wealth tax isnt even about money its about stealing control of companies from its owners
>>536987092I don't care.
>>536987092Maybe you shouldnt put your companies in the stock market then?
how many multi billion dollar companies do you own?
>>536987092Its communism. Yes. Were you in a Coma?
>>536987092I agree with this simply because of the experience I have had in the workforce. No matter where I go I am a top performer but I always get passed over for promotion in favor of some nepobaby or some foreign woman filling a DEI slot. Fuck these companies.
>>536987092PLEASE THINK ABOUT THE BILLIONAIRES
>>536987092Wealth tax is about self preservation. There is a limit to how much someone can spend on themselves and others. Say even if you try really hard, you might be able to spend $100.000/month on a luxurious lifestyle. But what if you earn $200.000 month? The remainder $100.000/month will lose 2-10% of value (inflation) annually.So instead you buy assets which preserve their value, like houses, land, stock, etc. So guess what happens now: You own a bigger share of the economy AND the assets you just purchased will increase your income (dividends + rent), so now instead of $100.000/month left over, maybe you have $110.000/month left over to spend, so now you can buy even more assets, which brings up the asset prices because it increases the scarcity of them. If you allow this system to exist, over a long enough period of time, someone will end up owning everything and you'll be locked out of owning land, property, stock, etc; It's not a question of IF this will happen, but of WHEN this will happen. Wealth tax is meant to prevent this from happening. It doesn't matter if the government isn't able to use it, it's not about welfare. It's about taking away the ability to accumulate wealth without creating.
>>536987442>some foreign woman filling a DEI slot. Fuck these companies.thats literally the govts fault
>>536987595>There is a limit to how much someone can spend on themselves and others. Say even if you try really hard, you might be able to spend $100.000/month on a luxurious lifestyle.why would you limit the ability of the rich to give money to the worker through purchasing things?
>>536987442Try starting your own company maybe? If you know what you are doing people will invest.
>>536987092Save the trillionaires
>>536987442>no matter where I go I am a top performeryou shouldn't be, that's not how companies workif you're the best in your position, it means your boss will have difficulty finding a replacement for you if you get promoted, so they keep you there the only time when you have to overperform is when your performance is monitored and objectively graded (like how many sales u have as a salesmen) and the people doing the promoting HAVE to pick the top performer (contest based) in 90% of the cases, this is not happening and promotions are fully at the bosses's discretionso in this case you just gotta do the bare minimum and be liked by the boss
>>536987653I'm not limiting anything, im just being realisticmost people don't spend money just for the sake of spending money, they spend money if there's something they want and they can afford it, even if you're ultra wealthy, u're not going to spend just for the sake of spending, so naturally, you'll have some left over, which is going to be used to purchase assets
>>536987600So Trump is the reason for it?
>>536987175THATS A DANGER TO OUR DEMOCRACYSTONK MARKETS ALLOW THE PLEBS A PIECE OF THE ACTION CAPITALISM IS UNBELIEVABLY DEMOCRATIC THEY SHOULD STOP IT FRANKLY AND GO COMMIE
>>536987762I’m working on something. I don’t want investors and I want minimal loans.
>>536987919>>most people don't spend money just for the sake of spending money, they spend money if there's something they want and they can afford it, even if you're ultra wealthy, u're not going to spend just for the sake of spending, so naturally, you'll have some left over, which is going to be used to purchase assetsagain, why impose limits on hw much they can spend, you are forcing money to stagnate >>536988031anyone that supports govt enforced DEI hiring policies and importing more workers is at fault
>>536988181im not forcing anything dumbass, im telling u what they do spend if u make 1 million a month you're not going to spend it all because the shit people buy isn't worth that much, what are you going to buy??? a new lambo every week??? dumb ass nigger
>>536988308you are forcing people to stop buying artisanal high quality goods crafted by educated specialists and forcing money out of the luxury industry where many people work, wealth caps are anti-worker
>>536987092>WON'T SOMEONE THINK OF THE BILLIONAIRES? I don't give a fuck if you lose control of your "business" you god damn kike. They're not real, stock market is gambling and bullshit.
