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peterdaou's profile
Peter Daou
Peter Daou
Peter Daou
Verified account
@peterdaou

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Peter DaouVerified account

@peterdaou

War survivor. Former Clinton and Kerry adviser. Jazz musician. Married to @leeladaou. Author of upcoming Digital Civil War: Confronting the Far-Right Menace.

peterdaou.com
Joined December 2008

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    Peter Daou‏Verified account @peterdaou 19h19 hours ago

    POLL: CAP ON WEALTH Would you support a maximum net worth for any individual of $100 million, with every dollar above that going to alleviate hunger, poverty, violence, and disease? Please feel free to elaborate in the comments.

    8:32 am - 4 Jan 2019
    • 206 Retweets
    • 159 Likes
    • chriatine Williams Stelio Lardas rainmaker #Resist Patricia Ann Kopp 🍩 🗳📚💯❗️ 🍓Jeff072792 bigforkgirl Lanette The Strength That I Bring Jodi Elder
    276 replies . 206 retweets 159 likes
      1. New conversation
      2. Daniel Smith‏ @danielbsmith 19h19 hours ago
        Replying to @peterdaou

        I think a high percentage tax on the wealthy is best. A cap would A) never pass and B) discourage competition, business, innovation, etc. So have to say no.

        5 replies . 2 retweets 32 likes
      3. Press, Do Your Job‏ @PressDoYourJob 18h18 hours ago
        Replying to @danielbsmith @peterdaou

        Agreed. Update the AMT, it's really outdated but the concept is sound - make sure everyone pays their fair share.

        1 reply . 0 retweets 4 likes
      4. Doug Murphy‏ @dougEfresh79 18h18 hours ago
        Replying to @PressDoYourJob @danielbsmith @peterdaou

        Right now the AMT only seems to hit the moderately wealthy - those getting $300-600k a year. Seems silly to punish them and let the ultra rich get away with 0-15% net tax rates

        2 replies . 1 retweet 16 likes
      5. Press, Do Your Job‏ @PressDoYourJob 18h18 hours ago
        Replying to @dougEfresh79 @danielbsmith @peterdaou

        Needs severely updated but a cap is not a good idea. The Mitt Romney's paying 12% effective rate is what should change.

        0 replies . 0 retweets 15 likes
      6. End of conversation
      1. New conversation
      2. Susan‏ @OpusInProgress 19h19 hours ago
        Replying to @peterdaou

        No, but laws and loopholes that allow the wealthy to escape taxes the rest of us pay need to be passed/enforced. People of good conscience who are fortunate and creative enough to earn more than that will do good things on their own.

        1 reply . 1 retweet 10 likes
      3. KHK‏ @WhenthereR9 18h18 hours ago
        Replying to @OpusInProgress @peterdaou

        The gap is already too big. You would have to tax net worth to remotely close it, I come won’t cut it.

        1 reply . 0 retweets 4 likes
      4. KHK‏ @WhenthereR9 18h18 hours ago
        Replying to @WhenthereR9 @OpusInProgress @peterdaou

        Oops! Should have read “income...”

        1 reply . 0 retweets 2 likes
      5. Rush Fanatic (Trump is Individual-1)‏ @rush_fanatic 12h12 hours ago
        Replying to @WhenthereR9 @OpusInProgress @peterdaou

        Then tax the net income. 70%. They are the 1%. They can scream all they want. We outnumber them.

        1 reply . 0 retweets 2 likes
      6. KHK‏ @WhenthereR9 8h8 hours ago
        Replying to @rush_fanatic @OpusInProgress @peterdaou

        70% on annual income still wouldn’t make much of a dent. Not when they have had decades of wealth accumulation, but yes, there should be a mechanism that shifts wealth back to the society that made their wealth possible.

        0 replies . 1 retweet 3 likes
      7. End of conversation
      1. MadMom‏ @MadMomNYC 17h17 hours ago
        Replying to @peterdaou

        If you need more than $100m to live a nice life there’s something wrong with you.

        0 replies . 1 retweet 26 likes
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      1. New conversation
      2. Spartacus T Rector‏ @SpartacusRector 19h19 hours ago
        Replying to @peterdaou

        This would be a disincentive for the enginuity the country offers as part of the American dream.

        3 replies . 0 retweets 1 like
      3. Connie‏ @ahau1 18h18 hours ago
        Replying to @SpartacusRector @peterdaou

        I think that’s some Fox News bs akin to you shouldn’t punish success.

        1 reply . 0 retweets 5 likes
      4. Lex Southerland  ✌️ 🖖🏻 🌊‏ @The_PrimeEffect 15h15 hours ago
        Replying to @ahau1 @SpartacusRector @peterdaou

        The person who’s going to want to cure cancer but since he/she can’t buy their third golden shark tank... so they just decide to open a chain of car washes instead. Sounds legit lol. Nikola Tesla died broke.

        0 replies . 1 retweet 5 likes
      5. End of conversation
      1. Elizabeth  🌈‏ @akabeth10 16h16 hours ago
        Replying to @peterdaou

        I don't begrudge anyone their success. It's the greed at everyone else's expense I have a problem with. Appropriate tax brackets, closing loopholes, and maybe rewarding companies who pay living wages seem to me the way to go.

        0 replies . 0 retweets 27 likes
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      1. Like_A_Smart_Person‏ @dontcuckmebro 16h16 hours ago
        Replying to @peterdaou

        Absolutely! No one needs that much wealth, humanity needs to take care of each other, not let the greedy hold everything at the expense of everyone else.

        0 replies . 1 retweet 6 likes
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      1. Joe Marshall‏ @marshall5912 17h17 hours ago
        Replying to @peterdaou

        Yes. There should be a maximum income/worth for all people. Without that, our economic system will always revert to producing Gilded Age levels of inequality.

        0 replies . 1 retweet 7 likes
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      1. New conversation
      2. Troy L Price‏ @TroyLPrice 16h16 hours ago
        Replying to @peterdaou

        Cap on wealth, no. High tax on the wealthy, yes.

        1 reply . 0 retweets 23 likes
      3. 1 more reply
      1. New conversation
      2. Justin P.H. Dixon‏ @BigJoos 17h17 hours ago
        Replying to @peterdaou

        I would make the cap considerably lower.

        1 reply . 0 retweets 4 likes
      3. blown wish ⚡️ 🐍‏ @blown_wish 11h11 hours ago
        Replying to @BigJoos @peterdaou

        I was actually thinking 5 million

        0 replies . 1 retweet 1 like
      4. End of conversation

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