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This is absolutely fucking insane. If you have $50 million sitting in investments, the government is now going to force you to to sell at least $1 million of it every year. The implications this will have on stocks, bonds, and the broader economy are disastrous and these deranged commies are actively working towards destroying our country. Fuck this shit, and if you ever vote for a democrat you're a traitor to America.
>>29986418good, fuck them
Its funny that you care so much about and lobby for the top 1% because I assure you they don't give a single shit about you, bootlicking fag
>if you have 50millionNot affecting me, don’t care
>>29986494>>29986597>>29986641It's going to cause a global market crash the likes of which we've never seen before you dumb fucking redditors.
Oh no I have a 50 million dollars tjat are mostly disposable to me, yet I dont want to give it to /biz/ neetsKys faggot. Time for the uber rich to pay up for once rather than print money all day
It should be fifty cents and it should start at 10 million.
>>29986659Is that supposed to be a bad thing? Bring down this clown economy with no survivors
>>29986494What happens when the revenue they gain from this isnt enough?
>>29986597most ppl on this board with brain cells will become the 1% once the current top ages out and dies
How is this woman still being elected?
>>29986665>thinking the corrupt, wasteful, bloated, and incompetent government needs every more fucking tax revenueJill yourself socialist kike
>>29986418>#BuildBackBetterThis is the official name for The Great Reset
>>29986418Nooo not the heckin billionaires running the country to the ground and flooding it with cheap labor
>>29986418Id never thought I'd be saying this...thank god for president Biden
>>29986659Take your meds
>>29986418Those billionaires and millionaires that publicly supported and funded the Democratic campaign got what they deserve. Pay up faggots.
>>29986418>we're gonna steal money from successful people to pay for our incompetence so that the next Capitol siege won't see us hanging from the trees
>>29986659Good lmao. Fuck this nigger and kike run system. Why do you want to preserve a system so bad in which 90% of citizens cant even afford to own the property on which they live? Its almost like you enjoy being a feudal serf lmfao. Wake up boomer, its not the 1950s anymore, our world is broken. BTW they printed 9 trillion dollars last year and gave most of it to banks. Its okay, the fuckers can afford to give some back to the citizens too. Again, bootlicking fag.
>>29986771You retard, the government literally just prints the money it needs to spend. Taxes aren't for revenue, they're for removing supply, like token burns in crypto.
>>29986418I think that is a good idea but it needa modificationHow about a 100% wealth tax on anyone with more than 50 million Jewish cells in their body
When did /biz/ become this smoothbrained? Do you faggots not understand that government mandated mass selloffs of all assets is going to destroy the value of everything in the economy?
>>29986418imagine being a burger
>>29986418Good, tax the rich
I see.no problem with this. 50 million would be enough for me and my descendants 10 generations down assuming we never replaced the money we spent.
>>29986418she says >two-cent wealth taxand you seem to read it as>2%Without reading an article, is it a 2% wealth tax?Also, why is it bad if capitalists burn a little?
>>29986418Rich people never pay taxes. They did this shit in the early 19th century and everyone just slushed their funds through corps to avoid it as "wealth" during 90% effective tax rates.
>>29986418Wow, so the billionaires will continue to use the offshore system and pay nothing while the serfs will be kept down. Brilliant idea.
>>29986494>>29986597>>29986641>>29986665>>29986696>>29986710>>29986714All of you need to go back. What the fuck is wrong with you retards
>>29986418>This is absolutely fucking insane>the government is about to fuck youbuy a boat,renounce U.S. serfdommove to international waters????PROFIT
>>29986665Kek, the number of times this exact sentiment has echoed impotently throughout history, yet the plebs are still plebs.
>>29986796This.These (((buildbackbetter))) cunts need hanging from the nearest lamp post.
>>29986418Those with net worths over $50 million won't pay. They will leave the country like they did in France under President Hollande a few years ago when they tried something similar, or find a Jewish accountant who can launder their money. That means the burden for their satanic globohomo agenda will fall onto the middle class, which was their main target for destruction all along.
>>29986710mfw anon needs tendies after the crash and has no mercs
>>29986418The rich keep absorbing more and more money. I approve of this.
Yeah this is poorly thought out. So if you own a business worth 50 million, you have to pay taxes on that unrealized valuation?
>>29986771Yes you fucking dumbfuck the top 1% have 95% of the wealth yet cry about losing their money because the federal debt bubble popped because (((they))) dont pay their fair share.Fuck off republidumb coroporate cocksucking faggot.
>>29986418Based Poca Hontas
>>29986977They might not be newfags they have a point However I doubt this bill is actually going to fix anything.Money hoarded and removed from local economies is a negative thing though for the middle class
>>29986418oh no, my pearls........ you and every other fag on this board will NEVER have $50,000,000 sitting in an account.
>>29987053>middle class>having $50 million sitting in investments,
>>29986659>implying that would be a bad thing
>>29986659Fake and gay.
>>29986597This actually fucks w me. Thanks, wasn’t on my radar. Prob won’t pass
>>29986418I voted Democrat to piss bootlickers like you off
>>29986597It's funny that you care so much about and lobby against the people that pay everyone's paycheck.
thats not how it works. if you have $50 million invested you pay zero in the proposed wealth tax. Only weatlh above $50 million gets taxed with 2%.
>>29987164>implying they won't just write new laws to go after the new 1% after the old 1% fucks off with all their moneysomeone's gotta pay for this green new deal anon
>>29987164Nigger did you read what I said? The rich won't pay. This shit has already been tried in France, and the mega rich just set up camp in Switzerland, Belgium, Luxembourg or Monaco.
>>29986933>I see.no problem with this. 1.6 million would be enough for me and my descendants 10 generations down assuming we never replaced the money we spent t. 1910s era you, four generations ago, and I hope you didn't have that money in something the government could impound.And if shit gets real bad, 50 million is a loaf of bread in 2060.
>>29986659Cool, I gotta buy more BTC
The rich people cocksucking I see in this board is depressing. Fucking retards browsing /biz thinking they gonna be like them someday. Fucking morons the lot of you.
>>29986597Think about what happens when Hyper inflation makes us all millionaires you retard.
>we all need to do our part>we are including all households with a $1m networth>the elderly will need to reverse mortgage their home to pay our yearly tax
>>29986977The average interest rate on a savings account in the USA is 0.05%. Do you realize we are literally enslaved? You are literally like the serfs in post-serfdom Russia who chose to stay with their lords despite being free because you are too narrowminded and weak to imagine any other type of world for yourself.>yeah, everything sucks now, but if we try to better things then they could end up even worse, so lets just stay slaves to our jewish overlords, maybe they're not so bad after all guys haha
>>29987132>Investment>Money hoardingWhat the fuck are you doing on this board, faggot?
