@mstarace
I dunno.
If he's careful and has a vegetable garden in the back, he might make it.
@mstarace He needs to be on Bluesky and Mastodon if he isn't already!

@mstarace

We need to raise taxes on the wealthy, but a billionaire wealth tax is one of the stupidest and least effective ways of doing it. Bernie knows this, but he's all about putting on a show, he knows this is popular and has no chance of being enacted. Typical Bernie bullshit, all talk, no action.

@HakeemG @mstarace

oh fuck you

shut the fuck up

@benroyce @mstarace

Nah F you, for real, if you can't handle the truth about Bernie, log off and go cry some more about it. You won't disrespect me over that clown though, eat a pickle!

@HakeemG @mstarace

unfollowed

forced you to unfollow

fuck you shitbag edgelord

🖕

@benroyce @mstarace

You still here crying over Bernie's bullshit? I thought I told you to go eat a pickle, get F'ed with your BS. Don't act like I came out of pocket first, you got mad on behalf of your F'ing clown hero.

@HakeemG @mstarace

that's what you're doing. you're the one still crying over bernie bullshit

this is a perfectly fine initiative. that it's from bernie or from mickey mouse, no matter. the only reason you oppose it and find something to whine about is because it's from bernie

do better than projecting your own obsessions

@benroyce @mstarace Nah bro, don't try to gaslight me over that shit, its right here. You got all up in your feelings and felt like you were going to disrespect me, not going to happen.

Bernie's a F'ing clown.

@HakeemG @mstarace

you did get into my feelings

because you had a bullshit reason to oppose a tax on billionaires

correct

the bernie bs is all your own problem

@benroyce @mstarace

No you got in your own feelings and thought it was okay to disrespect me, save that shit for your Bernie bros, I'm not the one.

@HakeemG @mstarace

if you oppose a tax on billionaires, you bet your fucking ass i will disrespect you

@benroyce @mstarace

"We need to raise taxes on the wealthy, but a billionaire wealth tax is one of the stupidest and least effective ways of doing it."

🤡🤡🤡

@HakeemG @benroyce @mstarace
Hakeem, you appear to be talking to somebody I blocked. Looks like you've discovered why.

@HakeemG @mstarace

right. so you oppose it

or is the implication "i think this is a stupid idea. therefore, i support it"

😂

@HakeemG

What's your alternative for taxing billionaires?

They already dodge existing taxes on income and inheritances.

Increasing marginal rates will probably work on millionaires, but not billionaires.

@benroyce @mstarace

@joeinwynnewood @benroyce @mstarace

One stop creating so many to begin with. Mutual fund managers, etc... should be required to control compensation.

- Make loans against capital taxable events.
- Restore the income tax on capital appreciation.
- Stricter laws on hiding assets fund the IRS.
- Raise the alternative minimum tax.
- Tax corporations based upon where they do business.
- Join the international minimum tax agreement to prohibit corporations from shifting tax burdens.

@HakeemG @joeinwynnewood @benroyce @mstarace but increasing taxes on newly gained wealth does nothing for/to the billions already amassed, does it?

@punissuer @HakeemG @benroyce @mstarace

It's also a tax on wealth. Not sure how that is substantially different from just taxing the asset value above a threshold value.

@punissuer @joeinwynnewood @benroyce @mstarace

The billions already amassed is spilled milk, but all of it has to be transacted on to be realized. Billionaires have the greatest ability to move out of anyone, look at what Sergey Brin is doing, he bought a Miami house. I don't really care, but he's going to avoid the tax. Not to mention the incredible difficulty of calculating the tax owed and collecting it. This is a plan built for toddlers and not serious people. Typical Bernie!

@HakeemG @punissuer @benroyce @mstarace

Re: spilled milk

Not to the millions of US residents that money was stolen from as billionaires siphoned off $70T in productivity gains that should have been paid in wages.

Re: Make loans against capital taxable events

This is a way to tax existing wealth, but not much different from taxing capital appreciation or the capital itself as it requires knowledge of the capital wealth held.

@joeinwynnewood @punissuer @benroyce @mstarace

Maybe those millions shouldn't have kept voting for Republicans who kept cutting taxes for the rich and corporations? 77 million of them just voted for this crap in 2024 and another 90 million didn't care enough to show up, so yeah it's spilled milk.

@HakeemG @punissuer @benroyce @mstarace

The efficacy of the billionaires' money in corrupting our politics, in no small part by poisoning the media soup in which it swims, ought not be placed on the shoulders of people scrambling every day to get by, nor should the nearly as many who have consistently voted for better representation and certainly better outcomes than they've received when in the majority be shunted aside as irrelevant economic casualties.

Beyond that, there are effective ...

@HakeemG @punissuer @benroyce @mstarace

strategies for significantly increasing the odds of a majority consistently voting for better outcomes.

It would be helpful to focus on raising awareness of them, as I often do (see my pinned toots), than pissing on the people being most harmed.

@joeinwynnewood @punissuer @benroyce @mstarace

The people being most harmed? You mean those brown kids in ice shelters?

@HakeemG @joeinwynnewood @benroyce @mstarace since we're already straying from the topic, reminder that *taxing* billionaires out of existing is already the moderate position.

