Pocahontas makes NO SENSE!!!

[healthmyths]

Her wealth tax—a two percent tax on household net worth above $50 million and three percent tax on household net worth above $1 billion—could raise a substantial amount of revenue. Emmanuel Saez and Gabriel Zucman, economists at the University of California, Berkeley, estimate that Sen. Warren’s wealth tax would raise $212 billion in 2019, and add up to $2.75 trillion over ten years. This estimate has been criticized, most notably by Lawrence Summers of Harvard University and Natasha Sarin of the University of Pennsylvania. Their optimistic estimate of Sen. Warren’s wealth tax is just $75 billion in the first year, roughly 35 percent of the Saez and Zucman estimate. Summers and Sarin assume that a wealth tax will be subject to similar avoidance maneuvers as the current estate tax, while Saez and Zucman assume a 15 percent avoidance rate.
Here’s how many people make more than $50 million per year — in wages

Proof?
The presidential candidate estimates it would apply only to 75,000 of the richest families and would raise $275 billion a year.
Most millionaires support a tax on wealth above $50 million, CNBC survey says

FACT: from:
The presidential candidate estimates it would apply only to 75,000 of the richest families and would raise $275 billion a year.

Most millionaires support a tax on wealth above $50 million, CNBC survey says
So if each of the 75,000 richest families averaged $50 million that is $3.750 Trillion in assets.
2% of that is $75 billion. NOT $275 Billion!

Also “A wealth tax, on the other hand, is much harder to enforce,” Pomerleau said. “For one, much of the wealth tax base doesn’t have a market price. For example, we don’t really know how much a particular privately-held business is worth because equity (stocks) in that company are not regularly traded on the open market.”
Facts on Warren's Wealth Tax Plan - FactCheck.org

Does the idiot Warren understand the concept that while an asset might have value, now I'm going to shout! It may not generate revenue!

The total assets of the USA is $269 Trillion BUT..
The primary residence represented 62% of the median homeowner’s total assets and 42% of the median home owner’s wealth. The primary residence is also a widely held asset. A greater share of households (67%) owned a primary residence than held a retirement account (50%) or stocks and bonds (16%).
Financial position of the United States - Wikipedia

So Pochontas... will these people be forced to sell their properties to pay the annual tax?

Or should they sell their vast stock holdings BUT to WhOM!

 

[airplanemechanic]

It's just an attempt to try to punish the wealthy.

It's a form of jealousy of success. Rather than encourage others to be successful they punish those who are.

Same old same old bullshit.

Dems don't stand a chance in 2020. They have NOTHING to run on.

 

[CrusaderFrank]

Progressive Playbook

Russia 1917: Eat the Rich, we'll all be better off!
China 1940: Eat the Rich, we'll all be better off!
Cuba 1960: Eat the Rich, we'll all be better off!
Venezuela 1990: Eat the Rich, we'll all be better off!
USA 2019: Eat the Rich, we'll all be better off!

 

[Rustic]

Her wealth tax—a two percent tax on household net worth above $50 million and three percent tax on household net worth above $1 billion—could raise a substantial amount of revenue. Emmanuel Saez and Gabriel Zucman, economists at the University of California, Berkeley, estimate that Sen. Warren’s wealth tax would raise $212 billion in 2019, and add up to $2.75 trillion over ten years. This estimate has been criticized, most notably by Lawrence Summers of Harvard University and Natasha Sarin of the University of Pennsylvania. Their optimistic estimate of Sen. Warren’s wealth tax is just $75 billion in the first year, roughly 35 percent of the Saez and Zucman estimate. Summers and Sarin assume that a wealth tax will be subject to similar avoidance maneuvers as the current estate tax, while Saez and Zucman assume a 15 percent avoidance rate.
Here’s how many people make more than $50 million per year — in wages

Proof?
The presidential candidate estimates it would apply only to 75,000 of the richest families and would raise $275 billion a year.
Most millionaires support a tax on wealth above $50 million, CNBC survey says

FACT: from:
The presidential candidate estimates it would apply only to 75,000 of the richest families and would raise $275 billion a year.

