The Best Revenge.

[byronius]

Ryan Cooper

We now know there shall be no quarter from the ultra-rich in their quest to take as much of the national income and wealth for themselves as possible. So they should be given no quarter either.

At the earliest opportunity, a left-wing economic reform bill should deliberately destroy the power of the plutocrats: Break up their monopolist corporations, sharply increase taxation on their capital gains and dividends, levy a confiscatory tax rate on income over $1 million and a 100 percent inheritance tax on estates over $1 million, and kneecap finance with burdensome regulations. Then, strengthen the lower class: Ban "right-to-work" laws at a national level, increase the minimum wage and index it to inflation, beef up the welfare state, and spend to achieve full employment.

Some of the wealthiest and most privileged people who've ever existed are attempting to loot the pockets of penniless grad students so they can have even more money to spend on stuff like $450-million paintings. They've forfeited any right to deference or consideration.

Found this on Digby.


I think this is the best idea I've heard in a year. Let's end this class war forever.

[Fred Sanders]

1. 450,000,000 for a painting. The obscenely rich do obscene things. Make the rich pay!

[MarvinGardens]

2. I think for a time, the rich had a better memory of history.

I think the rich business class had a sort of institutional memory of what happened in the Great Depression. How the country could have been lost, how income tax rates were punishingly high for some time afterward. That is finally being forgotten. They think what they are doing now will not have consequences.

[Tiger58]

3. tigerram

Sounds really great but i see a problem..Who's going to do all this ??Last time i looked the Recons are in control of the House... Senate..SCOTUS..AND POTUS SO NOW WHAT.?? The answer is vote all Rethugs out in 2018..This means at every level..City..State..and Gov..In the mean time Impeach them all out of the W.H.