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.
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
@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.
@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 @punissuer @benroyce @mstarace
Your point?
(Of course the people whose constitutional rights are being daily trampled let alone the moral depravity of the regime's actions here and abroad which very few people voted for despite the clarity of Project 2025 due to what Anat Shenker-Osorio and others have dubbed the credulity chasm.
People understood the substance of Project 2025 was terrible, they just didn't believe it would, could be implemented.)
Mike
HakeemG
ᴮᵉⁿ ᴿᵒʸᶜᵉVOTE IN THE PRIMARIES
Grassroots Joe
punIssuer