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In reply to the discussion: should we be taxing earnings...or should we be taxing wealth? [View all]leftyohiolib
(5,917 posts)57. yes i believe it is stupid to think your vote doesnt matter -
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That doesn't keep people from challenging equally daunting odds and paying for the privilage of
AScott
May 2014
#24
Congratulations! You have discovered that humans are not rational self-interested agents!
Donald Ian Rankin
May 2014
#26
I recall a story that said the poor spend (on average) 9% of their income on the lottery.
AScott
May 2014
#103
plus alot of people are lazy - they dont think their vote maters - they feel the 2 parties are
leftyohiolib
May 2014
#35
i never questioned the reason to vote it seems to me that you have only one way
leftyohiolib
May 2014
#82
areas get gerry-mandered BECAUSE people sat home in census years like 2010. but just sit
leftyohiolib
May 2014
#88
Many don't vote because they have been convinced that their vote doesn't matter
liberal N proud
May 2014
#23
yes that is what i meant and youre correct it's just income and now to quote gov perry "oops"
leftyohiolib
May 2014
#30
Periodic appraisals of real estate, bank account and mutual fund balances, cars...
reformist2
May 2014
#72
there is alot of wealth in this country and the u.s. should go after it - the u.s. created the
leftyohiolib
May 2014
#4
idk but i refuse to think it cant be done -records of sales are kept and could be recorded in a data
leftyohiolib
May 2014
#66
you were expecting a soultion to this problem in 5 minutes from people on a discussion board?
leftyohiolib
May 2014
#85
Several countries have a wealth tax including France and Spain. So to find out 'how' a person
Bluenorthwest
May 2014
#94
Granted, but do you really believe that 98% of someone's previously owned wealth should be taken
AScott
May 2014
#55
A 98% confiscation of wealth over 25 years is exactly what your OP proposes, so...
AScott
May 2014
#92
Is 98% of accumulated wealth being confiscated a "fair share" over the course of 25 years?
AScott
May 2014
#99
The thing is, if you start taking "wealth", which in Bill Gates's case would mean his shares of....
A HERETIC I AM
May 2014
#74
No, in fact I think I made it explicitly clear that I DON'T think his money is under his mattress
A HERETIC I AM
May 2014
#115
You Ignore Items Like Stocks, Bonds, Notes, And The Like, Which Are the Bulk Of Wealth, Dir
The Magistrate
May 2014
#28
So, assuming a moderate return on investment, in 10 years all the "wealth" would be gone.
pnwmom
May 2014
#13
I love saving for my retirement especially with the interest on savings of 0.000000000000001% lol nt
msongs
May 2014
#49
Your proposed method of taxation would reward people for wasteful spending, accruing nothing,
pnwmom
May 2014
#20
With this approach, the very rich would end up holding their wealth as gold bars in basement vaults,
Nye Bevan
May 2014
#29
You'd probably have no tax. A flat tax on wealth would free the middle class of all taxation.
reformist2
May 2014
#61
Wealth isn't cash. Few wealthy people keep their money liquid. It wouldn't work.
Xithras
May 2014
#40
I'm sure we could manage a transition. The key question is whether a wealth tax is fairer. It is.
reformist2
May 2014
#63
I'm with you in concept, but much of "wealth" is based on paper -- like value of stocks or real
Hoyt
May 2014
#69
This will be fun. Each year the poor people can sell off any valued posessions
hughee99
May 2014
#91
Wouldn't this problem be best dealt with through taxing capital gains and inheritance taxes? /nt
Marr
May 2014
#98
ALL bonuses in transnational corporations. ALL tax haven money collected on pain of prison.
ancianita
May 2014
#101