US millionaire CEOs saw 29% pay raise while workers' pay decreased – report || Via Guardian https://t.co/cL6WmAlq0c
— SafetyPin-Daily (@SafetyPinDaily) May 11, 2021
New from me: Biden wants to pay for a climate plan with taxes, not the deficit, to calm the eldritch demons of finance: bond vigilantes. This limits the scope of his package.
But in the 21st century, markets will punish failure to spend ENOUGH on climate https://t.co/fDX7PiB2un
— Alex Yablon (@AlexYablon) May 9, 2021
Rich people think because they’re good at making money, they should run the world. They don’t understand they’re good at making money because they have no scruples — which makes them sociopaths:
Jamie Dimon says if lawmakers plan to raise taxes he would want an itemized list of what the money would be spent on https://t.co/oXH7RPe0Wl
— Bloomberg (@business) May 6, 2021
My latest: How Bernie Madoff did it. "One could think of Madoff as an evil twin of Vanguard founder John Bogle. Both men sensed typical investors weren’t looking to score the Next Big Thing…Bogle met demand the honest way…Madoff by contrast chose fraud https://t.co/bC6Xe63KKH
— Helaine Olen (@helaineolen) April 14, 2021
The first congress report is at https://t.co/lodTLfc2N5
– Elected Officials traded a lot, followed trends earlier
– Outperformed market
– First time ever, in 2020-2021 numerous house members use options to leverage info before the public. This is unprecedented. pic.twitter.com/Jm5wshpmlQ
— unusual_whales (@unusual_whales) April 5, 2021
i am just presenting their argument.
how about the counter-argument, though
you know you will hear that.
how about a counter-argument based on fact? the weltiest in this country are paying less in taxes than everyone else. asking them to step up and pay a little more, and you are telling me that they would forfeit their american citizenship if they had to do that i am calling your bluff on that. i am saying that’s not doing to happen.
i don’t think sara is going that far with the point. i think part of the example could be why did elon musk and others, larry ellison move from a high tax state to a low tax state in texas you might be right it might be the right way to redistribute wealth but can you say there is no risk whatsoever it could damage the american economy.
they want to use american highways, american police forces, they want to use american infrastructure. but they don’t want to help pay to support it. that’s the trick a. wealth tax needs to be national because you can still get advantages if you move from state to state but the idea behind a wealth tax is you have to pay it if you are an american citizen. he doesn’t matter whether you live in texas or california or even whether you move to europe or south america if you want to keep your american citizenship, you pay the wealth tax and it doesn’t matter where you put your assets.