>>536988640>They're not realso why do you care it does not affect you
>>536988483this thread is jewishop is a faggot who is playing stupid point is, the ultra rich always have money left over, and that money is used to buy assets like land, houses, etc, things that maintain value and are limited, this brings up the price, increases their income, and doesn't create wealth, but accumulates it, if they do this enough, over enough time, one single person will own everything and you'll own nothing a wealth tax is necessary to preserve people's freedom and ability to own land
>>536988719what if something costs 5 million dollars and his income is only 1 million dollars a month and hes trying to save 5 million to purchase that thing. you're gonna prevent a wealth transfer into the hands of the workers who built the thing with your wealth caps
>>536988695
>>536988818then for the sake of preserving your ability to own land and assets, you should discourage or disable anyone's ability to earn that money through anything but work
>>536989595hard disagree cause many historical buildings are owned and preserved by the rich, without which would go into ruin
>>536987092Makes sense. If my 10 shares has the same vote as your 10,000,000 then why is my asset valued the same as yours.
>>536989714and many are destroyed by others, not an argument
>>536989909thats solved by historical preservation laws, not a wealth tax
>>536987092Yes. Governments do not need to collect taxes because they need the money before they can spend -- governments ISSUE money. They have to spend it FIRST before anyone else -- including billionaires -- have any money on which to be taxed in the first place.You tax billionaires and other wealthy people to erode their ability to influence the State.Everything in the state, nothing outside the state, nothing against the state.
>>536989953dope, those aren't mutually exclusive and both can happen at the same time, so why even bother to bring it up, are u an exhausted shill who doesn't understand what he's even arguing about anymore?
>>536990032youre the one with no response here m8, ive closed off your argument and you keep wanting to go that way. this is settled.
Are the "rich" personally doing the labor that maintains and preserves these historical buildings?Or are they just using their money to pay other people to do the work? Because the State has no shortage of money.
>>536990108Lmao you just go straight to alternate reality? Not even an attempt. Did you know I can see you?
>>536987092>taxed on the voting interesti'm not smart enough to understand this.can someone explain what it means?
>financial stake 0>voting stake 100>vote to give myself a billion dollars>pay zero tax because i don't have any financial shares :^))))fucking retard, that's why
>lol
>>536987092Pay up hedgie
>>536987092companies don't have to sell off portions of their ownership via stock
>>536990299why would you want to pay tax and fund the nigger loving government
>>536987092Whaha wahaha whahaha why doesn't the Government just let Jews rape the nation whahaha
>>536987092Good news is that a wealth tax will never be ruled as constitutional, and Democrats are too big of pussies to ever push an amendment
>>536990461The government doesn't need your tax money to fund itself. Why can't you people understand this?
>>536987442DEI hiring practices as government jobs is 100x worse When everything is a communist government ran hell, they will make sure to keep white people in the worse jobs and give blacks and women management do nothing jobs
>>536987092Billionaires take loans against their assets like stocks, and those loans are given through fractional reserve banking. It is a method of stealing wealth from everyone holding dollars. Billionaires, and now Trillionaire should be "robbed" because they have money they literally fucking stole from the rest of us.
>>536990593It's insane that if you baby sit and take $600 through Venmo it's counted as incomeBut Elon can leverage his $1T to get a $1b yearly loan to live from and there's nothing that can be done about that.Loans not used for real property purchases and maybe cars/boats should count and be taxed as income, idk why nobody is demanding anything be done about this
>>536990494congress has the power to tax, as do state governments>it's not a tax, it's a takingno, it's a tax, the takings clause was about arbitrary confiscations not general levies, which were long established within English common law. When kings were taxing percentages of "all movable property" for the hundred years war it wasn't based on whether it was earned within the year, property taxes are legal and routine in the US, etc.>but they're really really rich and will bribe the supreme courtmaybe, but people need to understand that's what happened, if it does
>>536990801They have the power to tax income, not wealth
>>536990749just sounds like income shouldnt be taxed at all
>>536987092Bith the state and the corporations are soulless parasites who dont deserve any sympathy
>>536987092Good. Boomers shouldn't be allowed to control what they have.
