Bull shit.. They should pay their fair fucking share. Not one fucking job would be lost. Go suck a billionaires dick.Some would close up, others would simply move. What, do you actually believe the wealthy would just sit still and agree to lose 2% of their wealth every year without taking steps to avoid it as much as possible? It is to laugh politely, then return to adult conversation.Like fuck they are going to just close shop because of it. Your a fucking moron."Wouldn't even notice it"? Get real, they didn't get rich by ignoring things like a 2% reduction in net worth. They would not only notice it, they would immediately make it disappear, along with the jobs they create and the money they spend in this country. They can afford to hire the armies of tax attorneys all the rich liberals use to avoid taxes while complaining they don't pay enough.A wealth tax would raise 4.35 TRILLION over a ten year period and the uber-wealthy wouldn't even notice it.
Great idea - DO IT!
Former Democratic presidential candidates Sen. Bernie Sanders, I-Vt., and Sen. Elizabeth Warren, D-Mass., have proposed progressive annual wealth taxes. Warren’s proposal would enact a wealth tax with a rate of 2 percent per year on net worth between $50 million and $1 billion and 6 percent per...www.aei.org
- In 2017, the top 50 percent of all taxpayers paid 97 percent of all individual income taxes, while the bottom 50 percent paid the remaining 3 percent.
- The top 1 percent paid a greater share of individual income taxes (38.5 percent) than the bottom 90 percent combined (29.9 percent).
The top 1 percent of taxpayers pay a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent).
Just how much is a "fair" share? Sounds like they are already paying overwhelmingly the most. Maybe we should focus on getting more people paying more taxes, then less people paying more.....that would seem fair.