Leftists are salivating - drooling - for a wealth tax

[CrazyTrader55]

Mr. Musk became a trillionaire (on paper) yesterday when his Space X company became public.

AOC, Bernie, and many lesser known socialists are just drooling for a wealth tax so they can swoop in and steal 5% of his wealth and redistribute it.



Now, I'm not going to tell you that the super rich don't need to pay more. THEY DO. Raise the freaking tax rates on the wealthy - but do it on earned income, capital gains, and so forth.... the way they have done it for a long time. Raise the rates.

What the left is proposing with these "wealth taxes" is theft. And rest assured, after they get their 5% this time, they will be back for more, soon enough.

 

[Hafar1014]

A wealth tax will crash the market and increase government abuse of taxes like we see in CA and Minn

 

[1srelluc]

Nah, they would not steal from an African-American now would they?

 

[rightwinger]

Tax where the money is

 

[forkup]

Mr. Musk became a trillionaire (on paper) yesterday when his Space X company became public.

AOC, Bernie, and many lesser known socialists are just drooling for a wealth tax so they can swoop in and steal 5% of his wealth and redistribute it.



Now, I'm not going to tell you that the super rich don't need to pay more. THEY DO. Raise the freaking tax rates on the wealthy - but do it on earned income, capital gains, and so forth.... the way they have done it for a long time. Raise the rates.

What the left is proposing with these "wealth taxes" is theft. And rest assured, after they get their 5% this time, they will be back for more, soon enough.

I have a question. Why does it matter how you get to having to rich to pay more?

It seems to me that if you agree that the rich need to pay more in taxes, arguing about how this is achieved seems kind of pedantic.


Also if you want the rates raised why are you going after "the left."

It isn't the left that lowered the rates to begin with. In fact, lowering them was the most significant policy iniative during Trump's first term. While locking those lower rates in, at the expense of social security, has been the most significant thing Republicans have done during this term.

By the way. Doesn't it bother you that Musk's company goes public at a valuation that doesn't follow the rules the SEC puts out for IPO's? That's Being done under a Republican, House, Senate, Presidency, and Supreme court.

 

[Hafar1014]

I have a question. Why does it matter how you get to having to rich to pay more?

It seems to me that if you agree that the rich need to pay more in taxes, arguing about how this is achieved seems kind of pedantic.


Also if you want the rates raised why are you going after "the left."

It isn't the left that lowered the rates to begin with. In fact, lowering them was the most significant policy iniative during Trump's first term. While locking those lower rates in, at the expense of social security, has been the most significant thing Republicans have done during this term.

SS was not affected by Trumps tax cuts.

 

[CrazyTrader55]

^^ Forkup
A wealth tax would act the same way as property taxes, which are about the most unfair tax that there is. The government steals money based on "market price" of my house, which goes up every year.

You can't tax unrealized gains. Can't do it! It's theft.

And yes, I'm very aware of the tax cuts that the republicans (and some democrats) gave to the wealthy over the years.

Raise the rates on anyone making more than $1M a year.

 

[Hafar1014]

^^ Forkup
A wealth tax would act the same way as property taxes, which are about the most unfair tax that there is. The government steals money based on "market price" of my house, which goes up every year.

You can't tax unrealized gains. Can't do it! It's theft.

And yes, I'm very aware of the tax cuts that the republicans (and some democrats) gave to the wealthy over the years.

Raise the rates on anyone making more than $1M a year.

Great an they will pass that tax back down to you. The government needs less not more money

 

[CrazyTrader55]

Great an they will pass that tax back down to you. The government needs less not more money

Of course they do. But since they never cut spending, there's no chance of it happening. So they need to be fought tooth and nail on any kind of a wealth grab.

 

[hadit]

Tax where the money is

View attachment 1268674

As already stated, we don't tax wealth, we tax INCOME. Wealth taxes are simply theft. You have too much so we're going to take it from you at gunpoint.

 

[berg80]

A wealth tax is just one component of what needs to be a complete reorienting of how revenue for the government is collected and how it is spent. The way we do those things currently is unsustainable and inevitably will lead to our country's demise.

 

[hadit]

^^ Forkup
A wealth tax would act the same way as property taxes, which are about the most unfair tax that there is. The government steals money based on "market price" of my house, which goes up every year.

And if you don't pay it, they take your house and kick you out of it. That just means you never really own anything, you only rent it from the government.

You can't tax unrealized gains. Can't do it! It's theft.

The only fair way to tax unrealized gains is to give tax deductions for unrealized losses, and they'll NEVER do that.

And yes, I'm very aware of the tax cuts that the republicans (and some democrats) gave to the wealthy over the years.

Raise the rates on anyone making more than $1M a year.

They will.

 

[iamwhatiseem]

The missing reality is provided by Mandani in NYC what would happen.
They stand on pedestals about "taxing $millionaires and #billionaires!!!!"
Off the pedestal - the go after $100,000aires.
Just like Mamdani wanted to do with all landlords. No distinction between $100 millionaire tycoons - and what the majority of who landlords actually are.

 

[ColonelAngus]

The HATE from the commie cult phucks over Elon’s success is SO MOTIVATING FOR ME.

They are NOTHING BUT IDEOLOGICALLY CAPTURED SHEEP.

TECH MAN BAD! DERP DERP DERP.

Such stupid brain dead twits.

Plus, he is really dumb….isnt he, commies?

 

[rightwinger]

As already stated, we don't tax wealth, we tax INCOME. Wealth taxes are simply theft. You have too much so we're going to take it from you at gunpoint.

Of course we don’t tax wealth
That is why that one percent don’t pay taxes….they don’t claim income

Do you just look at their wealth and just take some?
Of course not.

But you can tax every time they move it
Stock transactions, real estate sales, money transfers

Essentially a sales tax on the wealthy

 

[ColonelAngus]

How many jobs has he created?

For you CLIMATE CHANGE NUTJOBS…he has done more for the EV than ANYONE ALIVE….but HE IS HITLER!



You commies are just commies over EVERYTHING,

IT IS CALLED IDEOLOGICALLY CAPTURED.

YOU FAKE AHOLES DO NOT GAF ABOUT THE CLIMATE…IT IS A TOOL TO PUSH YOUR COMMUNISM.

GFY.

 

[hadit]

Of course we don’t tax wealth
That is why that one percent don’t pay taxes….they don’t claim income

Do you just look at their wealth and just take some?
Of course not.

But you can tax every time they move it
Stock transactions, real estate sales, money transfers

Essentially a sales tax on the wealthy

We already do tax those events. Any time they gain wealth, we tax it.

 

[Hafar1014]

We already do tax those events. Any time they gain wealth, we tax it.

We dont tax wealth we tax income and realized capital gains.

 

[rightwinger]

We already do tax those events. Any time they gain wealth, we tax it.

You don’t tax gains
You tax transactions, just like you do on a sales tax.
Every stock transaction, tax one percent
Every money transaction…one percent

The wealthy will sit on their wealth, but they will move it around

 

[Hafar1014]

You don’t tax gains
You tax transactions, just like you do on a sales tax.
Every stock transaction, tax one percent
Every money transaction…one percent

The wealthy will sit on their wealth, but they will move it around

Transactions are not taxed. The wealthy spend their wealth creating jobs and opporitunities