Sanders, Khanna to propose federal billionaires' wealth tax

[westwall]

Lot of money to be made in California

Not anymore. Now it's turning into the state of poverty.

 

[westwall]

Doesn’t work like that Skippy

Why aren’t conservatives sending truckloads of money to pay for TRUMPwar?

Why aren't leftoids repaying the money stolen by the rampant fraud in all those democrat strongholds?

 

[pknopp]

Which are not a WEALTH tax, which this proposal is.

If you say so...I think the wealthy would see it as one.

 

[ThisIsMe]

Doesn’t work like that Skippy

Why not? If you believe that rich need to pay more, you have an easy way to do that. Just send them a check. Nobody will stop you.

Why aren’t conservatives sending truckloads of money to pay for TRUMPwar?

If repubs say we aren’t spending enough on the war, they can also send money to the government.

 

[Lockback]

He made a fortune via paying minimum taxes as is his right. From him using the float of the insurance arm of Geico or whatever it was (perhaps Berkshire in its early years I forget) to allow him to freely to invest in the market to adopting a DRIP to ensure his dividends were directly repuchasing stocks to avoid taxation to his lengthy holding of stocks so that he was only "paper rich" but foregoing the taxes until well into the future, Buffett wrote the book on tax avoidance within the confines of the law.

In fact, I read a book from his former daughter-in-law, Mary Buffett I believe, in which one year Buffett had overpaid his taxes by quite a relatively small amount, especially for a man worth 10s of billions and he apparently contacted the U.S federal government demanding that this small amount be returned to him. He always stated that the government was wasteful with tax revenue.

How soon he forgets in his old age.

Yep. Another phony hypocrite.