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We Need a Wealth Tax


Hugo Stiglitz

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5 hours ago, Captainant said:

Unrealized gains are routinely used as collateral for loans, which enables the investor class to liquidate their holdings tax free AND drive the inflation cycle to help deprecate their own debt bubble. 

using something as non purchase money collateral should be a realization event.  exempt your homestead.

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15 hours ago, Don Johnson said:

Actually none of that is fantasy. 

That said, I’d love to see some backup on the bottom 50% paying an effective tax rate of 24%. 

It’s not correct, nor anywhere near correct. I think the actual numbers on the bottom 50% of income earners is sub 5%. I even played with some data using taxpayers (eliminating those that pay no tax) and I don’t think you can get there although it is closer. 

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44 minutes ago, Brew said:

It’s not correct, nor anywhere near correct. I think the actual numbers on the bottom 50% of income earners is sub 5%. I even played with some data using taxpayers (eliminating those that pay no tax) and I don’t think you can get there although it is closer. 

Was a tweet with intentionally false info, meant to rile people up, and everyone ITT believed it hook, line, and sinker.

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5 hours ago, BeardIP said:

This kind of take grosses me out, tbh. I’m sure my take(s) do the same for you. What a weird life we choose to lead when we first are conceived, to turn an aphorism on its head.

I’ve probably put a bakers’s dozen of your banned handles on ignore, so yes Chrispy, I don’t enjoy your opinion or your incessant need to join a community where you are clearly not wanted. In fact, sooner or later, I will leave since you and GRHorn ruin every thread with your anti-government, anti-American, anti-vax, crypto hot takes. While you, unlike GRHorn, have toned down your rhetoric in an effort to keep a handle for longer than a month, it’s still the same nonsense. Necro bumping vaccine threads to stir shit up. Shit talking America for not hating India. You exist to constantly stir hate and division. 

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39 minutes ago, Neonmoon said:

I’ve probably put a bakers’s dozen of your banned handles on ignore, so yes Chrispy, I don’t enjoy your opinion or your incessant need to join a community where you are clearly not wanted. In fact, sooner or later, I will leave since you and GRHorn ruin every thread with your anti-government, anti-American, anti-vax, crypto hot takes. While you, unlike GRHorn, have toned down your rhetoric in an effort to keep a handle for longer than a month, it’s still the same nonsense. Necro bumping vaccine threads to stir shit up. Shit talking America for not hating India. You exist to constantly stir hate and division. 

Personally, he doesn't bother me but I admit that he does come off as a weird creep breathing weasel.

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2 minutes ago, Longhorn_Fan68 said:

The Breakfast Club Whats That GIF

 

Someone that does a poor job of putting on a facade to hide their true intentions. Usually, they struggle to mimic normal human behavior due a lack of social skills. As a result, whatever they are being sneaky about comes off as creepy.

The vibe is, "that dude is weird, I think he is going to sniff our seats when we leave the room." Although, he might just be waiting to pitch Amway products but he comes off as a sweaty mouth breathing pervert due to their odd weaselly personality.

 

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10 minutes ago, F250 said:

 

Someone that does a poor job of putting on a facade to hide their true intentions. Usually, they struggle to mimic normal human behavior due a lack of social skills. As a result, whatever they are being sneaky about comes off as creepy.

The vibe is, "that dude is weird, I think he is going to sniff our seats when we leave the room." Although, he might just be waiting to pitch Amway products but he comes off as a sweaty mouth breathing pervert due to their odd weaselly personality.

 

-axLP3HpKJ4__rE2qC88CrHxk3mq_Q85WzOqKZ_G

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