Every time Socialist start talking about a billionaire tax(not millionaire as many in congress now are) the billionaires will leave as history shows.

[Mikeoxenormous]

'Billionaires tax' tension threatens to sap Dems' momentum for $1T-plus deal

The idea is straightforward enough. In the final days of frenetic dealmaking on the party's roughly $1.5 trillion spending bill, Senate Democrats are hoping to use the billionaires tax as a partial financing replacement for tax increases opposed by moderate Sen. Kyrsten Sinema (D-Ariz.).

France lost the most millionaires last year after terror attacks

Some 82,000 people who have more than $1 million in assets left their home countries last year - 18,000 more than in 2015, according to the 2017 Global Wealth Review.

www.dailymail.co.uk

Bill Gates firm buys Arizona land for $80 million to create 'smart city'

A real estate investment firm owned by Bill Gates recently bought land in Arizona for $80 million to be developed into a “smart city.”

www.foxnews.com

Tesla to move headquarters to Texas, Elon Musk says

Everything is bigger in Texas, and one of the biggest-name companies is moving to the Lone Star State. Elon Musk said Tesla will be shifting its headquarters to Austin.

nypost.com

Rich people can afford to leave, which is exactly what happened to Detroit in the 1960s and when the government started taxing the middle class, because the rich had left, soon the poor were the only ones left. Progressive slaves have a very short memory and this is why they get screwed in the long run.

How have they worked out? In 1950, Detroit was the wealthiest city in America on a per capita income basis. Today, the Census Bureau reports that it is the nation's 2nd poorest major city, just "edging out" Cleveland.

Detroit: The Triumph of Progressive Public Policy ...​

www.michigancapitolconfidential.com/12832

..........This is American now................This will be America soon........if you keep voting Democrat

....

 

[Resnic]

Of course they will. To them it's all about the bottom line. They will weigh the options and go with the one where they stand to lose the least amount of money over X amount of time.

I don't blame them, I do the same thing on a much smaller scale. If I spend my money at one place but discover I can save money by buying the same thing from somewhere else I will do it.

 

[WEATHER53]

What good is produced by taking from a handful of super achievers and spreading their accomplishments amongst the masses of deadbeats and con artists?

 

[Independentthinker]

'Billionaires tax' tension threatens to sap Dems' momentum for $1T-plus deal

France lost the most millionaires last year after terror attacks

Some 82,000 people who have more than $1 million in assets left their home countries last year - 18,000 more than in 2015, according to the 2017 Global Wealth Review.

www.dailymail.co.uk

Bill Gates firm buys Arizona land for $80 million to create 'smart city'

A real estate investment firm owned by Bill Gates recently bought land in Arizona for $80 million to be developed into a “smart city.”

www.foxnews.com

Tesla to move headquarters to Texas, Elon Musk says

Everything is bigger in Texas, and one of the biggest-name companies is moving to the Lone Star State. Elon Musk said Tesla will be shifting its headquarters to Austin.

nypost.com

Rich people can afford to leave, which is exactly what happened to Detroit in the 1960s and when the government started taxing the middle class, because the rich had left, soon the poor were the only ones left. Progressive slaves have a very short memory and this is why they get screwed in the long run.

How have they worked out? In 1950, Detroit was the wealthiest city in America on a per capita income basis. Today, the Census Bureau reports that it is the nation's 2nd poorest major city, just "edging out" Cleveland.

Detroit: The Triumph of Progressive Public Policy ...​

www.michigancapitolconfidential.com/12832

..........This is American now................This will be America soon........if you keep voting Democrat
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The trouble with the left is they can't think past "take from the rich and give to the poor". It sounds so simple but they can't see that their policies just don't work. If I remember, there were 10 democratic socialist countries in Europe (the left's heros) who enacted wealth taxes on the super rich and eventually 9 out of the 10 ended the wealth taxes because they just didn't work. They didn't actually bring in enough new taxes to make it worth the extreme effort and cost they had to put into it. I don't think that 10th country is swimming in the dough either.

What I'm trying to figure out is if Democrats actually know this and want to use it as a political rallying cry (like Make America Great Again) or if they are just too stupid to see that it has been tried many times already and failed and that they just can't see past their own blind partisanship. And, they seem to have it engrained in them that if something doesn't work then just do more of what doesn't work and eventually it will work.