Jump to content

Bernie Sanders: Confiscate Wealth Above $1 Billion!

Reagan

By Reagan
in Political Forum

 Share

Recommended Posts

BS Wildcats

BS Wildcats

Posted
Posted
2 hours ago, baddog said:

The professor on “ Back to the Future”? He’s just angry because he is only a millionaire. What a putz. 

Making sure he doesn’t have to pay more.  Wonder if he uses the same loopholes in the tax code that Trump uses?  Answer, you bet he does, but all liberals think Trump doesn’t pay his fair share.

Link to comment
Share on other sites
UT alum

UT alum

Posted
Posted
23 hours ago, Reagan said:

He says anything above $1 Billion should go to the government.  Why go there?!  

This is the hidden content, please

 

@Big girl @UT alum @DonTheCon2024 @Boyz N Da Hood    What say you?!

Bernie did a lousy job of getting a point across.  His argument, led somewhat by Wallace’s questioning, confused income with wealth.  He wants a progressive rather than regressive income tax. I haven’t heard of anyone earning a billion a year.  But his argument seemed more focused on the wealth gap, not the income gap. Estate tax manages the wealth gap. I got no problem with maxing inheritances at a billion. 

Link to comment
Share on other sites
LumRaiderFan

LumRaiderFan

Posted
Posted
10 minutes ago, UT alum said:

Bernie did a lousy job of getting a point across.  His argument, led somewhat by Wallace’s questioning, confused income with wealth.  He wants a progressive rather than regressive income tax. I haven’t heard of anyone earning a billion a year.  But his argument seemed more focused on the wealth gap, not the income gap. Estate tax manages the wealth gap. I got no problem with maxing inheritances at a billion. 

That’s because you’re not a billionaire.

Link to comment
Share on other sites
CardinalBacker

CardinalBacker

Posted
Posted
On 5/2/2023 at 3:55 PM, UT alum said:

Bernie did a lousy job of getting a point across.  His argument, led somewhat by Wallace’s questioning, confused income with wealth.  He wants a progressive rather than regressive income tax. I haven’t heard of anyone earning a billion a year.  But his argument seemed more focused on the wealth gap, not the income gap. Estate tax manages the wealth gap. I got no problem with maxing inheritances at a billion. 

I favor a progressive income tax, but something is bad wrong when the upper tax brackets are over 50% (on those who actually pay taxes on their income).  

We pay property taxes on things we own... but we don't pay sales taxes on our real property when it's purchased.  Morally I have a problem with paying tax on income as it accumulates, but then having to cede most of it when I pass, also.  It's always the have-nots who think nobody else should be doing any better than them.   

Neither the state, nor the general public have any right to my estate in front of my heirs.... and to state "well, they should cap that... we deserve that inheritance, not that man's family" just doesn't ring true in a free society.  The idea that my kids will have to sell off  land that's been in my family since the 1800s just to pay off an inheritance tax is preposterous.  Or at least it used to be.  

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
 Share
Go to topic listing

  • Member Statistics

    46,199
    Total Members
    1,837
    Most Online
    Daniel Hernandez
    Newest Member
    Daniel Hernandez
    Joined


×
×
  • Create New...