A billionaire I know once told me “My taxes are so low it’s obscene.” There should be a #WealthTax of 2% on assets over $50M & and an additional 1% on assets over $1B. Our government’s groveling at the feet of the ultra rich is the surrender of our democracy to oligarchic rule.

Jul 5, 2021 · 6:39 AM UTC

133
380
31
2,336
Replying to @marwilliamson
Uber rich people don’t let money get away. They fight for every penny, that’s how they got so rich. Create a new tax and watch them wiggle their way out if it via loopholes or campaign donations to the right person.
1
Replying to @marwilliamson
Taxing total wealth is the key.
Replying to @marwilliamson
Wait, you know billionaires! Have you ever asked them why they’re like that?
Replying to @marwilliamson
Yawn.... Need a hell of a lot more than 2%... Get with the program Marianne. You're quickly becoming irrelevant with this nonsense
Replying to @marwilliamson
That is peanuts to someone with that kind of money. 15% minimum.
Replying to @marwilliamson
Did you tell them that they can just donate money to worthy causes? A #wealthtax just moves those assets overseas ah la Cayman Islands.
Replying to @marwilliamson
This needs to change ... and your progressive candidates are a Huge Source of this change!
Replying to @marwilliamson
All assets or just liquid assets?