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
1%/50million=1million/350million=0.0028¢/US Citizen
Replying to @marwilliamson
To be honest this is a shit tax, these crotch ass billionaires should be taxed 90%. And if you think that's extreme let me tell you that 90% of $1,000,000,000 leaves you with $10,000,000. Thats still a shitload of money #abolishbillionaires
How about we stop taxing people making under 50k, minimize anyone making under 100k and tax people making 500k+ more
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Replying to @marwilliamson
But we aren't supposed to talk about #2KChecks either right now
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Replying to @marwilliamson
Start the wealth tax at $1 million. We're about to experience poverty and wealth inequality not seen since the Great Depression. The wealthy have robbed the poor for 50 years.
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Replying to @marwilliamson
What about the Bezos's of the world who's value is in stock and not income? Have you considered a VAT tax instead. Whereas we tax the wealthy businesses like Amazon who pay 0.
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Replying to @marwilliamson
People are still somehow against this idea. Incredibly sad
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Replying to @marwilliamson
What do you think we could do with the 8 billion in oil subsidies we give oil corporations ??
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Replying to @marwilliamson
They think people are stupid