>>29987238>haha i voted for the people who want me broke and enslaved to the state for teh lulzbig brain desu
>>29986659You dumb fuck, it’s good for the stock market, because all those rich Jews needs to take more risk and look for yields instead of cash on the bank doing nothing, and the best way to do it is buying stock
>>29987275That's magaboomers for you.Billionaires will suck up all their wealth and boomers will clap and tip them for the privilege.
>have $50m>buy 1$m worth of some low yield safe thing jan, sell it eoy when this tax hits, netting the IRS nothing because you made fuck all from it>repeat every yearyes I am jewish
>>29987268What does it have to do with the middle class?
>>29987275give me your crypto. I'll give you a 5% return every year ;)
>>29986944No, she's going to tax people with net worths of $50 million and above two cents each.
>>29986418>disastrousshut the fuck up. pay up you little bitch. you cant live in America rent free.
>>29986418Well i agree it would be absolutely disastrous, but mainly because the system is out of control for far too long already. Should have been implemented from the start.
Okay, just looked it up - it's only taxing on money beyond $50mil
>>29986418just ask israel for the money.
>>29986927>votes democrat>shorts the stock market>economy crashes from socialist lawsaaaaah. The high life. Well...unless I get taxed after shorting.
>>29986418NOOOOOOOOOOOOOO, NOT THE SUPER RICH!
>>29986494Based fucking retard lmao
>>29986904In the last few years it got flooded by economically illiterate shitcoiners and redditors.It's hilarious seeing them moan about how taxes are good because rich bad.
such bullshit how am i supposed to make it out of 9 figure hell now I just want that sweet billion boys
>>29987511lmao. the rich are going to go full privacy coin before the wagies do.
>>29987407Nobody has $50 million in cash sitting in a bank. Most billionaires' net worth it purely on paper and this will destroy the stock market by forcing massive sell offs to pay the tax. It's literally a transfer of wealth from private enterprise to commie government programs subsidizing niggers and immigrants. Why is that so difficult to understand?
>>29986659Good. Accelerate. Die
>>29986418Be prepared for unprecedented levels of offshoring and "alternative investment" fuckery to come from the 1%.The wealthy will never allow this to come to be - and they'll happily move their funds to a third world tax haven to ensure they never have to deal with it.
>>29986944Two cents is two percent of a dollar
>>29987248Well maybe they shouldn't make those paychecks equivalent to warm shit. It's much better to be homeless than a wagecuck in the modern world.
>>29987511How will they calculate the value of fine art? Oh sorry my appraiser just revalued this 20m painting to 500k.
>>29987511Leaf here, I feel conflicted. On the one hand I hate governments but on the other, ultra rich people shouldn't exist in the first place. Are they going to make the middle class and below pay less taxes? Or are they just going to get more money for themselves and do god knows what with it?
>>29986418NOOOOOO DONT TAX THE HECKIN BILLIONAIRERINOS I MIGHT BECOME ONE ONE DAY THROUGH SELLINGMY POKÉMON CARDS!!if you weren’t born into a millionaire family the chances you will ever become a billionaire are slimmer than getting hit by lightning multiple times. That’s loser mentality
>>29986659and this is bad how?the boomer ponzi needs to burst. perhaps they'll grow up and buy crypto, once they pay the price of their complacency
>>29986944Because every tax season a bunch of Johns with 50+ million net worth will rugpull you from the shitcoin or shitstock you own so he can pay this garbage tax you dumb nigger.
>>29986597get a fucking job you dumb nigger
>>29986418Bullish for monero
Bullish.Means money will flow to crypto.
>>29987624They have liquidity. Don't act like they won't be able to prepare for it and at some date they'll have to sell for 1 million dollars at once. It's just a bit more of sell force during a year
>the government forcing people to sell their assets is a good thing>no of course millionaires being forced to sell their assets wouldn't affect any of my investments, what are you talking aboutAre you retards serious with this shit?
>two centsShe means 2 percent, and she's straight up lying in her speech to make her shitty policy seem more palatable. How could you ever believe you're on the right side when they're never forthright about what they're trying to accomplish? It was simple with Trump. "Build the wall", "cut taxes", no word mincing about it you either agree or don't, but these vermin always dress their initiatives up in misleading language because they know it's thievery.
>>29987758If this shit ever passes (not likely, but this is clown world after all), it will take less than a few years for them to adjust the threshold down to 500k or so to make sure that no more goyim claw their way out of the middle class. Meanwhile, jew york boutique firms will have a field day charging their clients to develop strategies to dodge the tax faster than neo in the fucking matrix
A lot of people in this thread need to be thrown off a Helicopter
>>29986418why are boomers still allowed to make decisions?
>>29986494Based. Idgaf about ultra rich people. Inb4> “rich people will leave the US”No they won’t. They can already save TONS of money by moving to tax havens as it is. But most of them don’t. My country has far higher tax rates than the US and the vast majority of very rich people never leave.
Why do Democrats pretend to stand for the little guy while they tax the shit out of everything and raise the barrier of entry for investing?Why are women allowed to run for office?
>>29988018GME was a mistake.
>>29986418How has increased government spending “increased opportunities” in any American market? The bigger the federal government the worse America has become and the only solution these morons can come up with ... is to keep doing the same thing but bigger this time? Boomer siege 2 when?
>>29987927no it's not you fucking retard
>people with incomprehensible wealth have to put that money back into the economy instead of holding onto it and inflating the dollar furtherHow is that a bad thing?
>>29987956I guarantee you that Jeff Bezos does not have $5 billion in cash that he can hand over to the government every single year. That $5 billion is going to come in the form of forced sell offs of amazon stock. Now imagine that happening across the board in every sector of the stock and bond markets every single year.
>>29986418>If you have $50 millionaccumulating wealth above 10mm (adjusted for inflation) is excessive, i support this taxbut then again, today it's 50, tomorrow might be 10 and eventually when 50mm is not worth shit anymore this thing can just stay in place and start hurting normal people so there are dangers
>>29986659You don’t understand basic economics/ finance lmao
>>29986418Oh god no, how will the 50+millionaires ever manage to survive?
>>29988128Do you have any investments whatsoever?
>>29988101>inflates the money supply so that the average home is worth 50 million dollarsHeh. Nothin' personal goy.