Most millionaires support a tax on wealth above $50 million, CNBC survey says
So if each of the 75,000 richest families averaged $50 million that is $3.750 Trillion in assets.
2% of that is $75 billion. NOT $275 Billion!

Also “A wealth tax, on the other hand, is much harder to enforce,” Pomerleau said. “For one, much of the wealth tax base doesn’t have a market price. For example, we don’t really know how much a particular privately-held business is worth because equity (stocks) in that company are not regularly traded on the open market.”
Facts on Warren's Wealth Tax Plan - FactCheck.org

Does the idiot Warren understand the concept that while an asset might have value, now I'm going to shout! It may not generate revenue!

The total assets of the USA is $269 Trillion BUT..
The primary residence represented 62% of the median homeowner’s total assets and 42% of the median home owner’s wealth. The primary residence is also a widely held asset. A greater share of households (67%) owned a primary residence than held a retirement account (50%) or stocks and bonds (16%).
Financial position of the United States - Wikipedia

So Pochontas... will these people be forced to sell their properties to pay the annual tax?

Or should they sell their vast stock holdings BUT to WhOM!

 

[Bush92]

Her wealth tax—a two percent tax on household net worth above $50 million and three percent tax on household net worth above $1 billion—could raise a substantial amount of revenue. Emmanuel Saez and Gabriel Zucman, economists at the University of California, Berkeley, estimate that Sen. Warren’s wealth tax would raise $212 billion in 2019, and add up to $2.75 trillion over ten years. This estimate has been criticized, most notably by Lawrence Summers of Harvard University and Natasha Sarin of the University of Pennsylvania. Their optimistic estimate of Sen. Warren’s wealth tax is just $75 billion in the first year, roughly 35 percent of the Saez and Zucman estimate. Summers and Sarin assume that a wealth tax will be subject to similar avoidance maneuvers as the current estate tax, while Saez and Zucman assume a 15 percent avoidance rate.
Here’s how many people make more than $50 million per year — in wages

Proof?
The presidential candidate estimates it would apply only to 75,000 of the richest families and would raise $275 billion a year.
Most millionaires support a tax on wealth above $50 million, CNBC survey says

FACT: from:
The presidential candidate estimates it would apply only to 75,000 of the richest families and would raise $275 billion a year.

Most millionaires support a tax on wealth above $50 million, CNBC survey says
So if each of the 75,000 richest families averaged $50 million that is $3.750 Trillion in assets.
2% of that is $75 billion. NOT $275 Billion!

Also “A wealth tax, on the other hand, is much harder to enforce,” Pomerleau said. “For one, much of the wealth tax base doesn’t have a market price. For example, we don’t really know how much a particular privately-held business is worth because equity (stocks) in that company are not regularly traded on the open market.”
Facts on Warren's Wealth Tax Plan - FactCheck.org

Does the idiot Warren understand the concept that while an asset might have value, now I'm going to shout! It may not generate revenue!

The total assets of the USA is $269 Trillion BUT..
The primary residence represented 62% of the median homeowner’s total assets and 42% of the median home owner’s wealth. The primary residence is also a widely held asset. A greater share of households (67%) owned a primary residence than held a retirement account (50%) or stocks and bonds (16%).
Financial position of the United States - Wikipedia

So Pochontas... will these people be forced to sell their properties to pay the annual tax?

Or should they sell their vast stock holdings BUT to WhOM!

She is another Harvard book smart IDIOT!

 

[airplanemechanic]

Her wealth tax—a two percent tax on household net worth above $50 million and three percent tax on household net worth above $1 billion—could raise a substantial amount of revenue. Emmanuel Saez and Gabriel Zucman, economists at the University of California, Berkeley, estimate that Sen. Warren’s wealth tax would raise $212 billion in 2019, and add up to $2.75 trillion over ten years. This estimate has been criticized, most notably by Lawrence Summers of Harvard University and Natasha Sarin of the University of Pennsylvania. Their optimistic estimate of Sen. Warren’s wealth tax is just $75 billion in the first year, roughly 35 percent of the Saez and Zucman estimate. Summers and Sarin assume that a wealth tax will be subject to similar avoidance maneuvers as the current estate tax, while Saez and Zucman assume a 15 percent avoidance rate.
Here’s how many people make more than $50 million per year — in wages

Proof?
The presidential candidate estimates it would apply only to 75,000 of the richest families and would raise $275 billion a year.
Most millionaires support a tax on wealth above $50 million, CNBC survey says

FACT: from:
The presidential candidate estimates it would apply only to 75,000 of the richest families and would raise $275 billion a year.

