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
I like wealth tax but everyone should pay. Not just the rich. It should also be very low. 2-3% is way too much.
Replying to @marwilliamson
80% of taxes are paid by the most wealthiest fyi
Replying to @marwilliamson
FairTax😍 1 Reduce▶️Identity Theft 2 Eliminate▶️🤪tax Forms+Rules 3 E-nate▶️Institutional Data loss &/or Stealing 4 Reduce Greatly▶️Social Stress 5 Ppl. Buying Power, Grow👍 6 Reduce▶️Powerty+Inequality 7 ELIMINATE LOOPHOLES 4 rich if You👍this 7 Benefits? Then👍 the Fair Tax !
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Replying to @marwilliamson
I'm not sure I like the idea. They would increase the military budget instead. I think taxes should be a flat 15%.
Replying to @marwilliamson
If this wealth tax was used solely to eliminate the national debt, it would make sense.
Replying to @marwilliamson
How about you put your money where your mouth is and give that percentage to the govt. every year! Stop trying to get other rich people to support your socialism and be the change you want to see!
Replying to @marwilliamson
But, it would be a start in a new direction, no?
Replying to @marwilliamson
This is a folly. Look at the folks that own peloton in December then February
Replying to @marwilliamson
I have never even heard the billionaires argue against additional taxation on them. They just hate it when the corrupt left politicians demonize them for being rich.
Replying to @marwilliamson
It depends on how you define “wealth.” It also depends on how useful you think taxes are. Why does your tax rate go down as wealth goes up? Shouldn’t your rates be the opposite for those wealth levels?
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