>>29987624it's not even a problem you make money both ways.ride the wave down with bobo in a 10 year deleveraging cycle. that might spur real growth at the end of it.i think if it were done with some real conviction like austerity and simultaneously reducing welfare payments... good things might happen at the end of the tunnel. All those zombie companies that needed to die in 1999 and 2008, finally washed out. New opportunities. I and others might die of starvation in the process but it's better than what is here now.
>>29988131>50 million dollarydoos>"the little guy"
>>29987275don't you know anon, i'm only one (1) 10x away!
>>29988101>only tax rich peopleyeah I can't wait to see what america looks like when all the rich people leave. Oh wait, isn't that India? Yeah I can't wait to be India.
>>29986494>>29986597>>29986641>starbucks marxists browsing a board dedicated to pure speculative capitalism and investingHAHAH pottery
>>29988212They'll just dump their capital into a nation with less restrictions.Like China or some Arab country.Dumbass.
>>29988282The economy will never return to growth again if the commies actually manage take over.
>>29987471because they only people's money they can get at are middle class types who can't into tax havens
>>29988309I can tell you aren't american. Here 50 Million is NOTHING now, you can thank democrats for that
>>29986418Why $50 million? Is it because most of the people if not all lawmakers are below this mark? The people with $51 million would be smart to buy crypto or leave their US citizenship behind.
>>29986641Do you work? Yes? You're fucked.
>>29988309>trust me, this tax is only going to be applied to millionaires off in the sky!>It will never make its way around to you :)
Most people with over 50 million are on board with this.
>>29986418$0.02 doesn't sound so bad.
Biden would never sign this, thankfully. Increase (realized) capital gains on the ultra rich if anything. The net worth tax idea or the unrealized gain tax idea would completely fuck up the market.
>>29986418bullish for xmr
>>29986977You have the soul of a slave. It is fucking disgusting.
>>29988336I have no idea what it would look like, I don't think someone needs 0 tax over $50 mil to be a good CEO or land owner.But people can also pull a Schiff and go to one of those US territories
>>29986659Just buy puts so.
>>29986977> Hand rubbing intensifies
>>29988254Homes aren't overpriced because of inflation. The rich people you want to protect fix prices to maintain the renter class, and they can and will do this regardless of the relative value of the dollar.
>>29988367Can't into tax havens, can't into creative accounting. The tax code is deliberately complex and laden with deductions for a reason, this is how rich people (and they're all in on it) reduce their burden to nothing, while middle class schmucks see the full hit of that 25-40% total every year."Progressives" are really just an unholy alliance between the welfare/poor class and the rich. Everybody else is stuck in between, getting misled and confused.
>>29987850Yeah this really doesn't incentive long term position holds which would be better for everyone
>>29986418I’m not in the 50mil category and they can afford it. A paltry 4% return on 50mill is already 2million a year.
>>29988412Because they know their future is either this or the guillotine.
Socialists in America won't stop until you stop them.
ITT a bunch of retarded salty commie cucks. Go back to plebbit pieces of shit
Don't most of these people have their money in all sorts of different places? Like 100 different businesses? That would prevent them from looking like they have more than 50mil.
>>29986418So they'll incorporate since this is for individuals and the US government will then seize corporations? Is there an actual point here?
>>29986863t. Jew lover
>>29988412>>29988564Nah, it's because they aren't going to have to pay it, and have been assured of that by the politicians in the back room. Every time a consortium of billionaires cheers on taxes that will be allegedly levied on them, you should take that as a cue to step back and ask yourself why. These are men who ruthlessly amassed massive fortunes without willingly giving up a single cent.
>>29988563What happens to your portfolio when a bunch of millionaires start selling off aasets to pay their wealth taxes?
>>29986418If you already have 50 mil then you'll make back that 1 million in no time.
>>29988354The real economy not growing is the root of all problems. Here's a stat - it roughly $12 in debt to generate $1 of economic growth. All the recent past has been grown on DEBT.It's not a right vs left thing it's been trending down since the Bush years. The economy hasn't been growing for a long, long time and Trump didn't do anything to reverse it with the four years he had.Popping the bubble, but also reforming the welfare state is what's needed. There hasn't been a proper bust cycle since Alan Greenspan started the pumping nonsense.
>>29987624As much as I hate the fed, I hate multimillion/billion yuppie cunts more and I'm not likely to hold 8 figures at a time anyway. If they want to avoid the tax, they can buy more shit and stimulate the economy that way.
>>29986494Kill yourself communist. seriously. No one in your life has ever or will ever care about you or enjoy being in your presence.
>>29986881Based and educated pilled. Governments / money printers don’t use standard double entry accounting. Books don’t have to be balanced. Taxes are quite literally a burn wallet
>>29986418why does she talk like she's addressing a room full of pre-schoolers? she looks quite adult in that picture
>>29988336>I can't wait to see what America looks like when all the jews leave Me either
>>29986418won't somebody please think of the people with 50 million USD in investments
>>29988758fuck off you jewish shill.
>>29986418>hey maaaaan>the problem is the gubment maaan>gubment is bloated maaaaaan, they'll totally just waste your taxes bro>dude, you know there was no income tax in the 1960s bro?You will be quartered, salted, canned and sent to feed Africa together with those ultra rich fags who dont give a shit about you
>>29986418who needs 50 millon in assets? anything beyond 10 million is beyond greed
>>29988564Your fat larping communist shitskin ass will do nothing. Except maybe flip burgers you wagie fuck
>>29986418But wealthy people don't own shit or pay taxes.....that's the whole point.Do you think bezos has a few billion in cold hard just laying about in bank accounts?Or he has all his shares in his personal name?All of the wealth this clown is talking about is locked up in tax effective vehicles.Fuck these people are dumb.
>>29988735nice projection, internet tough guy
>>29988604yeah but one jewish step leads to another jewish stepthey're coming for them
FUCK I'LL ONLY BE WORTH $49 MILLION AFTER THISI AM FINANCIALLY RUINED
>>29986494basedCry me a fucking river 7 figure faggots
>>29988340They're from reddit they've been here since the election shilling for Bidden.
>>29988757>thinking jews flooding europe will change anythingthey will still have power over you, goyim. This isn't an internet tax. You will be poor still.
>>29988751Because leftists have the intellect of a 5 year old.
>>29988726THATS NOT HOW IT WORKS YOU FUCKING RETARDJEFF BEZOS DOESN'T KEEP BILLIONS OF DOLLARS UNDER HIS FUCKING MATTRESS
>>29988697If you already have $50 then you'll make back that $1 in no timepic rel its you
>>29988800Yeah you and your gang of niggers, single moms, trannies, and people whining about hate speech on tiktok frighten me
>>29986418All you had to do was vote for the orange man, stop complaining about the grave, you chose it why complain now.