>>536987794maybe in your fake countryt. fortune 100 first level manager
Americans need nationalization of assets.>What about private propertyThere is no private property, the government uses these companies as NGO, hence Trump walking Elon around on a leash after hiding the Epstein files. >What if Jews control the governmentJews already control both monopolies and both the executive and legislative branches. Allowing state governments executive authority would be a dilutionary measure.
>>536987092when those jewish megacorps start to go under, they get bailouts from the government with your tax dollars.those jewish megacorp CEOs dont mind communism when it solely benefits them.
>>536991073definitely for all of jeetlons companies, considering theyve only been able to exist this long with massive government subsidies and handouts.
>>536990749>Elon can leverage his $1T to get a $1b yearly loan to live fromInteresting. How many times has he done that? Does he ever have to pay back the loans?Can you take out loans on your stock holdings?Bonus question. How do you suppose the government stealing more money from other people will improve your lot in life?
>>536987092Based
>>536988719>op is a faggot who is playing stupidding ding ding
>>536990873where does it say that they can't tax wealth in the constitution, and how are property taxes constitutional in that case?A federal wealth tax might be difficult because of apportionment since the super rich are concentrated geographically, but there's no obstacle whatsoever to a state one
>>536987092a 5% wealth tax (over a certain threshold of wealth) could add enough to pay off the US national debt, create sustainable social safety nets like affordable heatlhcare, and STILL allow all the richest people to remain billionaires.
>>536987092The United States is inflicted with commies now. We lost the Cold War. The US is the new USSR. A wealth tax will end any semblance of capitalism. A new Red Scare is necessary to preserve democracy and American freedoms.
>>536991487a broad over-arching democracy is a disease and creates a tyranny of the masses.
>>536991437You don't understand what the national debt is.
>>536991055No you aren't
>>536987092The problem is that non-business owners will never understand why this is a problem because they have zero intention to ever create projects & instead expect all aspects of society that require initiative to be outsourced to someone else. They want to be forever wagies who are wholly dependent on the structures around them in hopes of it ensuring their welfare instead of taking leadership positions over these structures to dictate how they interact with the wider society at large; their position in life is to crave an eternal state of learned-powerlessness.
>>536991241He just gets another loan to pay back the previous ones using his ever growing stock as collateral
>>536991800Honestly kys. He's literally kvetching that his jewish schemes of issuing shares with different classes is legitimate. If you want to be a privately owned business, don't go public. Fuck off. IDK how this shit is even legal.
>>536991572shut the fuck up pajeet
>>536991571jewish tricks?
>>536992066No. It's just a record of money the government has spent into the economy that has not been removed through taxation that the public is holding as treasury securities. Most of the national debt is bonds held by social security and medicare -- it's your money!
>>536992182soooo.... jewish tricks
Good. Fuck Tranny commies and capitalist pigs.I believe National Socialism was the only socioeconomic policy that had ever worked out as it should have. The rest are retarded and if you deny it, so are you.
>>536991055t. Fortune 100 wage slaveEverything that Romanian said is correct and you're a faggot.
>>536992304Engaging with rightoids is pointless. Go vote for Randy Fine, larper.
>>536987092Nobody cares about your mom+pop restaurant. This is about fleecing jews.Which is why it'll never happen.They're telling you it's about your pitiful chump change inheritance so you'll oppose it on (((their))) behalf.As usual, the problem is jews and jewish power and their propaganda. And the dumbfuck goyim that fall for it every time. Wise up.
>>536992434are you lost? this is /pol/, there are no right wingers here
>>536987092Good.
>>536987595>>If you allow this system to exist, over a long enough period of time, someone will end up owning everything and you'll be locked out of owning land, property, stock, etc;This so much. Explains why the Vanderbilts own all of America and no one else has owned any land, stock, or property for decades now. Thank you, based Picketty.
>>536992182>Guis the debt is held by the social security fundSocial security fund: 2.8 trillion dollars.US debt: 39 trillion.
>>536990749>idk why nobody is demanding anything be done about thisreally?you really can't figure out why?
