Warren is poor right? She would never suggest something that she knows she and others would never pass just to get elected. Right?

Hey we get to sit around and say nothing when they give huge tax cuts to the rich, time for payback.
Ah yes the crazy Dem response. Tell me if you can is 2% of $10.00 a larger amount then 2% of $1,000,000.00? Yet it is still 2%. Think hard before you answer because math can be hard for a lot of Dems.

It was the same tax cut for everyone. Since you are probably on welfare you did not get a tax cut. But for everyone paying taxes it was the same tax cut. Funny thing about some people we want to treat everyone the same. Give them the same opportunities, the same chance to worship or not, the same tax cuts. Some of us don't believe that those who want to be successful, those who want to work hard should be penalized. While those that don't want to be successful, those that want to do nothing or the bare minimum should be rewarded.
 
evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia
Another envious, greedy looter, who doesn't have the nerve to rob people face-to-face.
 
I like Trump's plan. I paid $3K less income tax this year than I did last year on about the same income.

God bless Trump.
 
evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia

The problem is it is probably unconstitutional. It's a form of property tax, and I don't think the federal government has the authority to issue a property tax.

Go live on the moon if you don't like it. No its not unconstitutional. what is unconstitutional is people make millions and are tax evaders and all the loopholes the filthy rich have.


Too many liberal moon bats on the Moon already.
 
evasion, and there are so many loopholes, real estate investors and corps do not pay anything at all.

Look at Kushner and Trump, sitting pretty. No more Delaware company start up either. No more pay for play, and Warren can get the job done. I am so sick of those who do not want to pay taxes and horde their money. Its one thing not to over pay but tax evasion is another, close those loopholes.

Current examples[edit]
  • Argentina: It is named Impuesto a los Bienes Personales, on assets above ARS 800,000 (US$48309.18), the annual rates are 0.75% for 2016, 0.50% for 2017, 0.25% in 2018, and they raise it in 2019 to 0.75%.
  • Canada: British Columbia has recently implemented a tax on personal homes. The tax is in addition to regular property tax and begins at homes worth more than $3 million Canadian ($2.3 million US). The tax is 0.2% on the first million above the $3 million and 0.4% on any value above that. No recognition of mortgages, lien, or taxes due is taken into account.
  • France: Until 2017, there was a solidarity tax on wealth on any net assets above €800,000, if your total net worth was €1,300,000 or more. Marginal rates ranged from 0.5% to 1.5%.[3] In 2007, it collected €4.07 billion, accounting for 1.4% of total revenue.[4] From 2018 onwards, it has been replaced by a wealth tax on real estate, exonerating all financial assets.[5]
  • Spain: There is a tax called Patrimonio. The tax rate is progressive, from 0.2 to 3.75% of net assets above the threshold of €700,000 after €300,000 primary residence allowance.[6] The exact amount varies between provinces.
  • Netherlands: There is a tax called vermogensrendementheffing. Although its name (wealth yield tax) suggests that it is a tax on the yield of wealth. It qualifies as a wealth tax, since the actual yield (whether it's positive or negative) is not taken into account in its calculation. Up to and including 2016, the rate was fixed at 1.2% (30% taxation over an assumed yield of 4%). From the fiscal year of 2017 onwards, the tax rate progresses with wealth. See Income tax in the Netherlands. In addition to the vermogensrendementheffing, owners of real estate pay a tax called onroerendezaakbelasting, which is based on the estimated value of the real estate they own. This is a local tax, levied by the city council where the property is located.
  • Norway: 0.7% (municipal) and 0.15% (national) a total of 0.85% levied on net assets exceeding 1,480,000 kr as of 2017.[7] For tax purposes, the value of real estate assets are estimated to approximately 50% of the market value (25% if it is the taxpayer's primary residence).[8] The Conservative and Progress parties in the current government and the Liberal Party have stated that they aim to reduce and eventually eliminate the wealth tax.[9]
  • Switzerland: A progressive wealth tax that varies by residence location. Most cantons have no wealth tax for individual net worth less than CHF 100,000 and progressively raise the tax rate on net assets with a top rate ranging from 0.13% to 0.94% depending on canton and municipality of residence.[10] Wealth tax is levied against worldwide assets of Swiss residents, but it is not levied against assets in Switzerland held by non-residents.[10][11]
  • Italy: Two wealth taxes are imposed. One, IVIE, is a 0.76% tax imposed on real assets held outside Italy. The values of such assets are determined by purchase price or current market value. Property taxes paid in the country where the real estate exists can offset IVIE. Another tax, IVAFE, is 0.15% and is levied on all financial assets located outside the country, including, so far as the language seems to imply, individual pension schemes such as 401(k)s and IRAs in the US.
Wealth tax - Wikipedia

The problem is it is probably unconstitutional. It's a form of property tax, and I don't think the federal government has the authority to issue a property tax.

Go live on the moon if you don't like it. No its not unconstitutional. what is unconstitutional is people make millions and are tax evaders and all the loopholes the filthy rich have.


Too many liberal moon bats on the Moon already.

Too much neoliberalism, time for the blue collar workers to get ahead, and spread some of the wealth around via healthcare and public schools and infrastructure.
 

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