This is why we need to tax the wealthy

[Nostra]

The Government could seize EVERY PENNY from EVERY Billionaire in the US and is would barely cover two years of Biden DEFICITS, much less any of the debt.

a wealth tax is the dumbest idea ever conceived, and is aimed at the dumbest of the dumb……which the OP is.

Forbes Billionaires 2024

Forbes presents the 2024 World's Billionaires List. View the richest people in the world including the youngest billionaires, female billionaires and newest billionaires.

www.forbes.com

 

[pknopp]

The Government could seize EVERY PENNY from EVERY Billionaire in the US and is would barely cover two years of Biden DEFICITS, much less any of the debt.

How much of Trump's 7.8 trillion would it cover?

 

[Nostra]

How much of Trump's 7.8 trillion would it cover?

Seek help soon.

 

[scruffy]

The rich also buy lots of government paper.

But that's the point!

The poor don't, and can't.

Even the middle class is having hard times along those lines.

Look - when I was 10, any Tom Dick or Harry could take 37.50 to the local bank and buy a Series E Savings Bond. Invest in the country, and make money doing it. All good.

NOW, the smallest investment is 1000 dollars for a T-bill. Who's got 1000 dollars lying around? No one! Not even the middle class.

 

[Billy000]

Seek help soon.

You really walked yourself into that one lol

 

[scruffy]

The Government could seize EVERY PENNY from EVERY Billionaire in the US and is would barely cover two years of Biden DEFICITS, much less any of the debt.

a wealth tax is the dumbest idea ever conceived, and is aimed at the dumbest of the dumb……which the OP is.

Forbes Billionaires 2024

Forbes presents the 2024 World's Billionaires List. View the richest people in the world including the youngest billionaires, female billionaires and newest billionaires.

www.forbes.com

How about we just take Soros' money and forget about the rest?

Soros wealth would house every man, woman, and child in America for 41 years.

 

[Nostra]

You really walked yourself into that one lol

Didn’t walk into anything, Simp. P-Nutt is just another single digit IQ Dimtard who is incapable of addressing the point of a post, and spews his TDS induced dumbassery thinking it means something.

BTW, you thread is still the dumbest ever, anywhere on the internet, Vermin.

 

[Billy000]

Didn’t walk into anything, Simp. P-Nutt is just another single digit IQ Dimtard who is incapable of addressing the point of a post, and spews his TDS induced dumbassery thinking it means something.

BTW, you thread is still the dumbest ever, anywhere on the internet, Vermin.

So what was Trump’s actual contribution to the debt then? You know the one he managed to skyrocket in just 4 years lol

 

[pknopp]

So what was Trump’s actual contribution to the debt then? You know the one he managed to skyrocket in just 4 years lol

For some reason Trump's debt doesn't seem to count or matter.

 

[Billy000]

For some reason Trump's debt doesn't seem to count or matter.

Anything that doesn’t coddle their fragile preconceived notions is fake news. They are the queens of all snowflakes

 

[Nostra]

This describes you Billy000 pknopp

 

[Nostra]

How much of Trump's 7.8 trillion would it cover?

Not even the part when it blew up when Nazi Piglosi got control of the purse strings, Vermin.

 

[pknopp]

This describes you Billy000 pknopp


View attachment 884273

I found it odd and sad that you think addressing our debt is simply a liberal position.

 

[pknopp]

Not even the part when it blew up when Nazi Piglosi got control of the purse strings, Vermin.

Nothing passes without Trump signing off on it.

 

[Ghost of a Rider]

lol so you would expect those tax laws to be enough to cover this huge cost AND what those taxes already pay for?

Something you need to understand: we are not in our current predicament because the government didn't tax the wealthy enough, we are in this predicament because of frivolous governmental borrowing and spending.

 

[pknopp]

Kids in the House - Grade School - How a Bill Becomes a Law

For those ill informed.

 

[pknopp]

Something you need to understand: we are not in our current predicament because the government didn't tax the wealthy enough, we are in this predicament because of frivolous governmental borrowing and spending.

Much of it to enrich the rich.

 

[GMCGeneral]

The biggest problem we have in our economy right now, is the disparity between the top and the bottom.

So you think high confiscatory taxation is the answer? You really think a top executive really needs to make the same amount as the entry level janitor?

 

[Ghost of a Rider]

Much of it to enrich the rich.

Like I said, frivolous.

 

[Billy000]

Something you need to understand: we are not in our current predicament because the government didn't tax the wealthy enough, we are in this predicament because of frivolous governmental borrowing and spending.

I really find it bewildering you people do not understand the harm of huge tax cuts. It’s just so goddamn obvious logic. Yes, spending is too high - you are correct. This however is only half of the problem. If you pass massive tax cuts and do not reduce spending, the deficit is obviously going to be even higher. That is exactly what Trump and republicans do