>>29988340>muh marksists!!you must be 18 or older to use this site
>>29988820Lmao "internet thought guy" you wouldn't be the first shitskin I've killed. Hopefully not the last either.
>>29986659>noooooooooo my heckin fiat jew scamarinooooo
>>29986710This. Let them eat each other.
>>29988939send your location. I feel like bashing someones skull in tonight
>be Zuckerberg>wealth is made up of majority share in my company>forced to sell 2% of my company every year just to pay taxesNo single person will own the majority of a major corporation ever again?
>>29988726how do you hate millionaires more than the fed?the fed causes every last problem we have anon
>>29987684if they leave, goodif they start evading taxes, throw them in prisonthis isn't rocket science
>>29986659I wonder who could be behind this post?
>>29986868>bootlickingIt's weird how only communists use this phrase lol.
>>29986849what companies will be getting this tax money idiot? it aint Wayne's Marine Repair on the corner of jacksons and 5th...
I'd be fine with a smaller percentage, but 2% basically means that the wealthy will never beat inflation unless they invest in riskier assets.
>>29988402>Social SecurityFuck boomers
>>29988913Not the same you fucking retard. That 49 mil is enough to live lavishly for years. A dollar off 50 bucks matters a bit more.
IT IS MY GOD GIVEN RIGHT TO BECOME FILTHY RICH AND OWN MORE MONEY THAN I CAN EVER SPEND WHILE EVERYONE ELSE LIVES LIKE PIGS
>>29986881Based and MMT-pilled.>>29987053Your tax obligations to the US don't stop just because you move. The US pursues taxes from individuals abroad. You'd have to go to one of the handful of shitty nations that don't cooperate with the US, or Puerto Rico.The US is so good to rich people in other ways that I don't think many would leave.
>>29986904Good, burn it down so I can get in early on the new economy
>>29986659Because a couple of Richfags pay a little more? Do you realize how few people on earth have more than $50million? How very LITTLE they impact the world? Get warren buffets dusty old balls out of your mouth
>>29989019Blows my mind, reveals how insane and contradictory they are. You advocate for the total state seizure of the country and anybody else is a bootlicker.. lmao.
>>29987592>wants to become rich>not rich now>thinks taxes on rich are good even though they're always creative with the definition and apply it so it mostly fucks the middle class>if somehow rich in the future will cry bitch tears about taxesPottery
>>29988895So he sells a bunch of stock and lowers the price of a lot of things to the point where other people can buy in again if they want to later. Even if the market crashes to death people will just move onto crypto for investing in their retirements. Sounds pretty comfy to me.
>>29989014this is /biz/. 99.99% rely on the market doing well. Of course we would be concerned about our money being worth $0.
>>29987758Increased tax revenue is going straight back to them. Government has never successfully taxed the rich.
>>29988929I guarantee I've read more Marx and Trotsky than you pseud lol
>>29988206So amazon will become an us gov own company. Who cares
>>29989019It's because commies have produced nothing of value in their entire lives. It's an ideology for the retarded, invalids, and other societal cancers
>>29989048They pitch it like it's not another welfare program when it's really just a massive slush fund where the top 50% of contributors will never see half of what they paid into it and the rest are getting handouts. The worst part about taxes is how you don't get an itemized list of how your money was spent, they just tell you what you're going to get in return..eventually.
>>29988206>well-performing companies have their stock dip because of forced sell offs>dips are immediately bought because they are well-performing companies, and it stabilizes within a matter of literal hours Faggot
>>29986641>not boiling yet don't caret. frog
>>29988689They already do that though >>29988868They already did that >>29988340How much in liquid assets above $50mil do you have senpai?
>>29989095>people with massive amounts of wealth>let's trust the federal Jew to FORCE transfer 2% or 8% of that every single year
>>29989019>>29989096if you advocate for people who own 50MM USD in investments, you're not only a bootlicker, you're just a straight up cuck
>>29988923Those people also vote. Quite easy to manipulate. And the number of degenerates will always outnumber /sig/anons. In this day and age, my moneys on the shitskins. I'll just run away to Israel. The wh*te male is quite frankly doomed. Paypack for all those BTFOds throughout previous centuries. And justice for all....
>>29986597This is very cringe
>>29988043Absolutely this.Canada has proposed the exact same thing but for families with over 20 million. That may seem super rich but when you consider the cost of living and real estate prices here it's really not. >Be family farm, same land for 200 years>Urbanites keep moving closer, developers eyeing your land>Now worth 22 million due to no fault of your own.>Government wants 1% a year/ 220k.>Its more than you make farmingSell the land, rich goy!
>>29989050jews are so spitefulwe will cleanse the evil from you
>>29986597Communism isn’t a solution to anything.You only create more poverty and misery. If you want to live in a commie shithole go to venezuela.
>>29986597imagine lobbying for the government to get more tax dollars to waste on blowing up brown children because you're jealous of other people's money
>>29988994It's not by much but I can see the fed not lasting as long as the current group of ultra rich. i\It's very possible a couple of them could effectively buy out the country by paying off its debt and we'll basically be living in Amazon warehouse pods.
>>29989241So you just hate anybody who has a few braincells and did some proper investments? Nameless faces of random successful peopel live rent-free in your head 24/7 and you think others are cucked LOL
>>29989307calling everything communism isn't an argument
Imagine cucking for some rich corporate Jews, fuck off, tax the rich they literally don’t need it the bunch of fucking scumbags
>>29989299Nice argument muttoid
>>29988412>it will surely come out of their pocket this time!!1!1!!Little babbys are so delusional. https://apnews.com/article/35f90ab8cb504922984a09aebae50ec2>Amazon made a big splash this week with its $15 an hour minimum wage announcement, but lost in the fine print: Existing warehouse workers will no longer receive stock in the company or collect bonuses.
>>29989366Imagine being such a retard you think they pay taxes
>>29989368anglo or jew, thensame argument
>>29989192All I know at 28 is I'm never going to see an SS check so I'm leaning on my investments and 401k HARD for retirement.All because dumbfucks couldn't buy fucking blue chip stocks back in the 70's and stashed their cash under the mattress.
>>29988494I'd rather be a slave to alien shape shifters wearing le jew meme masks than alien shape shifters posing as transvestite blackies
>>29989307Leftists are too retarded to understand this. They are just worthless charity cases. When the right finally starts doing a tax protest the left will starve in the street.
