Former President Obama’s senior adviser David Axelrod on Sunday suggested President Biden drop out of the 2024 presidential race in the wake of a new poll showing the incumbent trailing …
The uber rich billionaire do not make up enough people to even amount to a small amount of this additional tax so it is mainly the millionaires who make up much of the middle class. Effectively it is the middle class paying for it.
And what he also failed to mention is that a great deal of capital leaves there country when you start to tax excessively. This is not a question if if but how much. And while that reduces the taxes gained from these individuals, it has a multiplier effect in that it reduces investment into the country thus resulting in less corporate taxes as well as all the personal taxes for that many fewer jobs.
I understand wealth inequality is an issue but people like Bernie only put it simple solutions because he knows people with little economic understanding will eat it up. Worse he knows he is lying which really bothers me more than anything.
Then you were directed to how he said he would pay for it.
Then without pause you start throwing out make believe nonsense while completely ignoring the fully drafted budget.
And at some point in the moderate future, you will start another conversation (or more accurately, scream your drivel into the void) by saying he never said how he would pay for it.
Also, the unmitigated idiocy to say “millionaires who make up much of the middle class” almost guarantees you are a stooge making less than 100k a year who champions to make the rich richer and the poor poorer because you believe some day you’re magically not going to be poor.
Millionaires are not middle class. Not even close. For the record:
“Pew defines “middle class” as those earning between two-thirds and twice the median American household income, which in 2021 was $70,784, according to the United States Census Bureau. That means American households earning as little as $47,189 and up to $141,568 are technically in the middle class.”
I stand corrected. I should have been more precise. Yes he said he would pay for it but he was lying that it could be paid for. The guy thought chevez’s Venezuela was something to praise after all. And many people making 141000 pre year have a million or two in assets. It will be this class that is paying for it and then some as capital leaves.
Pretty sure his tax hike in “millionaires and billionaires” was in the context of income tax, not in the context of someone who saved 100k a year over 10 years.
So, I’ll say you sound selfish, greedy, and like you want to make the rich richer, the poor poorer, you want the masses uneducated, and you want the poor to die of easily treatable medical conditions.
But yes. On prompt “what does tax the millionaires and billionaires”, i dont know the deets.
And your hatred for a model of equal distribution of wealth doesn’t earn you any points with me.
His whole package.
The uber rich billionaire do not make up enough people to even amount to a small amount of this additional tax so it is mainly the millionaires who make up much of the middle class. Effectively it is the middle class paying for it.
And what he also failed to mention is that a great deal of capital leaves there country when you start to tax excessively. This is not a question if if but how much. And while that reduces the taxes gained from these individuals, it has a multiplier effect in that it reduces investment into the country thus resulting in less corporate taxes as well as all the personal taxes for that many fewer jobs.
I understand wealth inequality is an issue but people like Bernie only put it simple solutions because he knows people with little economic understanding will eat it up. Worse he knows he is lying which really bothers me more than anything.
Just like when all of this originally happened.
You say “he didnt say how he would pay for it!”
Then you were directed to how he said he would pay for it.
Then without pause you start throwing out make believe nonsense while completely ignoring the fully drafted budget.
And at some point in the moderate future, you will start another conversation (or more accurately, scream your drivel into the void) by saying he never said how he would pay for it.
Also, the unmitigated idiocy to say “millionaires who make up much of the middle class” almost guarantees you are a stooge making less than 100k a year who champions to make the rich richer and the poor poorer because you believe some day you’re magically not going to be poor.
Millionaires are not middle class. Not even close. For the record:
“Pew defines “middle class” as those earning between two-thirds and twice the median American household income, which in 2021 was $70,784, according to the United States Census Bureau. That means American households earning as little as $47,189 and up to $141,568 are technically in the middle class.”
I stand corrected. I should have been more precise. Yes he said he would pay for it but he was lying that it could be paid for. The guy thought chevez’s Venezuela was something to praise after all. And many people making 141000 pre year have a million or two in assets. It will be this class that is paying for it and then some as capital leaves.
Alright. I see it.
Pretty sure his tax hike in “millionaires and billionaires” was in the context of income tax, not in the context of someone who saved 100k a year over 10 years.
So, I’ll say you sound selfish, greedy, and like you want to make the rich richer, the poor poorer, you want the masses uneducated, and you want the poor to die of easily treatable medical conditions.
But yes. On prompt “what does tax the millionaires and billionaires”, i dont know the deets.
And your hatred for a model of equal distribution of wealth doesn’t earn you any points with me.