A wealth tax of 2% on over $50M & another 1% over $1B would never even be felt in the daily lives of those taxed. There is something so warped about trying to protect the wealth of those who already have so much, while voting to crush the opportunities of those who have so little

Mar 27, 2022 · 6:08 AM UTC

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Replying to @marwilliamson
You are so right.
Replying to @marwilliamson
We will never have hope or peace until the parasite billionaire Usurper Class no longer exists. #SeizeAndNationalize #EminentDomain
Replying to @marwilliamson
Why would the owners of the government allow it to tax them more?
Replying to @marwilliamson
*This* is the status quo people like @jk_rowling dare not question. For her, systemic problems don't have systemic solutions, but individual ones. It's because if the entire system changes, she (or her friends) may not be a billionaire any more.
Replying to @marwilliamson
Billionaires will just find another way to skirt this tax like they do every other one they should be paying. Let’s get them to pay the ones they owe first instead of hiding behind shell companies
Replying to @marwilliamson
Use wealth and windfall profit taxes to incentivize SYSTEMIC change. 90% marginal, reducible to 40% if used to: reinvest in the real productive economy, jobs, unionization, energy conversion, cutting pollution, etc. Penalize offshoring, stock buybacks, hoarding, etc.
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Replying to @marwilliamson
File this under: "Things Democrats say they are for to get votes for the Midterms, but have zero intention of actually doing"
Replying to @marwilliamson
There should be no billionaires.
Replying to @marwilliamson
It’s the American way