>>29986418This is bullish for crypto
>>29987511>Bezos would have to pay a wealth tax around 10 billion>top 10 richest people in america would have to pay roughly 65 billion>All billionaires in US would have to pay roughly 204 billionThat's more than an eighth of the US' entire discretionary budget. Sounds good to me, could do a lot of important shit with that money that drives the economy a lot more than paper stocks and bank accounts
>>29989366>Imagine cucking for some rich corporate Jews, fuck off, tax the rich they literally don’t need it the bunch of fucking scumbags
>>29986418pretty based, fuck rich people. even if I make it I won't be within 1/10th of that line.
>>29989414>don't try to tax them because they'll just avoid it somehowcan you be any more of a cuck
YOU WILL OWN NOTHING AND YOU WILL BE HAPPY
>>29989241This woman just lied about the amount of tax being levied in this very bill, and you think she really only meant people with a NW over $50M? You fucking retard
>>29989241>>29989366>he thinks the rich will pay>he thinks they won't come for the middle class afterwards>he thinks people are "bootlickers" for recognising that politicians are not going to fuck with the people that pay them
>>29986418Do it. We must accelerate.
>>29989414I’m a retard because I think rich people pay tax? How do you think I have a National health service bro? Of course rich people pay tax, many swindle the system, but the idea that no rich people pay tax is just as much bullshit as saying they all pay taxes
>>29988494sounds like something a jew would say
>>29989241>he believes politicians when they say wealth tax is just to make the rich pay their fair shareoh poor goyims will always goy
republicans have absolutely NO economic policies so I will continue to vote democrat unless proven otherwise
>>29989131>>29989098you must be 18 or older to use this site.
>>29986418Plebs need to get cash (helicopter money in the form of stimulus packages so far) so they can consoom otherwise the revenue of most businesses will vanish and line will go down.Fuck Wall Street, they can handle a little tax. I live in a country with VAT and I'm still alright and well. The billionaires didn't flee despite the constant FUD from our mainstream media.>>29986659Buy the dip faggot. If you can't handle the bear market profiling at the horizon, cash out and go to bed.
>>29989472Imagine admitting to yourself that you will never be worth 50 million and just quitting on your goals. But I guess Communists and other shitskins never had goals to start with. Fucking leeches
>>29989344Show me a single person on /biz/ that has anywhere near the requisite funds to worry about this. You won't.
>>29989057they could just renounce their citizenship and pay the 30% wealth tax>>29986977>if you disagree with me you must leave my echo chamber2015 era /pol/ newfag
>>29989100What part of "liquid assets greater than $50 million" applies to the middle class?>>29989414Then why do you care?>>29989440You would still get taxed on it
>>29989540well when she starts talking about taxing the middle class more, let me know. this particular proposal is a good one
HOW ARE THERE SO MANY ECONOMICALLY ILLITERATE RETARDS ON THIS BOARDHOW THE FUCK ARE YOU ON A BOARD FOR INVESTING YET YOU THINK THAT MILLIONAIRES ALL BEING FORCED TO SELL THEIR INVESTMENTS WONT FUCKING AFFECT YOUWHAT HAPPENS TO YOUR FUCKING SHITCOIN WHEN EVERYONE SELLS IT? DO YOU LOSE MONEY OR DO YOU GAIN MONEY?WHAT HAPPENS WHEN ELON MUSK IS FORCED TO SELL WHATEVER GARBAGE HE SHILLS ON TWITTER? DOES THE PRICE MAGICALLY STAY THE SAME OR DOES A SUDDEN LARGE DUMP CAUSE A CRASH?I KNOW A LOT OF FAGGOTS ARE REDDIT REFUGEES SO YOU PROBABLY BOUGHT DOGE BECAUSE LE EPIC WHOLESAME CHUNGUS ELON MUSK TOLD YOU TOGUESS YOU FUCKING REDDITOR FAGGOTS DOGECOIN IS NOW WORTH $0 BECAUSE THE GOVERNMENT FORCED EVERYONE TO FUCKING SELL IT AND CAUSED A CRASH AND NOW YOU'RE MAKING A FUCKING POST ON /R/COMMUNISM ABOUT HOW THE RICH CAPITALISTS CAUSED YOU TO LOSE ALL YOUR MONEY
>>29989622go back to discord tranny
>>29989578Wait, so rich people are paying for the national health service?? Why is your country in massive debt then?
>>29989512This is just a theatre for your kind of people.
>>29986494yep, you get what you vote for. if i could, I would short america for the next 20 years, 50 years tops.
>>29986418Senator Shitting Bull. Ignore this cunt. She is too incompetent to get anything passed.
>>29989608t. Shaniqua Jackson, single mommy of 5
>>29988524>fix pricesmeanwhile foreign investors regularly buy residential american homes at 120% asking price sight unseen. where does the price fixing fit in this puzzle?
>>29989717I'm longing china x50
>>29989669Because the market crashes regardless you cuck. Were you alive in 2007-2008?
>>29989669I miss libertarian 4chan, it was good...
>>29989669Uh I buy the dip retard, what happens to you?
>>29989669shut up retard.rich people sell their investments every fucking day. this won't change anythingand you say "millionaires" when this is specifically about people with 50MM+, which is an entirely different class than just millionaires. kys, cuck
>>29989717oh shit, I misinterpreted your post. buddy, it's this shit that is going to destroy you. You won't be part of the inner club. You won't have the voice you think you will have. You will be another cog, worse than what you are know. You will never be free. This is how the American hegemony dies.
>>29989472>>29989414System cucks, let’s let the elite suck me dry and kick off when people try to tax them, absolute spineless wankers
>>29986659Holy fuck you're dumb
>>29989747I'm pretty sure she's just a stage prop to make the neoliberals look tame and rational in comparison
>>29988531isn't it nuts that crypto could automate away the entire tax indus
>>29989769yeah buy the dip with your zimbabwe money!
>>29989669Cash out if you are so worried about the impeding crash instead of whining like a faggot on a Bhutanese coffee trading forum
>>29987275Your hatred of rich people is an admission that you will never be rich yourself
>>29989768Sorry man, we all grew up
OH NO NOT MY MILLIONAREINOS
>>29989636I think almost everyone in the world is pretty realistic and accept the fact that they won’t make 50million. But I mean, you can keep trying but the the odds are heavily stacked against you. But sure, keep opposing regulations that would help you to ensure that someday, maybe, in an extremely unlikely scenario that it could affect you. How close to 50mil are ya?
>>29986597oh fuck off you stupid fucking moron. You think the political class gives a fuck about you buddy?
>>29989768there's plenty of lolbertarian echo chambers for you to rot your brain in elsewhere.
