The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 30874
Likes: 52068


Wait, so Warren's billionaire tax is now up to 6%. So


much for moderating... she's doubling down (literally) on crazy. For anyone fortunate enough to be subject to that rate, in many years, they would pay a tax that exceeds their investment income. Does anyone not think that a 100%+ effective income tax rate on investments would not cause crazy capital flight and market distortions.

She's not quite reached the Bernie 8% tax on wealth and "billionaires should not exist" level of crazy, but she's gaining ground.

Posted: 11/18/2019 at 07:13AM



+2

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
 
  
Wait, so Warren's billionaire tax is now up to 6%. So -- BocaHoo91 11/18/2019 07:13AM
  You seem to be missing quite a bit here. -- WahooRQ 11/18/2019 09:22AM
  This attitude has always made me laugh. -- SchmHoo 11/18/2019 2:37PM
  Yeah, you’re right. Bernie getting saying -- BocaHoo91 11/18/2019 4:21PM
  Your complaint should be with the Bern and Warren. -- hoolstoptheheels 11/18/2019 3:22PM
  That’s certainly the narrative. ** -- SchmHoo 11/18/2019 3:32PM
  It isn't a false narrative. Bern actually posted that. -- hoolstoptheheels 11/18/2019 4:09PM
  Nobody thinks Warren has really covered the cost of her plan(s). -- hoolstoptheheels 11/18/2019 09:59AM
  Imposed Medicare for all is a bad political -- Shenhoo 11/18/2019 09:15AM
  Does that come close to paying for it? ** -- Tuckahokie 11/18/2019 09:06AM
  We spend far beyond what the rich make and have ** -- HokieDan95 11/18/2019 08:21AM
  WaxHoo can't wait to STAND WITH HER. ** -- HootiesJohnson 11/18/2019 08:17AM
  "Stands With Fist" ** -- Tuckahokie 11/18/2019 08:25AM
  What hyperbole are you referring to? ** -- BocaHoo91 11/18/2019 08:00AM
  Correct - it is tapping a populist vein. -- hoolstoptheheels 11/18/2019 08:19AM
  Mostly, the complexity of the tax code itself favors the rich. -- hoolstoptheheels 11/18/2019 08:38AM
  Those things are the tip of the iceberg. -- hoolstoptheheels 11/18/2019 1:19PM
  See mundane system reforms. :) ** -- Seattle .Hoo 11/18/2019 08:40AM
  Unfortunately, I agree. ** -- HoosWillWin 11/18/2019 07:45AM
  Yes. 6% of wealth. Plus 39.6% on any -- BocaHoo91 11/18/2019 07:39AM
  Ooops - forgot the link. Included here. -- hoolstoptheheels 11/18/2019 08:13AM
  CNBC discussed this this morning... -- Stimp 11/18/2019 09:17AM
  That's what triggered my post. -- BocaHoo91 11/18/2019 09:59AM
  Hmm. I guess she needs a new campaign site webmaster. ** -- hoolstoptheheels 11/18/2019 08:47AM
  What changes the argument? I don’t follow. ** -- BocaHoo91 11/18/2019 07:58AM
  I wasn't aware she was taxing wealth. ** -- HoosWillWin 11/18/2019 08:05AM

Notice: Trying to get property 'queue' of non-object in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781

Warning: Invalid argument supplied for foreach() in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781
vm307