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Dyedinthewoolliberal

(15,823 posts)
10. I am having a discussion with someone who says they are wealthy.
Wed Feb 3, 2021, 02:12 PM
Feb 2021

They say- 'In our case, we have inherited estates that are valued in access of what the limit would be. (Assets, houses etc included) we already pay taxes on it. We could not afford to pay .02 per every dollar of the estate, on top of what already is owed by regular taxation, while paying to maintain the property, farm equipment, fencing, infrastructure, the houses etc.
It is not the responsibility of the wealthy to pay more taxes for simply being wealthy. That is discrimination.'

They are referring to Elizabeth Warrens tax plan. I guess the more money you have the more money you want............

Maybe there is a constitutional issue with taxing assets? Walleye Feb 2021 #1
It is use for local safeinOhio Feb 2021 #12
States don't seem to have a problem doing it Leith Feb 2021 #13
There was a thread BootinUp Feb 2021 #2
I Was Too Busy Working My Fingers To The Bone To Pay All Them Taxes So Bezos And His Friends DanieRains Feb 2021 #4
+100000000000000000000000000000000 x infinity AmyStrange Feb 2021 #3
Probably because the wealthy have more say about who gets elected into office. jalan48 Feb 2021 #5
And Control Almost All Of The Media - See Re-Distribution DanieRains Feb 2021 #7
Yep, keep the focus off of income inequality and make it about other "Breaking News". jalan48 Feb 2021 #8
I Was Many Years Behind Just Paid $25,000 In Property Tax For One Building DanieRains Feb 2021 #6
Because the rich own politicians inwiththenew Feb 2021 #9
I am having a discussion with someone who says they are wealthy. Dyedinthewoolliberal Feb 2021 #10
Maybe They Could Try Working DanieRains Feb 2021 #11
Do they have a cellphone? What about a refrigerator? aidbo Feb 2021 #14
Maybe they could try skipping that double latte every once in a while. aidbo Feb 2021 #15
I am trying to figure out the best way to express Dyedinthewoolliberal Feb 2021 #18
there is not an unreasonable argument that a wealth tax is unconstitutional dsc Feb 2021 #16
Because the wealth accumulators use their accumulated wealth to make it so. Caliman73 Feb 2021 #17
it's always about the criminal not the crime. See Bernie Madoff RANDYWILDMAN Feb 2021 #19
I discuss it all the time. Iggo Feb 2021 #20
Latest Discussions»General Discussion»Why Is Taxing Wealth Accu...»Reply #10