Elizabeth Warren proposes wealth tax on $50M or more in assets

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FAH1223
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Elizabeth Warren proposes wealth tax on $50M or more in assets

Post by FAH1223 »

Never been proposed in the US

Though property tax is a wealth tax too..







She and Bernie Sanders are the only two Democrats running for POTUS in 2020 who seek to wield power on behalf of the public
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Khalid Ali
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Re: Elizabeth Warren proposes wealth tax on $50M or more in assets

Post by Khalid Ali »

What is going is the US empire dying what happenhappened to western capitalism Bernie Sanders is a good guy but you can't tax rich people it means People will take their money some where else. I think China is winning the long term trade war with U.S.
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Re: Elizabeth Warren proposes wealth tax on $50M or more in assets

Post by FAH1223 »

Khalid Ali wrote: Sat Jan 26, 2019 11:43 pm What is going is the US empire dying what happenhappened to western capitalism Bernie Sanders is a good guy but you can't tax rich people it means People will take their money some where else. I think China is winning the long term trade war with U.S.
Warren’s proposal is on assets anywhere around the world.
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AbdiWahab252
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Re: Elizabeth Warren proposes wealth tax on $50M or more in assets

Post by AbdiWahab252 »

FAH it sounds ambitious and interesting. I do however like AOCs proposal. It’s more aggressive and will capture more revenue
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Re: Elizabeth Warren proposes wealth tax on $50M or more in assets

Post by FAH1223 »

AbdiWahab252 wrote: Mon Jan 28, 2019 6:24 pm FAH it sounds ambitious and interesting. I do however like AOCs proposal. It’s more aggressive and will capture more revenue
Restoring America's top marginal tax rate to 70%?

Liz Warren's proposal gets you around $2.75 trillion over 10 years
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