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Re: Senator Warren's Pernicious Wealth Tax 

By: nacl01 in POPE 5 | Recommend this post (2)
Mon, 30 Dec 19 12:38 AM | 18 view(s)
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Msg. 47949 of 62138
(This msg. is a reply to 47912 by ribit)

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Ya earn ya money, ya pay taxes on it,

‘Course then you are taxed when you spend it (except De). That makes it triple taxation, not counting negative interest rates.

There is no hope for the little guy.

nacl




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The above is a reply to the following message:
Re: Senator Warren's Pernicious Wealth Tax
By: ribit
in POPE 5
Sun, 29 Dec 19 2:15 AM
Msg. 47912 of 62138

...further, a wealth tax is a tax on that which has already been taxed. Ya earn ya money, ya pay taxes on it, Ya put it in the bank and the gubmint taxes it again and againt. If there is anything left it will get eaten up by the banks "negative interest rates". For those who think it will only effect the wealthy, let me remind you, that is the same thing they said about the alternative minimum tax.


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