Most millionaires support a tax on wealth above $50 million, CNBC survey says
So if each of the 75,000 richest families averaged $50 million that is $3.750 Trillion in assets.
2% of that is $75 billion. NOT $275 Billion!

Also “A wealth tax, on the other hand, is much harder to enforce,” Pomerleau said. “For one, much of the wealth tax base doesn’t have a market price. For example, we don’t really know how much a particular privately-held business is worth because equity (stocks) in that company are not regularly traded on the open market.”
Facts on Warren's Wealth Tax Plan - FactCheck.org

Does the idiot Warren understand the concept that while an asset might have value, now I'm going to shout! It may not generate revenue!

The total assets of the USA is $269 Trillion BUT..
The primary residence represented 62% of the median homeowner’s total assets and 42% of the median home owner’s wealth. The primary residence is also a widely held asset. A greater share of households (67%) owned a primary residence than held a retirement account (50%) or stocks and bonds (16%).
Financial position of the United States - Wikipedia

So Pochontas... will these people be forced to sell their properties to pay the annual tax?

Or should they sell their vast stock holdings BUT to WhOM!

Do you realize how fucking funny your meme really is considering who is the topic of this thread? That's some funny shit.

 

[Rustic]

Her wealth tax—a two percent tax on household net worth above $50 million and three percent tax on household net worth above $1 billion—could raise a substantial amount of revenue. Emmanuel Saez and Gabriel Zucman, economists at the University of California, Berkeley, estimate that Sen. Warren’s wealth tax would raise $212 billion in 2019, and add up to $2.75 trillion over ten years. This estimate has been criticized, most notably by Lawrence Summers of Harvard University and Natasha Sarin of the University of Pennsylvania. Their optimistic estimate of Sen. Warren’s wealth tax is just $75 billion in the first year, roughly 35 percent of the Saez and Zucman estimate. Summers and Sarin assume that a wealth tax will be subject to similar avoidance maneuvers as the current estate tax, while Saez and Zucman assume a 15 percent avoidance rate.
Here’s how many people make more than $50 million per year — in wages

Proof?
The presidential candidate estimates it would apply only to 75,000 of the richest families and would raise $275 billion a year.
Most millionaires support a tax on wealth above $50 million, CNBC survey says

FACT: from:
The presidential candidate estimates it would apply only to 75,000 of the richest families and would raise $275 billion a year.

Most millionaires support a tax on wealth above $50 million, CNBC survey says
So if each of the 75,000 richest families averaged $50 million that is $3.750 Trillion in assets.
2% of that is $75 billion. NOT $275 Billion!

Also “A wealth tax, on the other hand, is much harder to enforce,” Pomerleau said. “For one, much of the wealth tax base doesn’t have a market price. For example, we don’t really know how much a particular privately-held business is worth because equity (stocks) in that company are not regularly traded on the open market.”
Facts on Warren's Wealth Tax Plan - FactCheck.org

Does the idiot Warren understand the concept that while an asset might have value, now I'm going to shout! It may not generate revenue!

The total assets of the USA is $269 Trillion BUT..
The primary residence represented 62% of the median homeowner’s total assets and 42% of the median home owner’s wealth. The primary residence is also a widely held asset. A greater share of households (67%) owned a primary residence than held a retirement account (50%) or stocks and bonds (16%).
Financial position of the United States - Wikipedia

So Pochontas... will these people be forced to sell their properties to pay the annual tax?

Or should they sell their vast stock holdings BUT to WhOM!

Do you realize how fucking funny your meme really is considering who is the topic of this thread? That's some funny shit.

Lol
What is funnier yet is Pocahontas is not even an Indian, and no Indian tribe will claim her...