@mstarace

“By Sen. Bernie Sanders. Surprise! The Jeff Bezos-owned Washington Post is against my 5% billionaire wealth tax. I wonder why? If enacted, Bezos would owe $12 billion in taxes, and an average family of 4 would receive a $12,000 direct payment. Poor Jeff would be left with just $224 billion to survive.”
#alttext #AltText4You

@JackMexa4 @mstarace

Seriously, Bezos' absurd wealth isn't the real problem here, and it's disappointing that Sanders fails to either acknowledge or is too coward to say it out loud:

The problem with Bezos is that he's a fascist, and that everyone buying from Amazon or using their services doesn't give a shit to fund his fascistic actions.

@proscience @JackMexa4 @mstarace this feels eerily similar to the "ecological footprint" responsibility redirect that BP pushed. Fascism is a systemic problem that you can't just vote out with your wallet

@punissuer

Your toot feels eerily familiar to the ones of lazy ideological failures who always blame somebody else instead of taking responsibility for their actions and inactions.

In other words: Very similar to Trump and his filthy rich ilk.

Bye.

@JackMexa4 @mstarace

@proscience @JackMexa4 @mstarace walk me through this. Say, point midnight, every consumer stops buying from Amazon. Ignoring business customers that can't easily switch computing providers, you're telling me that of that trillion dollar plus defense budget, not a single dime is gonna end up in Bezos' pockets?

@LeelaTorres
Sen. Bernie Sanders be

@​SenSanders = ST =

Surprise! The Jeff Bezos-owned
Washington Post is against my 5%
billionaire wealth tax. I wonder
why?

lf enacted, Bezos would owe $12
billion in taxes, and an average
family of 4 would receive a
$12,000 direct payment.

Poor Jeff would be left with just
$224 billion to survive.

@mstarace

Mere $200 billion?

You could barely afford a space launch facility and a global shipping company.

#Communism !!!

@mstarace
Why I boycott Amazon and anything else owned by #BoycottBezos.
@mstarace Maslow would've been proud of Bernie.
@mstarace With that tax rate, I would gladly accept a mere $224 billion dollars. Hell, I'd settle for $1 million annually for the rest of my life.

@mstarace @kevinrns
This is real! Call your members of congress to voice your support!

https://www.commondreams.org/news/bernie-sanders-billionaire

'Enough Is Enough': Sanders, Khanna Propose Billionaires Tax to Raise $4.4 Trillion | Common Dreams

Sen. Bernie Sanders and Rep. Ro Khanna are taking a stand against billionaire greed with the Make Billionaires Pay Their Fair Share Act. It's time to end the corrupt tax code that favors the wealthy while everyday Americans struggle to make ends meet. Will you support this crucial legislation to cre...

Common Dreams

@TMRuppert @mstarace

Hurrah.

Of course its real, if unambitious.

Biden proposed a 25% wealth tax on billionaires. His proposal was on billionaire wealth over 20 billion.

@TMRuppert @mstarace @kevinrns
Good luck, but I'm sorry to tell you that it's not real. Bernie and Ro would NEVER propose it if there was even a one in a thousand chance of it actually passing.

They're fascists just like the Republicans. They just play non-fascists on TV.

@Quasit @TMRuppert @mstarace @kevinrns sounds to me the bigger issue is that even this really modest measure has no chance of passing

@punissuer @[email protected] @TMRuppert @mstarace

Elections matter.

Biden and his Senate Budget Director Bernie Sanders taxed the giant untaxed corporations who hadn't paid taxes since boomers wore shorts, A Trillion dollars. Put it all on heat pumps, wind farms and solar fields. Lowest unemployment since FDR.

Elections matter, tax wealth, it's time for a New Deal, this game is rigged.

@mstarace

Needs to be annual!

@mstarace
my taxes increased by 10k this year!

but millionaires paid less.

@mstarace How could he live with that pain? We need to show mercy to these misunderstood billionaires
@mstarace For many like him, the money is like an addiction. There will never be enough.

@mstarace Sucks that he could have been president, and we got Donald instead.

And they're still allowed to rig primaries.

@mstarace It would be "tough" but I could try to survive on $224billion! My first move would be to split $223 billion between Ukraine and Gaza. Mind, there's plenty of demand for public health, homelessness, education, climate change,,,, etc But then, I prefer people to things.
@mstarace about 5% tax. Wow that's nearly a 10th of what regular people have to pay. How will he manage!

@mstarace Once you realize that the fact that the media has been captured by billionaires means that those media no longer represent the interests of their region, everything becomes simple really.

No more 'New York' this, 'Washington' or 'LA' that. Let alone 'USA' such and so.

@mstarace
I'm against Bernie's 5% oligarch tax also. Corporate taxes were 35% in the 1980's!
@mstarace and thats why they buy newspapers….

@mstarace

Let's offer USA's ultra rich a simple choice: pay your share of taxes or get the guillotine.

That's much more generous than the people of France were in 1789.

Let's introduce a new slogan to counter MAGA:

LOTTA - "Little Off The Top America"

We could all wear green caps with an "L" on the front, that may or may not resemble the one worn by Nintendo's Luigi.

@mstarace Only 5%? That is 5% too much for them. 😭