Leftists are salivating - drooling - for a wealth tax

[The Sage of Main Street]

How many taxes do they create when they own corporations and create tax paying jobs, sales taxes, corporate taxes. They create all the taxes. What do you do. Pay taxes on your job at WAWA. When rich man buys a yacht he creates many jobs. The builders, mechanics, doc workers, gas sellers etc. How many tax paying jobs have you created.

Your Attitude Is Also a "Road to Serfdom"

 

[The Sage of Main Street]

Taxes pay for our society
A society that the wealthy make billions off of

The Plutes Own the Businesses That the Government Spends Our Money On

 

[The Sage of Main Street]

By providing things society wants or needs.
You want to punish them for success.

Sperm-Lottery Winners

Instead, if you were consistent instead of plutocratically programmed, you'd support taxing only inheritance, in which the recipient didn't earn a penny of it.

If the sons don't have to pay for the sins of their fathers, why should they benefit from the economic virtues of their fathers?

If someone is sentenced to 20 years and dies after ten, does the son have to serve out the rest of his sentence.

If someone earns $20 million and dies with $10 million left, by the same sense of justice, why should the son get it?

 

[The Sage of Main Street]

They also benefit the most off of those taxes
It is the workers who are starving as they receive less and less from the profits they generate.
The rich are paying the lowest tax rate in generations.
They do not trickle down that wealth, they just keep it.

Since 1964, the Plutelickers Have Called Trickledown "Gold Water

 

[The Sage of Main Street]

That in No Way Is the Alternative to Our Present System

 

[The Sage of Main Street]

Taxes on Unrealized Capital Gains will crush the 401(k), Roth IRAs, and Pensions for the working and middle class.

Sure, It's a Stupid Idea. That's Why the Fake "Democrats" Suggested It.

The RichKid Reich Deep State's right hand does know what its left hand is doing.

 

[The Sage of Main Street]

Not usually. Those are capital gains taxes on the federal level and only on the gain you made on the property, with a significant exclusion. How do you think people make a killing by flipping houses?

Don't Bundle an Instrument with a Stick of Dynamite

By the way, that's what caused the sub-prime crisis. Never hear that explanation from any fake side in the media.

 

[The Sage of Main Street]

Freedoms just another word for nothing left to lose

The Murder Weapon That Killed 1950s' Rock and Roll

Janis Joplin's most effective support came from the spoiled-putrid spawn that had oozed out of a plute's trophy wife.

When you got nothing, you find out who took what you had from you and take it back.

 

[The Sage of Main Street]

Musk made hundreds of billions off of SpaceX yesterday
Not because SpaceX generated wealth
SpaceX has never turned a profit

Musk made money off of the greed of other investors.
It did not create jobs, it did not add to GDP, it did not benefit society at all.

Astrogeeks Just Wanna Have Fun

 

[The Sage of Main Street]

They're also less than a 10th of a percent of the ridiculous social programs started by the left for their money laundering fraud schemes. And please, keep going with your ideas for taxing wealth creators, you display just how much you know about wealth creation. Ask yourself why most of the world's countries do not produce these advanced industries or have an advanced economy. We don't need to tax people who innovate, we need to tax people who are just parasites. That is most of the dumocrap party.

Our Wealth Didn't Come from the Elitists' Economic System; It Came from the Uniquely American Abilities in Practical Science

 

[rightwinger]

Why? Unless they receive it as income, why tax it? What difference does it make if I have 20 billion in stocks that’s just sitting there but I don’t use it? If I cash some of that stock out, then yes, they can tax it, but if it’s just sitting there, why tax it?

Because they are not stupid enough to claim taxable income

Tax every stock transaction they make

 

[Concerned American]

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.

Percentage based income tax is BS. All this hullabaloo about the rich not paying their fair share. Example--A millionaire pays 10% on his million--that is $100K. A middle class worker pays 10% on his $100K--that is $10K. How is charging a man $90K more equitable just because he's more successful? Additionally the wealthy often provide jobs to others who are now taxpayers instead of a drain on society. The whole argument is nothing but more whining from envious slackers.

 

[The Sage of Main Street]

Even if the left do somehow cheat their way back in to power, they will never raise taxes on the billionaire class. But they will threaten it as a shakedown to extract more money out of them for campaign donations. They were famous for this back in the 90's and went after Microsoft, Monsanto, and a few pharmaceuticals and Wall St. banks. Then as soon as these companies started donating heavily to the democrats and not to the GOP they stopped and the left was no longer allowed to criticize these companies. Now the left adores them and their shady business tactics. It's never really about doing good, it's always about money and power with these neo-leftists.

Americans Have the Best Form of Government That Money Can Buy

 

[Alicia J]

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.

Another MAGA peasant trying to protect Elon Musk's billions....like a good little serf from the Middle Ages.

So pathetic....

 

[JohnDB]

 

[hadit]

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

No way to get around it

And we already tax the increase, which is the point. Now you want to tax simple movement whether there's an increase or not, you should then give deductions for losses. That would be fair.

 

[Alicia J]

And we already tax the increase, which is the point. Now you want to tax simple movement whether there's an increase or not, you should then give deductions for losses. That would be fair.

They already get deductions for "losses", dummy.

That's why traitor Trump didn't pay any taxes for 20 years.

 

[hadit]

Another MAGA peasant trying to protect Elon Musk's billions....like a good little serf from the Middle Ages.

So pathetic....

Why does anyone think they have a right to them? After all, he's made them by selling products people want to buy. You should really be mad at them.

 

[hadit]

They already get deductions for "losses", dummy.

That's why traitor Trump didn't pay any taxes for 20 years.

Not the scenario. Please try to keep up. He wants to apply a tax merely for moving money between a savings account and a checking account.

 

[Alicia J]

Why does anyone think they have a right to them? After all, he's made them by selling products people want to buy. You should really be mad at them.

Musk didn't achieve his wealth on his own.

Like many billionaires who hit it big, Musk and Tesla got a massive $460 million loan from Obama and the Federal government back in 2010, which saved Musk and his company from bankruptcy.

As a "grateful patriot", Musk should be willing to pay extra taxes since the U.S. government helped him achieve tremendous wealth.