>>536992617the period post great depression and post ww2 especially has seen an immense redistribution era where the ultra wealthy paid 91% income tax, if u look at inequality pre 1930's, it was much worse than today, then post 1950's inequality is very low, CEO's make like 20-30 times a worker, homes and land are affordable and accessible to the average person and as time progresses that is degrading more and more
>>536987092yes, and that faggot’s scam companies in particular
>>536992505US debt isnt held by social security. The US debt is 39 trillion, the social security fund has 2.8 trillion. At best the US owns less than 10% of the debt to itself, and its dubious to call that fund an asset since its earmarked for someone else (pensioners).The other 36 trillion are owed to a plethora of wealthy people, some national governments too, like arabs, japan, but mostly rich people that need to park their profits, profits they have no use for otherwise.
>>536993382>where the ultra wealthy paid 91% income taxWhy do you subhumans continue to try to peddle this nonsense?
>>536994153google it jew, it's free, just like u like it
>>536987653They aren’t buying labor or products nigger
>>536989714>historical buildingsYou die on that mold covered hill. We’ll take new construction.
>>536987092Companies are the owners retard. The biggest ones are just state proxies. The concept of capital was captured by banks with the federal reserve. You live under a system known as inverted totalitarianism and ultimately its just another sock puppet for fuedalism. Socialism for the rich and peasants living under terrible terms with zero free time. To keep you locked down, isolated and depopulating yourselves. Thats why they are working on replacing you all with machines as the next stage. They aren't just going to keep people around as entertainment.
>>536987168FP BP
>>536987762The market is fully saturated. The only industries where there is something new to invent or add are the industries with insane barriers of entry
>>536993382>the ultra wealthy paid 91% income tax,haha yes I remember when they did that
>>536995947>insane barriers of entryIf you make any product that can be weaponized which is broadly almost anything with an edge on efficiency it automatically gets labled as secret by the patent office full of glowies and it's pretty much the MIC and DOE letting things trickle out. If you try to get around it for personal gain they murder you. So far I have seen a single person do a significant discovery open source the right way and put it everywhere.
>>536995543Ignoring the reality of tax havens and the mountain of loopholes that existed before the '80s. Rich people have never paid INCOME tax because they don't fucking get paychecks you stupid fucking mongoloid.
The USA is a Communist shithole. The taxpaying citizens are being stripped of their wealth & resources, it's all being siphoned away, given away, to the globalist megacorps that own the government. None of it improves the lives of America, every bit of it is designed to erode & destroy it for the enrichment of the grabbling uni-Party Elites.
Private companies don't have shares though? If you issue shares it's no longer private
>>536990593This is the main point. And taxing isn't enough. Distribute the actual ownership and keep government the fuck out of it. There's still going to be billionaires but employee owned cooperatives is the way to go (over 100 employees or something).
>>536996562loopholes allowed them to pay less but not zero the post ww2 era was infamously an era of socialism and high taxes, just because you don't know and are too lazy and stupid to google this doesn't mean it's not true
>>536987175>noooo you cant just start a company and then let people invest in it!!!!!!!!fuck off jew
>>537000405Valve would like a word faggot
>>537000405You can, you will just get taxed more along with the board.
>>536987346The Grape of Hormuz didn't just cost Americans their empire, it costed us our Fre(edom).
Someone think of the poor megacorporations
Listen the 5 year plan by stalin was siezing private companies. This is raising money.
>>537002524Someone think of the MWO, Palantir, and programmable digishekels.
>>537002577They're seizing 401ks too with IPO bailouts for tulip maniar and MuskX.
>>536987092
You people are so fucking stupid the businesses control the government not the other way around. Source: common sense and everything that has ever happened in the sphere
>>537002675yeah no shit, and people whining about a tax
>>536987595The bottom 75% should be allowed to hunt down and cull the top 5% every 10 years.
>>537003097Well when the sole point of parasocial media is to craft LCD dissent and label them domestic baddies, you can't go beyond muh ebin corpro rations. Gotta keep it real simple. No David Webb, no Mason Dixon, and no Homie Hross.
>>536994153>>536995543>>536996065>91% income taxthat's why rich people work very hard to not have "income" like a pleb. you need to shut off the ability to live off loans taken against your unrealized assets. Tax that asset at 91% if its used for a loan.
