Taxing billionaires out of existence should be a completely mainstream idea in the Democratic Party. The longer it takes to get there, the worse things get. www.hamiltonnolan.com/p/confiscate...
Taxing billionaires out of existence must become a mainstream idea.
It’s amazing how many problems we’re facing have their roots in the over-accumulation of capital.
"Vacuous Democratic political strategists will say: That plan will get you branded as communists! So? The Republican party will always brand Democrats as communists no matter what. Hell, they branded Bill Clinton as a communist." Let them.
Tax them 'til they faint.
John Milton's griffin simile: "...As the griffin pursues his gold, Satan pursues his way, gold and way having been lost through a notable failure of 'wakeful custody,' for neither the griffin nor Satan knows what is truly worth guarding." - Karen L. Edwards, Milton and the Natural World pp.105-107
I don’t even have to look at my hole cards, I’m going all in just from the headline.
In order for We the People to form a more perfect union we need to abolish obscene levels of wealth inequality. A basic living income for everyone paid for by taxes levied on the wealth of individuals and corporations. When wealth increases then so does the basic living income of everyone else.
At the very least, they shouldn't exist while homeless people and children going hungry at night exist. I'd have a lot less problem with obscene wealth if the poorest in our society at least had decent food, a safe, clean place to live and access to all the healthcare they want.
The genius of this tax plan is that we can tax billionaires at 100% and they'll just earn it all back because of their superior work ethic and intelligence. That's what we've been told, right? That they're wealthy because they're all smarter and work harder than everyone else...
How? Democrats, right. Billionaires n U.S. MNCs shift $ with the historical support of Republicans n Democrats. Familiar with check-the-box, subpart F (outsourcing jobs thr the tax code), tax havens (no, not Bermuda...European countries) etc n how the OECD, say the U.S., deals with this? Complex.
Shit I’d put the bar way lower than that