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
“But that will take away ALL their motivation and incentive to keep making money! They’ll be really sad, stoner couch potatoes, and capitalism will be completely and forever destroyed.” PR Team for Billionaires United
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Replying to @marwilliamson
#TaxTheRich Eisenhower had it at 91% from 1955-1961 THATS WHAT WE NEED NOW #WEALTHTAX #WARRENISASNAKE
Replying to @marwilliamson
Chairman
 @WSBChairman
29 Jan 2021
Let me guess, they are going to bail out the billionaires and not even give us stimulus checks.
Replying to @marwilliamson
value added tax>>>>>>>wealth tax for sure.
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Replying to @marwilliamson
Exactly, it's pathetic. Warren is their friend, and such a symbolic, milquetoast proposition proves it. Warren is a capitalist and capitalism is destroying the planet.
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Replying to @marwilliamson
Would Trump actually be taxed? I wonder.
Replying to @marwilliamson
Yes! And soon that won't be enough again and we'll want more!
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Replying to @marwilliamson
Only does so much good when the wealthy know how to minimize taxes. A better idea? Get rid of most income based taxes, institute a federal sales tax that works like state sales taxes instead. The tax burden then goes to those who have disposable income.
Replying to @marwilliamson
I absolutely agree!
Replying to @marwilliamson
It should be the other way around, 2% at billions.....because that way if you make 990 million your being taxed more than someone at 1 billion. Is that designed to provide some sort of incentive?
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