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by yonatron 892 days ago
Notice they said "a tax on net wealth". That's just plain evil. You can't tax paper gains! Almost all of these billionaires have their holdings in stock. It's theoretical money, not cash. If you own a house, and the "value" of your house goes up 5%, should you be taxed on that gain? Clearly not. It's not money you actually have. How are you going to raise that money every year? Borrow? You're already in debt. And these fools already want to tax you on your "income" from borrowing as well. There's a reason all moral societies only tax realized gains. Also all these haters of wealth and capitalism are sorely lacking in math. Not even math, just arithmetic! If you forcibly took ALL the billionaires money ( which is what these haters REALLY want), about $12.2Trillion and gave it to the poor half (4.4 Billion people) everyone gets about $2,700. That's it. And one time only!! Woo hoo! Congrats! World poverty and lifestyle solved! NOT! Meanwhile, for the sake of your idiot ideological revenge, all the companies and employees and economic drive and sub industries and localities driven by the Billionaire's success amd enterprises are now ruined. Millions of people have now lost their jobs. Also no one will attempt it again. Great solution. #mathlessfools! In Britain, this fictional 22B per year over 65 Million people is a nice whopping 338 pounds per person. Again: problems solved. Not! And the rich, who drive economies and employ millions will definitely flee somewhere that doesn't perpetrate these stupid hateful laws. This is all about people thinking it's moral and virtuous to say "Sorry, you have too much! We've got to limit your success and take from you" #handicappergeneral #Marxism #famine It comes down to this: #killthegoose