> "Stealing control from its owners.">> You mean the owners who bought the legislature, wrote the tax code, and built their empires on defense contracts funded by your taxes. Palmer Luckey's entire business model is government money. If his shares give him 10x the votes he holds 10x the control — taxing that isn't theft, it's patching an exploit he wrote himself.>> And you're out here in cardboard armor defending his right to keep it.
>>537000102You could literally put your money in the bahamas, or any other tax haven, and pay nothing, jamal. No one paid a 95% tax rate, on income or otherwise. It's one of the most retarded lefty fantasies around.
>>537003792Or, and here me out here, we could just get rid of leftists and their brown pets and save several trillion dollars a year.
>>536987092fuck the richlife isn't fair
>>537000405You can invest in private companies.
>>536987092no shit, only braindead leftists don't see that the wealth tax is a massive step toward Communism by preventing people from owning large companies. The college idiots who don't realize that think that Elon Musk is just sitting on a trillion dollars of gold.>>536987175it doesn't matter. Twitter is no longer publicly traded but its speculated value is still considered part of Elon's net worth. Leftists don't believe that people should be allowed to own companies.
>>536987595Then instead of taxing wealth, pass laws or regulations limiting ownership of hard assets like land to a specific (low) amount per person. Say, you can only own X number of acres per land.Leaves the wealth but you can no longer really do anything with it for yourself, so may as well give it to friends, family, children, charities, etc.
>>537004248It's not a "lefty fantasy". It's a narrative that reifies and reinforces the general right wing assertion that the State requires the collection of taxes in order to fund things that the State wants done.>we can't do this because we can't afford it!>if only we raised taxes, then we could afford it!It's a bad premise from the outset. The government creates money. It does not need to earn, tax, borrow, or otherwise acquire any money from anyone else. As long as something is 1) for sale and 2) priced in the currency which that government issues, it can always afford it.So it's much less about whatever the nominal tax rate was back then (and it was indeed higher), and much more about the level of government spending that reached and employed the broader masses of society.
>>536987595There is a finite limit to land, so with land you have a point that there could be some regulation (although I would note that most of the leftists supporting a wealth tax also support endless immigration because they are too stupid to understand that land is finite)But stocks are not finite. Elon owning more stocks does not prevent you from owning anything. He DID create that wealth, he didn't steal the stocks from somebody else.
>>536987092Its about stealing the money from the rich and giving it to the democrat machine. All the money will be skimmed and go into their corrupt pockets.
Billionays and trillionays = badBillionay and trillionay politicians, government officials and organs of government = guud.Thats not real goymunisim, chud. Yes I know but thats what it always turns into. Even in your little fantasy, someone has to scrub the toilet and guess who its gonna be? Yep, you.Its not a coincidence that commie supporters are low iq. The demoralization technique seeks out those low iq people because they have no critical thinking. They are the people who cant see the apple in thier mind. The same people who do not have an inner voice. They fall for the oppressed and oppressor meme and can be directed to strike at any enemy the demoralizer wishes them to. At first it upset me that they didnt realize this. But after interaction I realized how utterly fucking dumb they where. I had initially given them more credit than what was due. A critical error in judgement.
>>536987092Good. If your business is big enough to get corporate socialism money it should be outright owned by the government. Fuck all these useless eater billionaire cunts.
>>537004481You're giving these dysgenic subhumans far too much credit. Frankly, I don't know why you keep them around.
>>537004801Based, and Trump is literally already doing it. Missed a thread a few days ago but he confirmed on Air Force One that the equity stakes in major AI firms for a "Public Wealth Fund." Already owns 9.9% of Intel through CHIPS. He even brought up Bernie Sanders himself — unprompted — bragging their economics "aren't that far apart." $21B in government equity across 15 companies and counting. MAGAcommunism isn't a meme anymore.
>>536987092Everything on the Stock Market is owned by Blackrock and Vanguard. You aren't allowed to be listed unless you first agree to hand over an Ownership % of your company to Blackrock and Vanguard.The Blackrock Jews already control the Federal Government, so this is just political theater because someone got mad at Musk for becoming a Trillionaire. Nothing will changes regardless of it passing or not.Go back to r*ddit retard.
