They're "putting the country at political risk." There's nothing beyond that. People really think they can reap the benefits of a positive-sum game while destroying the possibility of such games in the future. Most of these people lean liberal! Incrediblehttps://twitter.com/clairlemon/status/1181807893969956864 …
There are legitimate disagreements and discussions to be had about what the government should be in the business of doing and how best to spread the tax burden to pay for it But it's a very bad sign when we're considering taxation **with the intent to reduce citizens' wealth**
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Yup. The federal government has no business deciding how wealthy a person is allowed to be.
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Funny, now they are deciding to help the haves at the expense of the have nots. With many of those haves simply making money on inherited interest. I'm sure the billionaires rest soundly in their beds knowing you are out there carrying the torch for them.
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Taxation reduces everyone's wealth. Only lately the system is rigged against the middle class now.
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I'm talking about absolute wealth — a year-over-year reduction in net worth — and I'm talking about treating this as a goal of taxation.
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