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Showing Original Post only (View all)Note To Bloomberg: Like A Lot Of People, I Own A House. And Every Year I Have To Pay... [View all]
...every year I have to pay a 2% property tax on it. It's not an income tax, it's a PROPERTY tax. And property is a form of static wealth. It's not easy to get the money, in fact it eats up about 20% of my net income. I usually have to save it. Sometimes I have to sell something I don't want to sell. But I pay this tax on my WEALTH, in order to maintain my city's schools, roads, sewers, police and fire departments etc.
So, this idea that a wealth tax is a SHOCKING, RADICAL, SOCIALIST IDEA is bullshit. Regular people pay 'wealth taxes' every day.
It's only to people like you, who are worth 48 BILLION DOLLARS, who have gotten used to paying a 15% Capital Gains tax, and gotten used to politicians who flatter you by telling you you're better than regular people because you're a 'job creator' as they're begging for campaign donations that the idea sounds "radical." GET OVER IT.
I understand that it may be a bit of a shock to suddenly have politicians who don't say that anymore. Apparently you didn't manage to bribe them ALL, but that's a good thing.
And while we're at it, will you billionaires STFU about Venezuala being an example of a 'socialist country?' It's not. It's an example of a kleptocracy that CALLS itself a socialist country.
If you want to wave around an example of a REAL democratic socialist country, try Norway, or Sweden, or Denmark, or Holland. Or...heck...maybe even ALASKA, where they TAX the oil companies for the oil they drill out of public land, and then DISTRIBUTE THE WEALTH that's generated among the citizens of Alaska.
If you don't stop name dropping Venezuela as an example of democratic socialism, we're going to start name dropping the best example of a true CAPITALIST country. That would be RUSSIA. Very few govt regulations, and a nearly flat tax rate, combined with plutocrats carving up the countrie's resources. You get a country where FIVE OLIGARCHS own all the wealth in the country, and use it to control the political system to their advantage. The country produces and sells NOTHING BUT OIL AND WEAPONS, and the average per capital income is about $5000.
If Russia seems ugly to you, take a good look, because that's the direction WE'RE headed. Yay for capitalism!