>>29989786You're right, this will only change what country they keep and trade their investments in. I think its a great idea, as the end of the united faggots of niggeria is a good thing.
>>29989669Amen, but they will never learn. Just take care of yourself and your frens/family anon. God Bless.
>>29988128>$50 million>ultra richRetard zoomer commie confirmed. Kill yourself now.
>>29989691Who are we talking about when you say the rich?
>>29986597I don't care if they don't like me and I don't care if they go broke and die in a ditch tomorrow. What I do care about are these fucking pricks who get elected because of lobbying by foreign governments and then go power crazy fucking the country over. If I could snap a finger and erase every person employed by the federal government, illegal alien, and people that actually voted for Biden I would do it.
The Red Scare has been the best thing that has ever happened to rich people.
>>29989637>Show me a single person on /biz/ that has anywhere near the requisite funds to worry about this. Kek you haven't been around here very long have you? Also If you think they will stop at 50 million you are a class A retard. 90% of Candadian liberals support a 1% tax on people with over 16 million USD. They consume the same news and Hollywood garbage as your lefties.
>>29986418OHHHHH LINKKKKIEESSSSSSSSSSS>You've finally made it and you were planning to never sell>Proceeds to get the government to force you to sell
>>29989839Well I'm not putting it into bonds that's for sure
>>29986418Glad to see antisemitism making a reentry into the political spotlight.
>>29989856We're all going to be millionaires soon enough. Even you.
>>29989636I expect to be worth 50 million within the next 10 years and i'm not enough of a retarded piece of shit to think there is a single downside to this. they should increased it by an additional 0.5% for every subsequent $50 mil
>>29986418Holy fuck dude get over it. It's not that much and what good is your money if the country is crumbling and there is civil unrest?
>>29986418The "Pandemic Inequalities" were caused by her party. This pandemic has basically been one big scam to transfer wealth from small business to big business. Now they are wondering what happened?
>>29987275The only disgusting thing here are commie traitors like you.You’re the globohomo elites’ minions and you have the audacity of calling other people bootlickers. You’re supported by all the media, all the big corps, the police protects you, etc, etc yet you call average people “bootlickers”. Communism ALWAYS fails and will ALWAYS fail and yet you always think that this time it’s going to work. The only thing commie cucks like you generate is more poverty and misery.You’re a disgusting commie cuck. Go back to r*ddit.
>>29989004>put >the >rich>and >powerful>in>prisonDude. Grow up.
>>29989297Christ dude EXACTLY this. Stupid motherfucking rentfags don't understand what they are talking about.
>>29989912Point is all your services don't get paid by taxes. Developed socialist countries have such bloated services and such small economies that a 70% tax rate would not pay for 1/3 of a generation of benefits. Hence the debt spiraling, hyper inflation situation we live in.
Going to brutally frank with you OP.If your sitting on more than $50 million and you don't flip $1 million every year, what the fuck are you doing with your time and money.
>>29986659It won't. Rich people are very good at making sure the government gets the absolute minimum or less.
>>29989669You're an economic illiterate.This is why you're still here, you don't understand economics.
>>29986418>BuildBackBetterBuilt for Big Black Chimp-outs
>>29989945Could have just said no or not replied at all, you moron. Stop embarrassing yourself.
>>29989993>Just piss in my mouth all you want! I'm an open toilet for you! Please USE my body however you wish!
>>29989894t. $10k robinhood account
>>29986418Buy Gold and Silver
>>29986418Nah fuck you. Those pieces of shit should pay their fair wage asshole. You’re not a billionaire why the fuck you defending that greedy ass shit.
>>29989894>t. guy who has never seen 100k in his life, let alone 1 million, let alone 50 million
>>29986597>>29986494faggotsthe wealthy create jobs if yo tax them, they take the industry with themyou are just like niggers, you persecute those who make a place good to live and after they leave you wonder why it turns into a shithole, kill yourself
>>2998929720 million Can is too low.50 million USD while I'm never going to endorse that is high enough I personally wouldn't oppose it.It's going to force hedge funds.
>>29986418>2% wealth taxWe already have that, it's called inflation
>>29989839>zimbabwe moneyTake your medication
>>29986418>>29986659As if it's actually going to pass.Good god you people are such alarmists.
>rich people find loopholes to not pay their taxes anyway!>So we should never try to make them pay their taxeswtf is this logic
>>29986494>>29986597>>29986641>>29986659The income tax only applied to millionaires once too
>>29986418Linkies should pay attention to this, it'll fuck you over by the end of the year when LINK hits $1000.
>sit on my cash thinking bank deposit is the safe way, waste 5 years like that>realize how retarded I am and how I am missing on investments, deposit can't even cover mad printer inflation>decide to put some into crypto>next day btc crashes>ok maybe should diversify some into stocks>this thread before my IB deposit was even approvedYou know, I think I just needed to waste it all on hookers and cocaine when I was young, instead of hoarding like a moron. And now it will all just perish in hyperinflation. Life already gave me the lesson about greed when I was little, but I didn't take it seriously. Time to die.
>>29990143reddit and/or discord tranny
>>29986418itt: idiots who completely miss the point. The problem here is a government that's willing and able (allowed?) to arbitrarily decide that people have too much money, and that it needs to be redistributed to PoC. Read between the lines -- whenever you see 'inequality' 'fairness' 'opportunity for all' or similar; they are NOT TALKING ABOUT YOU: white, middle class people.Sure, right now this is just those 'poor heckin billionarinos', but do you think it won't trickle down to whack middle class white america? Shit like this is the opening salvo in the class warfare the left has been itching for since at least 1980. Basically anyone with the means will leave (or at least their assets will), and the gov't will ratchet up the confiscatory policies and target ever decreasing levels of wealth until the US is one seething morass of poor people. And all the while, they'll blame the collapse on white men.
>>29989766HAHA DUDE CHILL MARKET CRASHES HAVE HAPPENED BEFORE SO LETS JUST CAUSE ONE ON PURPOSE IF YOU'RE OK WITH LOSING YOUR MONEY THEN JUST FUCKING GIVE IT TO ME>>29989769YOU AND YOUR FRIENDS ON REDDIT USING YOUR FUCKING FUNKO POP MONEY TO "BUY THE DIP" WON'T STOP A FUCKING CRASH YOU RETARD>>29989786SHUT THE FUCK UP YOU RETARDED REDDITOR THATS NOT HOW THE ECONOMY FUCKING WORKS
>>29990000Quads of truth. We'll eat them alive when we're rich now. Bread is on the rise.
>>29990173The income tax used to not exist and only corporations were taxed. Democrats have been worsening the situation in America since they created their party.
