- Jan 23, 2021
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Well that should stick a fork in Ramaswamy. What an obnoxious position -
"In a conversation with radio host Michael Smerconish, Ramaswamy somewhat stood behind the idea that America should implement a 59 percent estate tax – otherwise known as a “death tax” – at minimum. His only qualm with the idea was seemingly that it was “unimplementable in the current system” and that there would be “consequences” politically. As too many American small business owners and farmers know, however, the consequences of the death tax are more than just political.
The question originated because of a quote in Ramaswamy’s 2022 book, Nation of Victims. In the book, Ramaswamy writes about the estate tax thusly:
"We shouldn’t allow people to become billionaires just by having rich parents". Who's we, asshole? Hey Swamy, go fuck yourself.
"In a conversation with radio host Michael Smerconish, Ramaswamy somewhat stood behind the idea that America should implement a 59 percent estate tax – otherwise known as a “death tax” – at minimum. His only qualm with the idea was seemingly that it was “unimplementable in the current system” and that there would be “consequences” politically. As too many American small business owners and farmers know, however, the consequences of the death tax are more than just political.
The question originated because of a quote in Ramaswamy’s 2022 book, Nation of Victims. In the book, Ramaswamy writes about the estate tax thusly:
There’s a lot to unpack with this section of the book. First, “Piketty and Saez” refer to Thomas Piketty and Emmanuel Saez, two progressive economists. They are widely known for their economic model that suggests the most effective method of curing income inequality is high taxation and indicts free market capitalism as the cause."“Piketty and Saez are proposing a dry, yet elegant answer to the question, one that both tells us who the worst off are and helps us prevent Wilt Chamberlain’s talentless grandchildren from ruling the world… Piketty and Saez’s equations spit out the answer that the optimal inheritance tax in the United States is 59 percent… I’d take the figure Piketty and Saez arrive at as a minimum. We shouldn’t allow people to become billionaires just by having rich parents.”
"We shouldn’t allow people to become billionaires just by having rich parents". Who's we, asshole? Hey Swamy, go fuck yourself.
Ramaswamy Death Tax Idea Should Be Dead On Arrival | Taxpayers Protection Alliance
Presidential politics are in full swing. The early days of the campaign are always entertaining, as many candidates introduce themselves to the American public with some unique ideas for their would…
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