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

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Replying to @marwilliamson
And thus the importance of the work of folks like you and Stephanie Kelton to dismantle that lie and play a key role in building a narrative to replace the broken neoliberal, trickle down garbage.
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Replying to @marwilliamson
That’s extremely generous. I’d bump the wealth tax up to at least 5%. 😎
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Replying to @marwilliamson
There is no democracy ... or ever has been democracy. Elections are billionaire funded, Citizens United (what horseshit). How do people keep a straight face pretending democracy exists? "America has no functioning democracy at the moment." - Jimmy Carter
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Replying to @marwilliamson
There should be a tax of 100% on all assets beyond $1 billion, but I'd settle for confiscating all the blood money the billionaires bilked from us over the pandemic.
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Replying to @marwilliamson
I’m really tired of these stories of billionaires saying they don’t pay enough in taxes. If they really felt that way, there’s nothing stopping them from paying more. But they don’t. It’s just a psyop on the unwashed masses.
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US is $20 trillion in debt, your country is already owned by oligarchs and has been for years When they margin call America - they'll enslave you.
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Replying to @marwilliamson
I disagree!!!! That's not American !!! All taxes should be the same!! Never tax success!!!
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