Warren's #WealthTax plan calls for 2% over $500M, 1% more for over $1 billion. No one at that level of wealth would see any difference whatsoever in their lifestyle, but millions of people would see a fundamental difference in their lives based on what we could do with the money.

Jan 29, 2021 · 8:00 PM UTC

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Correction: her plan is for 2% over $50M, not $500M.
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Replying to @marwilliamson
Too bad she's just compromised opposition and anything she says it's lip service, no action.
Replying to @marwilliamson
Warren was a republican. Her sellout quarter loaf plans are treasonous to the working class.🐍🐍🐍🐍
Replying to @marwilliamson
Agree, but the reality of how it’s administered in other countries has been a problem. We would be wise to not repeat those errors. Also, unrealized (paper) wealth is a problem.
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Replying to @marwilliamson
But what will happen when billionaires are disenfranchised by this wealth tax? Think of the billionaires' hobbies! we need their wealth to stimulate the private yatch, private jet, and private island economy! You wouldn't want a yacht salesman to lose his job would you?
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Replying to @marwilliamson
This would be a great first step. The problem is that people don’t trust our government with the $. Use it to give us #UBI and people will get behind it.
Replying to @marwilliamson
Don't middle class Americans pay a higher percentage of income to taxes?
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Replying to @marwilliamson
Is this article accurate? thebalance.com/breakdown-of-…
Replying to @marwilliamson
Our gov't - because it is so corrupt - will waste that money on more war products. So, what is the point of taxing the rich when that money only enters a corrupt system? To fix things, both parties must be dismantled, then tax the hell out of the rich.
Replying to @marwilliamson
npr.org/sections/money/2019/…
Replying to @marwilliamson
Read the Deficit Myth by Stephanie Kelton. It will realize why we need to tax the rich and why we can afford fixing our other deficits. Ex. Housing, healthcare, environment, education, infrastructure, etc
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