Bernie Sanders wants 77% estate tax on the rich... Jeff Bezos would have to pay $100 billiion

J-Fire

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Id take free healthcare over lump sum reparations any day:snoop:

Health care is for everyone. Doesn’t close the black/white wealth gap at all. We have plenty of programs that benefit everyone ...and free healthcare for disabled and low income has exsisted for a long time before Obama was even president.
 

Sukairain

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Great proposal, but it doesn't go far enough for my liking. The cornerstone of my political policy has been for years now, 100% inheritance tax on all estates valued over x amount. I haven't decided on what's a reasonable amount. Personally I think $1m is plenty, but sometimes people can have five or six kids and then that $1m doesn't seem all that much. $5m perhaps.

Even at $1m that rules out at least 98% if not higher of the population. $5m would make it over 99%. So it really makes no sense for people to oppose inheritance tax. Almost certainly, you will never be penalised by it; whilst certainly, you and yours will benefit by it. All the money raised by inheritance tax should be ploughed entirely into fixing the education system, such that ten or twenty years from now, the worst government school in the country gives as fantastic an education as the best private schools used to provide. It is not a tax on the dead, it is an investment in the future.

The only people who will oppose such a scheme are either the power elite or shills for the power elite, or those who are delusional enough to think that they will one day belong to that class. This is because, like Robespierre said, the secret of freedom lies in educating people, and the secret of tyranny lies in keeping them ignorant. They want the public school system to be shyt. They don't want you to be smart, because then you'll buck their system of exploitation.
 
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Where are you morons who say voting does not matter and democrats are the same as republicans? where are the militants to say bernie voted for the crime bill? Its seems there is a very blatant agenda against certain candidates and not others who have bad records on crime and criminal justice.
 

☑︎#VoteDemocrat

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Health care is for everyone. Doesn’t close the black/white wealth gap at all. We have plenty of programs that benefit everyone ...and free healthcare for disabled and low income has exsisted for a long time before Obama was even president.
Nothing will close that, at this point.

Gotta get out there and get it :manny:

some are doing it :manny:
 

☑︎#VoteDemocrat

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100% inheritance tax on all estates valued over x amount. I haven't decided on what's a reasonable amount. Personally I think $1m is plenty, but sometimes people can have five or six kids and then that $1m doesn't seem all that much. $5m perhaps.
yall say the USA is a declining power but aren't forward looking enough to imagine why people invest in the USA
 

J-Fire

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Nothing will close that, at this point.

Gotta get out there and get it :manny:

some are doing it :manny:

Patel this ain’t your lane.

Black median wealth declines every damn year. It’s hitting zero by 2053.

You pay back the stolen wealth...that fixes it. At least 14 trillion in cash plus other programs and policy fixes.
 

Amestafuu (Emeritus)

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Socialism will have you standing in a bread line with poor resource management. Society where gov pension is more than a salary like in Greece.

Mixed economies are fine....like the USA. USA isn’t capitalism. You need to focus on the people that stole wealth through slavery, Jim Crow, reconstruction etc. The economic system is fine...the exploit was human rights issues in which the law ain’t protect black folks.
Me saying that society is scared of the ideal doesn't mean I want socialism. The point is you have a lot to learn from all aspects of governance. All systems. Pure capitalism will have you breaking your back for an undervalued wage in a constantly inflating economy.

The most livable countries in the world combine aspects of everything as needed.

Greece was destroyed because those fakkits were all cheating the system without paying any taxes. :heh: .Now how can you keep taking out without putting in. Having young people on pensions etc. Pure wide spread corruption. Their downfall has a lot more to do with their culture of deception as opposed to their systems of governance .
 

dora_da_destroyer

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How does this help wealth inequality - they give all their money to government for what exactly? And how exactly does this help raise up those at the bottom of the wealth distribution? That’s a bigger concern IMO
 

Scustin Bieburr

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But it’s not going towards reparations....so what does it solve?
You literally have no way of knowing that.

Why are people so opposed to those who have more than 2 lifetimes worth of money being taxed more?? I think one of the following things is happening:

1.people are too scared to think straight and actually read what is being proposed. They just see "higher taxes" and immediately go into panic mode and abandon all logic and reason and start spewing talking points.

2. They are under the illusion that the billionaires actually contribute something meaningful to the economy

3. They are wholly ignorant of the fact that most of the people who are multimillionaires didn't get there with hard work and in fact had the assistance of racial privilege, family inheritance, or dramatically good luck. There are basketball players out there right now that are NBA level or greater and theyll never ball because they weren't at the right place and the right time to be scouted or their highlight reel didn't go viral. There are rappers that can write and rhyme better than jay z or 50 cent or kanye west, but they've just been grinding for 12 years and will never get the spotlight.

4.skepticism over how the money will be used. Which itself is not an argument against the proposal. If the tax dollars are earmarked specifically for things like infrastructure, hospitals, job training and recruitment, pensions, subsidized housing, day care, medical care, then how can you hate on that? How does people who make more in a year than you and your friends will ever make in a lifetime being taxed affect you negatively in any way?

Nobody and I mean NOBODY who has 2 billion dollars has "earned it" anyone who thinks that is delusional. You would be delusional if you think anyone can work hard enough to deserve the GDP of a small country.
 

DJSmooth

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I make a bili you take 50% ok no problem. 77% nah all the hating in my blood can't even agree with that. You have to be a communist to believe taking 77% of someone's check is ok.
 
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