Leftists are salivating - drooling - for a wealth tax

[Nuthin' Fancy]

^^ 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.

Did you apply for a homestead exemption?

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.

At least raise SS tax to a $1 million, which is capped at $184,500.

 

[JohnDB]

You cannot raise taxes when consumer confidence is down and in a down trend.

That's the proverbial skunk at a picnic.

In other words: FAFO moment

 

[Hafar1014]

Did you apply for a homestead exemption?

At least raise SS tax to a $1 million, which is capped at $184,500.

Great it still goes broke. SS is ponzi and will always go broke. Raising the tax means some will pay more then they get when they retire. Its time yo make it private and let people opt out

 

[Nuthin' Fancy]

Great it still goes broke. SS is ponzi and will always go broke.

You're FOS.
You RWNJ's have been claiming that since Reagan.

Raising the tax means some will pay more then they get when they retire. Its time yo make it private and let people opt out

That's what RWNJ's want to do with every government service.

Since Reagan claimed the government is broken
Then got elected and proved it.
45 year later, they're still at it.
Somehow they're tax cuts aways come through.

 

[ColonelAngus]

How many people do MUSK companies employ?

How much do they pay in TAXES?

FEDERAL INCOME TAX. STATE INCOME TAX. COUNTY AND CITY TAXES. GAS TAXES. SALES TAXES. PROPERTY TAXES.

How many jobs do THOSE people help perpetuate by purchasing goods and services?

You paycho commies who hate Elon Musk because he EXPOSED SYSTEMIC COMMUNIST FRAUD THROUGH DOGE CAN GFY.

 

[hadit]

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

Until it becomes expensive to do, then they'll just find other places to stash it that don't hit them with new taxes every time they turn around.

And, we KNOW there's no way the tax stays at 1%, no way at all.

 

[Mac1958]

I'm strongly against a wealth tax, for all the traditional reasons.

And I know that, now, after we have so misapplied capitalism, it may end up being necessary.

Complicated situations often require intellectual elasticity.

 

[Lockback]

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.

Communism is theft, plain and simple, on every level. They steal money from the productive and they steal the soul of every citizen.

 

[ColonelAngus]

I would like one of you COMMIES who hates Elon to walk me though the economic impact on the USA and world his companies have and why THAT IS A BAD THING.

WALK ME THROUGH THE NUMBERS AND EXPLAIN WHY ELON IS BAD.

 

[Independent thinker]

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’m not sure there is really a difference between a wealth tax and increasing tax rates. They both sound the same to me. And, increasing tax rates means it is probably just as permanent as If they did a wealth tax every year. Europe has already proven many times over that wealth taxes actually don’t work. Funny how the party who claims they deal in facts always seems to ignore that fact.

Another thing the left seem to have no clue on is that they tried to financially ruin both Trump and Musk and both got richer as a result. At what point does their light bulb come on?

 

[ColonelAngus]

Commies never have enough taxes.

Now they FLAT OUT ADMIT TAXES ARE AN INTENDED PUNISHMENT.

WEAPONIZING TAXES.

Wake up, you commie dipshits.

 

[rightwinger]

Until it becomes expensive to do, then they'll just find other places to stash it that don't hit them with new taxes every time they turn around.

And, we KNOW there's no way the tax stays at 1%, no way at all.

The wealthy will have to move their wealth
That is how they make money

No way to get around it

 

[rightwinger]

Commies never have enough taxes.

Now they FLAT OUT ADMIT TAXES ARE AN INTENDED PUNISHMENT.

WEAPONIZING TAXES.

Wake up, you commie dipshits.

Taxes are the price we pay to live in a civilized society

 

[CrazyTrader55]

Did you apply for a homestead exemption?

At least raise SS tax to a $1 million, which is capped at $184,500.

That's a start but now those people are due to collect more as well. You're going to have to limit their collections. Otherwise, yes, SS is a Ponzi scheme.

 

[rightwinger]

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

BS

It is the workers who create wealth

 

[CrazyTrader55]

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

What are you talking about? Of course transactions are taxed. Buy a house? Taxed. Sell a house? Taxed. Sell stocks? (my thing)... taxed. Receive dividends or interest? Taxed. And so on

 

[TroglocratsRdumb]

Tax where the money is

View attachment 1268674

Marxist

 

[Nuthin' Fancy]

That's a start but now those people are due to collect more as well. You're going to have to limit their collections. Otherwise, yes, SS is a Ponzi scheme.

The only Ponzi scheme is "trickle down" tax cuts.

 

[Admiral Rockwell Tory]

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.

The "rich" already pay most of the income taxes. Those investments that reap capital gains are the fuel for the economy. You want to tax more, so perhaps they will invest less. Starving an economy of investment funds is slow suicide.

 

[ColonelAngus]

Elon has created hundreds of thousands of TAXPAYING JOBS.

PUNISH HIM!