>>29990170How about you fix that problem, dumbshit? Simplify the tax code. Why would we want to hand even more money over to a broken, wasteful system.
>>29990124>they take the industry with them NOT THE HECKIN HEDGERINOS Stop parroting retarded talking points you sound like a nitwit
It's above 50m so if you only had 50m you wouldn't have to pay any extra taxes. I'm sure this is only for individuals too and big investment firms with lobbying power won't be affected by this law. Anyone with over 50m is probably smart enough to avoid paying it too
>>29990269>someone who doesn't workYeah, I'm totally seeing your point. Go on and finish the sentence.
>>29990241>HAHA DUDE CHILL MARKET CRASHES HAVE HAPPENED BEFORE SO LETS JUST CAUSE ONE ON PURPOSEThat is what 2007 was you fucking moron lol. How is this any different?
>>29990130>that is high enough I personally wouldn't oppose itWhich is exactly why they started with that figure.
>>29986418>"I'm introducing a bill">INTRODUCING A BILLThis has no chance in hell of passing. Republicucks and centrist dems will block the fuck out of this.
>>29986597speak for yourself, nigger.
>>29990124>teh JOB CREATeerrss
>>29989100>we can’t tax the rich because I plan to own over $50 million in liquidity laterLmao got your degree right here
>>29990241>YOU AND YOUR FRIENDS ON REDDIT USING YOUR FUCKING FUNKO POP MONEY TO "BUY THE DIP" WON'T STOP A FUCKING CRASH YOU RETARDutterly retarded
>>29989057>The US is so good to rich people in other ways that I don't think many would leave.lol I'll be gone and citizenship renounced before I hit $2M.
>>29988976His wealth exists in no small part bc the government has pumped trillions of dollars of funny money into the stock market. They’re just decreasing the supply of funny money. If he wants to maintain his wealth he must remain productive and GROW. Poor people without assets get eaten by inflation. This makes the ultra wealthy who’ve been coddled by the government feel the effects of inflation
>>29986659and its going to be fucking beautiful
>>29990422nigga what is a centrist dem
>>29990370OK SOMETHING BAD HAPPENED BEFORE SO LETS DO IT AGAIN THATS A FUCKING GENIUS IDEA ANON IT WOULD SO FUCKING PLEASANT TO LIVE THROUGH ANOTHER FUCKING GREAT DEPRESSION
>>29986904You're me a few years ago. Take one more pill to realize the economy is already dead. 1/5 in the US isn't paying rent. Real unemployment is probably 30-40%. Stim checks will become universal basic income in a few years. Take your gibs, invest in crypto, prepare for the citadels
>>29990422you gotta see the frog boiling mentality at play here.20 years ago the concept of reparations was laughable10 years ago it was a pipe dream5 years ago it was unlikelynow? seriously being considered.
>>29990422I just can't even read the wording ->net worths above a million>just a few cents more>only billionairesHow do people eat shit like this? This is just as bad as the:>inflation is a sign of a healthy economyheadlines
>>29990486YOUR FUCKING FUNKO POPS ARE NOT A SUBSTITUTE FOR BILLIONS OF DOLLARS IN INVESTOR MONEY
>>29990317What this means is once you hit $50m you put the rest into overseas brokerage accounts with no tax on foreign income (Panama for example), or you create a non-profit organization or beneficial trust for yourself. People might start holding more physical gold at offshore banks like Switzerland or Singapore as well.Basically nobody will pay this tax unless they win the lottery or something and are temporarily worth more than $50m.
>>29990528So you're going to answer my question or just keep screaming in caps like an autistic retard?
>>29990471I replied to the wrong post and am the real clown
>>29990356>there was no industry in the US before billionaires existed I wish you knew how retarded you actually sound. I really don't give a fuck about whether the IB/PE and hedge fund industry take a hit.
>>29990392WE HAVE TO DEFEND PEOPLE WITH 50 MILLION DOLLARS, GUYS
>>29989669thisseeing all these dumbasses in this thread makes me sick
>>29990692What is your fucking question? That something bad happened before so you're asking why can't we do it again?
>>29990761>he doesn't have 50 mill yetyou had 12 years anon
>>29990392Sure but its not like anyone's done anything to oppose socialism globally so yeah.This is how people end up in this mess.
>>29990633>OMG THE SKY IS FALLING BECAUSE BILLIONAIRES HAVE TO PAY 4%Kill yourself
>>29990710>compares the present economy to the economy of america in its infancy based retard
>>29988735shut up jew
>>29990795suck more bezos cock, fag. he doesn't care about you. oh, and you'll never have 50 million USD in investments
>>29990269you’re a dumbassread basic economics you stupid fuck
>>29990828>billionaires>above 50 million on first round of implementation
>>29990761It's ironic, I'm a low tax guy personally but its hallerous to me that after the wealthy have watched the middle glass globally get ass hammered for years now they get a tax and its "omg end of the world guys".Should have stuck up for others when they had the chance.
>>29989636HOW CAN YOU COMMIE KEKS NOT SEE THAT THIS IS JUST AN EMBRYO?? HOW CAN YOU FUCKING RETARDS NOT UNDERSTAND THAT SOONER THAN LATER THEY WILL APPLY THE SAME SHIT TO PEOPLE WITH JUST 100K AND 500K IN ASSETS? ARE YOU SO FUCKING BRAIN DEAD THAT YOU CAN’T SEE ANYTHING BEYOND 5 MINUTES OF WHAT’S HAPPENING NOW?YOU USELESS SATANIC PIECES OF SHIT WILL DESTROY ANY HOPES OF SOCIAL MOBILITY FOR ANYONE WITH DRIVE JUST BECAUSE YOU’RE TOO LAZY TO DO IT YOURSELVES.COMMUNISM ALWAYS FAILS AND WILL ALWAYS FAIL BECAUSE IT DOESN’T FUCKING WORK.
>>29990370You idiot, we lucked out with brazil saves. You don't know shit.
>>29990840>things have magically changed such that if we don't suck billionaire cock 24/7 there will never be jobs in america ever again
>>29990840>thinks that America will collapse because of a 2% tax on net worth over $50million>thinks America collapsing is a bad thingcringe retard
>>29990828If you can't understand why rich people dumping all of their assets at the same time is a bad thing for your portfolio, you dont belong on this board.
>>29990952Dumb ass, the middle class globally is already decimated.You people sat on your hands too long.
>>29990952Chill brother, Allah is in control. May the wicked continue their error and burn in their own fire.
