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this post was submitted on 13 Sep 2023
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He actually says they (the rich owners) need to "hurt the economy". Economic terrorist.
We toppled Saddam because he wanted to ditch the dollar. I don't think this fuckstick or Elon Marshmallow man have the same level entourage.
All the Russian oligarchs what is like to have all your assets seized, and just me tell ya, Id suffocate from laughter before I ever gave one fuck about the obscenely rich.
I'm ready to Make America Great Again, by taxing any and all assets over 10million, annually, at 75%. The squeaky wheel gets it raised to 85% Back in the oft romanticized golden days the upper tax rate was 90%
Maybe I'm alone in this opinion but I don't think someone should be able to have one idea that sells and then never have to work again. Like, if we all worked 4 hrs a week then fine, but nowadays, with modern tax chattle slavery? Naw man. Edison, Tesla, those guys had to keep inventing. Mr Mypillow can go die under an overpass.
Fuck billionaires. We need a special forces team for the IRS, they can jump from helicopters with their calculator's ribbon.
75% on 10M is 7.5M. This is how you get people to end up paying $0, because that rate is far to high. Its like saying for every $1 you earn, you will get $0.25C. Yeah you wouldn't be happy with that.
30% of 10M is better than 0% of 10M. If I had that money and they wanted to charge me 75% tax, I would rather pay a smart accountant 1M and get to keep 9M.
The keyword here is over 10M.
You know, not the 10 millions, but anything that exceeds 10M.
So if you have 11M, you'd pay 750.000.
IMO it's the only way to not bring back kings with unlimited power over normal people.
Keyword was really Assets, but everyone read that as Income...