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Democratic Primaries

Prosper

(761 posts)

3. Are you asking me ?

Reply to Hassin Bin Sober (Reply #1)

Fri Nov 8, 2019, 01:45 PM

Nov 2019

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

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40 replies

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Highlight:

A Wealth Tax Is Simply Un-American It would make the U.S. less hospitable to the most visionary entr [View all] Prosper Nov 2019 OP

I pay a wealth tax twice a year. It's called property taxes. Hassin Bin Sober Nov 2019 #1

Are you asking me ? Prosper Nov 2019 #3

Yes and no. It's kinda in response to the article. Hassin Bin Sober Nov 2019 #6

My answer is then to read the body of my post. Prosper Nov 2019 #10

Good point. NT enough Nov 2019 #4

Many right wingers say that is extremely un American. It's a major hang-up with the likes.... TidalWave46 Nov 2019 #5

Right but so if we already have property taxes then what is this new system about? nt redqueen Nov 2019 #20

The article in the op was about wealth taxes being un American Hassin Bin Sober Nov 2019 #21

I don't understand the rationale behind taxing one's net worth. George II Nov 2019 #2

Please see BlueMTexpat Nov 2019 #8

Taxing net worth is analogous to forcing a person that Prosper Nov 2019 #9

Good analogy. KPN Nov 2019 #16

Rationale? crazytown Nov 2019 #11

That too -- over and above the equity issue. KPN Nov 2019 #17

++++++ Prosper Nov 2019 #24

Simple. They (America's wealthiest) accumulated a huge share of their present net worth during the KPN Nov 2019 #15

They didn't get taxed on their income for 40 years. Gore1FL Nov 2019 #33

Oh, phfft! BlueMTexpat Nov 2019 #7

Cute, but this tax would only raise enough to pay the interest on the national debt. oldsoftie Nov 2019 #14

So you've done ALL the math! BlueMTexpat Nov 2019 #19

The bottom line is that it wont raise whats projected & its not NEARLY whats needed. oldsoftie Nov 2019 #35

I can't say I agree with any of your arguments. Gore1FL Nov 2019 #34

Oh, I agree on the debt. My point was that no new revenue is slated for that. oldsoftie Nov 2019 #37

Great video. redqueen Nov 2019 #22

VERY BIG IF, indeed! BlueMTexpat Nov 2019 #40

Looting by the 1% is Mericun! n/t brewens Nov 2019 #12

Yeah Turbineguy Nov 2019 #13

I prefer a 1% Wall Sales Tax on financial transactions ritapria Nov 2019 #18

Whatever else we do I would love to see redqueen Nov 2019 #23

Need at least 25% tax on non party investing. That would Prosper Nov 2019 #25

Warren should emphasize where her tens of millions of dollars came from wiley Nov 2019 #26

It's been done. Gore1FL Nov 2019 #36

Really? Where are they going to go, these visionaries? dawg day Nov 2019 #27

A wealth tax may be unconstitutional and will be tied up in the courts for a long time Gothmog Nov 2019 #28

My state used to have an 'intangibles tax"-- a percentage tax on all stocks and bonds you owned. dawg day Nov 2019 #30

The US Constitution has a prohibition on direct taxes not allocated by population Gothmog Nov 2019 #31

don't we have taxes on investment trades? Or does that not count as a tax? dawg day Nov 2019 #32

What about the the Direct Tax of 1798? Gore1FL Nov 2019 #38

It was allocated in accordance with population Gothmog Nov 2019 #39

I really don't want millionaires around at all. They do not help society in any way. Joe941 Nov 2019 #29