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PowerStroker


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The billionaires (your gods) are talking, you should listen.
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Billionaires to Trump and other 2020 candidates: Please tax us

Maggie Fitzgerald https://www.msn.com/en-us/money/markets/billionaires-to-trump-and-other-2020-candidates-please-tax-us/ar-AADlK8D?li=BBnbfcL

Nineteen billionaires including George Soros, Abigail Disney, Chris Hughes and members of the Pritzker family released a bipartisan letter on Monday asking the 2020 presidential candidates to support a tax on the American families with the largest fortunes.

"The next dollar of new tax revenue should come from the most financially fortunate, not from middle-income and lower-income Americans," the letter, first reported by the New York Times, said.

A tax on America's wealthiest has been at the forefront of the 2020 election stage. Presidential hopefuls Senator Elizabeth Warren, Senator Bernie Sanders, Mayor Pete Buttigieg and Representative Beto O'Rourke and more have come out in support of a tax on the wealthiest Americans.

Earlier this year, presidential candidate and Senator Elizabeth Warren proposed a "wealth tax" on Americans with more than $50 million in assets. Warren's proposal calls for a tax of 2% on wealth over $50 million and 3% on wealth over $1 billion. The proposal is estimated to generate nearly $3 trillion in tax revenue in the next decade.

The billionaire studded letter supports a moderate wealth tax on the richest 1/10 of the richest 1% of Americans.

The letter said a wealth tax is a powerful tool for solving the current climate crisis, another issue that has garnered a lot of attention in the 2020 race. It also said the tax could grow the economy and help improve public health.

"This revenue could substantially fund the cost of smart investments in our future, like clean energy innovation to mitigate climate change, universal child care, student loan debt relief, infrastructure modernization, tax credits for low-income families, public health solutions, and other vital needs," the letter said.

The letter also calls a wealth tax "fair," "patriotic" and something that "strengthens American freedom and democracy."

In addition to the many billionaires that signed the letter, a CNBC survey this monthshowed that most millionaires also support a tax on wealth above $50 million. Fully 60% of millionaires support Warren's plan for taxing the wealth of those who have more than $50 million in assets, the survey showed.



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SELLC


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As soon as I seen the name George Soros I knew instantly it was a bad idea.

So you can wrap your mind around it, once I heard the name Soros you might as well said "Nineteen world leaders including Hitler support a new tax", because that's about the same feeling of disgust and angest whenever I hear that name.

Sorry, but that's not my God! But you should seek help if you really do feel they are!



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SELLC


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There is a new tax here in Michigan, it's called "Car insurance" and it's mandated by the state if you want to drive. We're talking small house payment money here with a large family of drivers! 

So it's nice to know that your people are so anxious to give back all the money they are taking from me!

I am not in the $50 million tax bracket, although I love how the article only references Pocahontas towards the end, it would almost trick the casual reader into thinking it included people like Warren Buffet! LOL, had to do a double take there.



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Rastus


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The tax is a great, & fair idea, though it should be applied to present-time incoming wealth, & NOT on wealth already established...That would be "double-dipping"...

Money is only a small part of the solution to man-made climate change IMO. People as a whole need to adjust their-own living practices to help here...And then adjust the temperature of the Sun....

The "Atomic Scientist" has revealed that the US-of-A defense department alone, produces more climate changing pollution than some countries in Europe, such as Sweden & Denmark...

Nuclear power is NOT the answer. It's been proven via "Fairewinds" that it offers NO advantage or concession in carbon emissions. And as we all know, it leaves a hell-of-a-lot of shyte for millions of years that US-of-A tax-payers must continue to both fund & monitor for eternity...

No nuclear facility world-wide is insured against disaster. Insurance companies will not provide any coverage...Disasters here are covered by the tax-payers...

Nukes are NOT a good idea, though taxing the income of the super wealthy a little more will help in many areas, as long as it's spent wisely...

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PowerStroker


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Soros is only one of the signatories Rex, it's a bipartisan letter.

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Nuffan


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PowerStroker wrote:

Soros is only one of the signatories Rex, it's a bipartisan letter.

 

Bipartisan my ass...

 

All the things they claim they would use the money for is LEFT WING NONSENSE...

 

And now they are already showing what they really want...

 

not to just tax Income...

 

but WEALTH...they want to tax money from your past that you have already paid taxes on...

 

That is a left wing wet dream....

 

Nothing bi-partisan at all in that letter...

 



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Nuffan


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Rastus wrote:

The tax is a great, & fair idea, though it should be applied to present-time incoming wealth, & NOT on wealth already established...That would be "double-dipping"...

Money is only a small part of the solution to man-made climate change IMO. People as a whole need to adjust their-own living practices to help here...And then adjust the temperature of the Sun....

The "Atomic Scientist" has revealed that the US-of-A defense department alone, produces more climate changing pollution than some countries in Europe, such as Sweden & Denmark...

Nuclear power is NOT the answer. It's been proven via "Fairewinds" that it offers NO advantage or concession in carbon emissions. And as we all know, it leaves a hell-of-a-lot of shyte for millions of years that US-of-A tax-payers must continue to both fund & monitor for eternity...

No nuclear facility world-wide is insured against disaster. Insurance companies will not provide any coverage...Disasters here are covered by the tax-payers...

Nukes are NOT a good idea, though taxing the income of the super wealthy a little more will help in many areas, as long as it's spent wisely...

Glad to see someone from the left at least acknowledge that taxes should only be applied to current earnings...(see bold above)

 

          As to your comments on nuclear...Nuclear power is not something to fear...the only fear with it is scale...

 

         We can use very small reactions to generate enormous amounts of energy...and with virtually no carbon foot print...

 

         We could replace all energy produce via nuclear power with an alternative to nuclear, but it will raise our carbon footprint...

 

         We can certainly use more renewable sources, but not at government cost...it like anything else is something that should be done in the free market and the government needs to stay the hell out of it.

 

         We do need people to stop spreading misinformation from both sides of the argument...people heavily invested in fossil fuels go to far to try and protect their side.

 

         People on the opposite side are just as guilty of doing the same...

 

         Wind Turbines for example...under current technology we generate more carbon to create the structure than it will save across a lifetime of use...

 

        While they go a long way they do not produce huge outputs of energy...

 

        Your points in other threads about the testing done trying to weaponize the technology are solid....

 

        but you over fear it...you should take some time and read about the things Taylor Wilson has been doing...

 

        He is approaching it from a different angle and using the current waste we have an abundance of to be used as fuel...

 

        Similar to how we made gasoline a useful commodity, which early on it was a waste byproduct  from refining crude oil.

 

       Can you imagine how much explosive gasoline we would have stored all over the planet if the combustion engine had never been created?

 

       While I do not have all the answers....I can promise you the government does not either...difference is...I am not asking for your money the way they are...

 

       And a model that forces the successful to pay the freight for the unsuccessful is a dangerous model.

       

        

 

 

 

 



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