>>29986977>Black lives matter>On a fucking bomb>That is inevitably going to be dropped on middle eastern childrenI'm fucking dying
>>29990952>2% tax for anything past 50 million dollars>communismu mad
>>29991047With niggers jews and trannies too, all the fun atrocities you can do!
>>29990804Cool you can talk like a human being with an IQ of over 80. Just checking.Explain to me how this will affect a single thing when kikes playing shuffleboard with the economy will crash everything again in 15 years regardless?
>>29990915Show me the part about how a country collapses on itself if it doesn't have a bunch of kikes manipulating markets or if those same kikes have to pay between 2-4% tax on their assets above $50 million and $1 billion respectively
>>29990468No, it’s a useless parasitic shitskin like you that creates jobs, lol
>>29990903that’s all it’s about projection boy, you’re just envious of their success because you are a loser so you want to tax them for no reason, the same reason a feminist hates a young mother because she is a childless old bag. You’re very dumb, get educated you stupid fuck, it will be the death of you.give not incentive to do major business -> the businesses will relocated -> the economy will sufferyou are so fucking stupid you can’t see past your own envy and project it onto me. get a grip you dumb fuck
>>29986944>Also, why is it bad if capitalists burn a little?Because they have given us everything and anything that's good about life, whereas communists have never produced a single thing of use to anyone. People living under communism starve whereas under capitalism you either thrive or are taken care of using the massive surplus created by capitalism. This is supported by all empirical evidence but you don't need it, if you have even a resemblance of a brain you immediately understand what will be the consequence of communism just from reading a bit about it. It's elementary game theory, folks.
>>29991154kill yourself you stupid fuck, you’re dumber than a fucking ape, dyor
>>29991025>Implying this doesn't already happen >implying it won't get priced in >implying it fucking matters if the entire market crashes and the country collapses over night because we are already fucked beyond repair Yeah I think you need to go back faggot
>>29988524Serious question, have you ever had or fantasized about a homosexual or bisexual experience?
>>29991259you're not in a capitalist state anymore it's some weird debt fuelled corporate welfare hybrid along with welfare for a lot of people. it's a complete welfare state, the real economy is dead.
>>29990952ok well if they propose doing it for people with <$1MM in assets I will oppose it. until then, this current proposal for 50MM+ is a good one
>>29986418Don't care, kill the billionaires!
>>29989156You don't get it. The shares are sold on the open market. IPOs will be far less common and any company majority owned by a single person will start paying themselves massive salaries to cover the taxes on their wealth just to maintain their 50% ownership. A company being worth billions will be so rare, and a company worth a trillion of today's dollars will never happen again. What none of these fucking "poor billionaires" idiots get is that when hyperinflation happens, we will all be paying 2% of our wealth every single year. The politicians know it and you asked for this.
fuck commies, fuck trannies, fuck niggies and most of all FUCK you
>>29987251You must be a complete idiot. Fascinating.
>>29991432By then there will be 60 million new citizens from third world countries with 0 assets who will need gibs. It doesn't end until no one owns anything, and the government owns you.
>>29990962>brazil savesIs this some kins of /biz/ slangWtf is this nigger talking about
>>29991259 38-million Americans on food stamps According to the Census Bureau, an estimated 50% of the 330 million Americans get at least one federal benefit. An estimated 63 million get Social Security; 59.9 million get Medicare; 75 million get Medicaid; 5 million get housing subsidies, and 4 million get Veterans’ benefits.
>>29989208When bezos is forced to sell a literal $2b of his holdings to cover taxes or pay himself a $2b salary to maintain his holdings, what makes you think the price will hold?
>>29991013Move to Venezuela if you want to live in a shithole
>>29990810>you had 12 yearsUmmm no you didn't.You aren't legally allowed to trade until you're 18, that's 3 years.
>>29991555that's going to happen with or without this tax on people with 50MM+ assets, clown. might as well get some money from the super rich people while we can.
>>29990952Slippery slope is a fallacy man. That shit won't happen. You know what will happen? People getting more pissed off with civil unrest and equality that they force a revolution. That's what you need to worry about. Because the data shows revolution happens when financial inequality gets to a certain level. We're not quite there in America yet but it could happen if we do nothing about it. You need to realize as well that automation is poised to absolutely demolish the workforce just like industrialization did to an extent. Especially if we end up in some kind of depression and people are put out of work it will be even worse. Then you're going to have the money even more concentrated and people out of work and can't afford basic ass shit.. which is already bad enough as it is. You need to have a more complex understanding on this. The way you're going about it is simply not good enough.
>>29991038No, it hasn’t.Only welfare niggers are getting decimated. As they should.
>>29991606Because Amazon generates a high cash flow, so even if stocks crash and don't hold, that's a GOOD THING.It means people can now buy those stocks up for cheap.
>>29991606who cares. sound like a good time to buy the dip and/or make money shorting.
>>29988226I have $1.4MM in investments. That’s more than more than 99%+ of people my age have. Probably more like 99.5% if you exclude inheritance fags.As I said, I don’t give a duck about ultra rich people. They don’t give a fuck about me either (and I’m not saying they should). Wealth tax is not the right way to go about it, but I 100% agree that people with >$15MM should be taxed at a higher rate. They should just increase capital gains taxes.
>>29989220>>29989241Everyone ignoring the hot-running inflation ITT. What the fuck. This is the business and finance board on 4chan. If you are either a broke idiot with no interest in a well-performing market, or even a liberal, why are you even here?
>>29991681all these cucks and bootlickers have is the slippery slope fallacy. because there's no logical reason to oppose people with 50MM+ in assets paying more taxes, kek
>>29991746capital gains taxes are avoided by using assets as collateral and taking a loan against them. that's why wealth taxes work
>>29991667What money anon. Do you even know what your taxes go towards? They don't fund anything. There isn't enough taxes even if we taxed 50% of our economy to pay off our debt. They go to pay portions of that debt. We spend so much that the debt will never be paid off. You're not understanding that you will not benefit from this. The only people who do benefit from higher taxes are the actual .01% who own the debt.
>>29991786hey you know what helps stop inflation? rich people paying more taxes. takes money out of circulation. you're welcome :^)
>>29991596Who has that print of nethanyau saying he wants to make America the largest welfare state ever?
>>29991884I'm all for making a bunch of money and capitalism, I love that about America. But it's also not right to an extent and we have to work on these issues before they get worse. But I'm sure people cried the same type of bullshit when FDR did it too.
>>29991786>well-performing marketyou're delusional
>>299919142008 called, it wants its whining about muh national debt back
>>29991681>Slippery slope is a fallacy man.The slope has slipped a lot these past few years, hasn’t it?
>>29992083>xxxx year called