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.@RonBrownstein column does a great job highlighting the sheer enormity of @BernieSanders fiscal plans. I calculate that they dwarf the New Deal, the Great Society, anything Reagan did or McGovern proposed.https://www.cnn.com/2020/01/14/politics/bernie-sanders-proposals-cost/index.html …
Every other country that seeks to build this kind of very generous welfare state finances it w/ broad middle class taxes, not punitive taxes on .1 percent of the population. At a certain point @SenSanders and @ewarren may have crossed into where taxation blurs into confiscation.
How is a #WealthTax on #Billionaires "punitive"?
Go eat some more pie.
Raising taxes on some of the highest earners and corporations to levels belows historic highs is confiscation...got it.
Seems like more of a confiscation of a livelihood for the middle class.
No one called it confiscation when the 10%-15% for so long have been paying higher tax rates than the 1%. However, when it comes to the 1%, it’s confiscation.pic.twitter.com/nTqABJtr7Y
We get taxed for EVERYTHING! Geezus, we’re not confiscating anything. We’re asking the 1% to pitch in to help lift those left behind. After all, it was Wall Street who caused the recession in 2008; while our government gave them a huge bailout, yet, left millions homeless.pic.twitter.com/oGLVRarwjV
funny how you gloss over how those other countries also tend to tax their wealthiest individuals (and especially their inherited wealth) much more than the US does. You are so ridiculously out of step and out of touch.
Their capital income taxes are in line with American ones post-Trump tax cuts, and Canada abolished the inheritance tax under Mulroney.
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