Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Congratulations to our presumptive Democratic nominee, Joe Biden!
Democratic Primaries
In reply to the discussion: A Wealth Tax Is Simply Un-American It would make the U.S. less hospitable to the most visionary entr [View all]BlueMTexpat
(15,366 posts)40. VERY BIG IF, indeed!
But then, that is the situation with ALL Dem plans/proposals.
So why not think BIG as well?
If I were to vote in a presidential
primary today, I would vote for: Joe Biden
primary today, I would vote for: Joe Biden
Edit history
Please sign in to view edit histories.
40 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
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
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
Simple. They (America's wealthiest) accumulated a huge share of their present net worth during the
KPN
Nov 2019
#15
Cute, but this tax would only raise enough to pay the interest on the national debt.
oldsoftie
Nov 2019
#14
The bottom line is that it wont raise whats projected & its not NEARLY whats needed.
oldsoftie
Nov 2019
#35
Oh, I agree on the debt. My point was that no new revenue is slated for that.
oldsoftie
Nov 2019
#37
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