HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Democratic Primaries (Forum) » Warren: Don't worry too m...
Undecided 38%
Elizabeth Warren22%
Joe Biden14%
Bernie Sanders8%
Kamala Harris7%

Thu Nov 7, 2019, 10:42 PM

 

Warren: Don't worry too much about Bill Gates

I went to Elizabeth Warren's' Calculator for Billionaires' and clicked on Bill Gates
https://elizabethwarren.com/calculator/ultra-millionaire-tax?source=soc-WB-ew-tw
The results are:

BILL GATES WOULD PAY $6.379 BILLION NEXT YEAR UNDER ELIZABETHíS WEALTH TAX.

Bill Gates has a net worth of $107,000,000,000.

Donít worry too much about Bill Gates - if history is any guide, if billionaires do nothing other than invest their wealth in the stock market, itís likely that their wealth will continue to grow.

Elizabethís wealth tax, which only impacts Americaís 75,000 wealthiest families, would generate enough revenue to cover universal child care, quality public education, forgive student loan debt, provide free public college, and help finance Medicare for All.


This is an insult to Gates and my intelligence. if billionaires do nothing other than invest their wealth in the stock market is too cute by half. There are ten billionaires on the list. Would it be too much to ask the Campaign personalize results a little?

I am in favor of a 3% wealth tax.
If I were to vote in a presidential
primary today, I would vote for:
Elizabeth Warren

16 replies, 648 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread

Response to crazytown (Original post)

Thu Nov 7, 2019, 10:47 PM

1. Invest in the stock market? Hell......

 

If he bought 1 year T -Bills even now he would make $1,605,000,000 / year !!!!!!

That ain't chopped liver !!!!!!!!!
If I were to vote in a presidential
primary today, I would vote for:
Undecided

Reply to this post

Back to top Alert abuse Link here Permalink


Response to pangaia (Reply #1)

Thu Nov 7, 2019, 10:50 PM

3. And what is the ROI on philanthropy?

 

If I were to vote in a presidential
primary today, I would vote for:
Elizabeth Warren

Reply to this post

Back to top Alert abuse Link here Permalink


Response to crazytown (Reply #3)

Thu Nov 7, 2019, 11:03 PM

6. Amazing publicity

 

If it weren't for people like Bill Gates, we wouldn't need people like Bill Gates. He literally can't give enough back to make up for what he's taken.
If I were to vote in a presidential
primary today, I would vote for:
Elizabeth Warren

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Lordquinton (Reply #6)

Thu Nov 7, 2019, 11:11 PM

7. You can make that argument about any Billionaire

 

Gates = Koch
If I were to vote in a presidential
primary today, I would vote for:
Elizabeth Warren

Reply to this post

Back to top Alert abuse Link here Permalink


Response to pangaia (Reply #1)

Thu Nov 7, 2019, 11:20 PM

8. He'd pay about $500,000 on that. Reverse last two tax cuts, another $90K, or so.

 

If I were to vote in a presidential
primary today, I would vote for:
Undecided

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Hoyt (Reply #8)

Thu Nov 7, 2019, 11:35 PM

11. Okay.. $1,604,000,000 + or -..eah, that m8ght start to hurt..

 

If I were to vote in a presidential
primary today, I would vote for:
Undecided

Reply to this post

Back to top Alert abuse Link here Permalink


Response to pangaia (Reply #11)

Thu Nov 7, 2019, 11:44 PM

12. I'm sure it wouldn't hurt him much, but he is paying more than a lot think.

 

Iím not a Sanders or Warren taxer, but Gates, etc., are where the easy money is. Thatís where Iíd start, but we have to think long-term too.

We could take all the 20 percentersí wealth, but it wouldnít last us long, especially after that paper wealth plunges by 70% or more when the tax/confiscation starts.
If I were to vote in a presidential
primary today, I would vote for:
Undecided

Reply to this post

Back to top Alert abuse Link here Permalink


Response to crazytown (Original post)

Thu Nov 7, 2019, 10:49 PM

2. Agreed on all, except I like Bernie's 4% employee and 7.5% employers payroll tax for MFA.

 

Spreads the burden where it belongs.
If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

Reply to this post

Back to top Alert abuse Link here Permalink


Response to JoeOtterbein (Reply #2)

Thu Nov 7, 2019, 10:53 PM

4. I think the frenzy of criticism about Warren's M4A plan

 

has very little to do with M4A, and a lot to do with a bevy of inventive taxes on the wealthy.
If I were to vote in a presidential
primary today, I would vote for:
Elizabeth Warren

Reply to this post

Back to top Alert abuse Link here Permalink


Response to crazytown (Reply #4)

Thu Nov 7, 2019, 10:57 PM

5. To me the critics are so weird. Do they really think they may become millionaires, or more?

 

Talk about pipe dreams!
If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

Reply to this post

Back to top Alert abuse Link here Permalink


Response to JoeOtterbein (Reply #5)

Thu Nov 7, 2019, 11:26 PM

9. Write a book. nt

 

If I were to vote in a presidential
primary today, I would vote for:
Elizabeth Warren

Reply to this post

Back to top Alert abuse Link here Permalink


Response to sheshe2 (Reply #9)

Thu Nov 7, 2019, 11:32 PM

10. Thanks sheshe (number 1 in my book!), maybe I should.

 

Thanks again.
If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

Reply to this post

Back to top Alert abuse Link here Permalink


Response to JoeOtterbein (Reply #10)

Fri Nov 8, 2019, 12:17 AM

13. I suggest selling them...

 

On Amazon and Walmart. You will make the best money there.
If I were to vote in a presidential
primary today, I would vote for:
Elizabeth Warren

Reply to this post

Back to top Alert abuse Link here Permalink


Response to sheshe2 (Reply #13)

Fri Nov 8, 2019, 12:35 AM

14. Dang! Ya peeps yaking lik tat & i vote Warren n da Primary!

 

Thanks! (I'd add sweetie to that if I knew I was permitted,, ya no respect n all!).

Sleep tight, until Trump disrupts Tonight!
If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

Reply to this post

Back to top Alert abuse Link here Permalink


Response to crazytown (Original post)

Fri Nov 8, 2019, 01:41 AM

15. Tax them out of existence. No one needs that much money.

 

If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

Reply to this post

Back to top Alert abuse Link here Permalink


Response to crazytown (Original post)

Fri Nov 8, 2019, 04:04 AM

16. I like much of the work that

 

Bill and Melinda do with their foundation. And hope that it continues.

He could consider the USD 6 billion+ to the IRS as another foundation gift and would still be doing well financially. He just wouldn't get to write any of this one off.

So no, I certainly never worry about Bill Gates. Financially.
If I were to vote in a presidential
primary today, I would vote for:
Elizabeth Warren

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread