People with that kind of money run the country and won’t allow this to happen. I think the theory behind his suggestion is to limit the power of powerful people to influence political processes. He doesn’t want oligarchy or feudalism type of capitalism. Other western countries are also worried about it. Capitalism may come in different forms.
Jealocy and Envy have entered the chat. Bernie has no idea about free market capitalism or how the economy works. All he cares about is his Government Socialism effort to redistribute income and wealth to make everyone equal…equally poor.
BTW a 100% tax on income over $1 Billion will produce exactly $0.00 in revenue.
lol. There is no income that high. Bernie doesn’t even know how capital gains work.
People making $18k a year: “😡 and that’s why I would NEVER vote for a Democrat!”
Populism.
How many people have income of a billion USD annually?
This post again?
I think a simple like “net worth tax” of 2-3% on individuals worth over $500 million or more would be a decent idea
Out of context rage bait title designed to make Bernie sound like a loon
Who the fuck has income over a billion dollars? Definitely not any individual…..
More lies, income of $1 billion for individuals doesn’t exist. they have wealth they control through many many legal means but they never let it land as income in one block or calender year.
In fact the only sucker this would snare is the occasional powerball winner.
More b.s from an old guy who did good things but is full of it. Get corporations to give profits held back to employees and layoffs get taxed 50% to pay for unemployment. Then you will see wealth distribution.
“Old man yells at clouds”
Stuff like this really highlights the difference between people that have a practical understanding/approach and people that just want to cause problems despite zero chance of success.
Do it! I double dog dare you.
Considering most billionaires borrow against their assets thereby not having a taxable event, this is all worthless rhetoric.
All for it. But does he pays his taxes?
Does he say this once a week?
This looks like a time bomb for the future, no one is taking $1B as income, but as inflation increases it will eventually happen.
Does anyone actually report a taxable income over $1 billion?
Just rhetoric to get the commies and socialist parasites excited.
He’s trying to save his political career after he backed Israel and rejected a ceasefire contrary to what almost every single one of his supporters would have ever imagined.
Bro sold out to the DNC and just wants to make headlines. This doesn’t make sense and he knows it
21 comments
People with that kind of money run the country and won’t allow this to happen. I think the theory behind his suggestion is to limit the power of powerful people to influence political processes. He doesn’t want oligarchy or feudalism type of capitalism. Other western countries are also worried about it. Capitalism may come in different forms.
Jealocy and Envy have entered the chat. Bernie has no idea about free market capitalism or how the economy works. All he cares about is his Government Socialism effort to redistribute income and wealth to make everyone equal…equally poor.
BTW a 100% tax on income over $1 Billion will produce exactly $0.00 in revenue.
lol. There is no income that high. Bernie doesn’t even know how capital gains work.
People making $18k a year: “😡 and that’s why I would NEVER vote for a Democrat!”
Populism.
How many people have income of a billion USD annually?
This post again?
I think a simple like “net worth tax” of 2-3% on individuals worth over $500 million or more would be a decent idea
Out of context rage bait title designed to make Bernie sound like a loon
Who the fuck has income over a billion dollars? Definitely not any individual…..
More lies, income of $1 billion for individuals doesn’t exist. they have wealth they control through many many legal means but they never let it land as income in one block or calender year.
In fact the only sucker this would snare is the occasional powerball winner.
More b.s from an old guy who did good things but is full of it. Get corporations to give profits held back to employees and layoffs get taxed 50% to pay for unemployment. Then you will see wealth distribution.
“Old man yells at clouds”
Stuff like this really highlights the difference between people that have a practical understanding/approach and people that just want to cause problems despite zero chance of success.
Do it! I double dog dare you.
Considering most billionaires borrow against their assets thereby not having a taxable event, this is all worthless rhetoric.
All for it. But does he pays his taxes?
Does he say this once a week?
This looks like a time bomb for the future, no one is taking $1B as income, but as inflation increases it will eventually happen.
Does anyone actually report a taxable income over $1 billion?
Just rhetoric to get the commies and socialist parasites excited.
He’s trying to save his political career after he backed Israel and rejected a ceasefire contrary to what almost every single one of his supporters would have ever imagined.
Bro sold out to the DNC and just wants to make headlines. This doesn’t make sense and he knows it