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Tax them out of existence is the way one radio talk show host sees the way to do that and at the same time make taxation less painful for the rest of us. Why yes, this tells us why the listeners of Thom Hartmann may well not number 100 in number. Yes, Hartmann says we should take enough away from them to get them down to $1 billion dollars. We have about 424 billionaires in this country and the average $4 billion. Take $3 billion from them and have enough to run the government for about 9 or 10 months. Bill Gates has about $66 billion so I guess his fair share would be $65 billion, at least for the first year. What happens after we take it all away from them? I guess leaners may find out how little they would have to pay the next year.
Bill Gates' fair share would be $65 billion. I wonder if that is what Obama has been talking about the last 4 years. Remember, I have asked leaners over and over how much fair share is and now we learn that it is everything above $1 billion.
Wouldn't it be better if everyone was a billionaire, than if they were living in poverty? Instead of outlawing billionaires, shouldn't we outlaw poverty?
You guys care way too much about protecting the money of the insanely rich.
First they came for the communists, and I did not speak out--
because I was not a communist;
Then they came for the socialists, and I did not speak out--
because I was not a socialist;
Then they came for the trade unionists, and I did not speak out--
because I was not a trade unionist;
Then they came for the Jews, and I did not speak out--
because I was not a Jew;
Then they came for me--
and there was no one left to speak out for me.
--Martin Niemoller
In other words, everyones' rights are worth protecting.
You could only do it one time and not really accomplish much other than destroy property rights. I think the bigger problem is the free riders as Obama calls them. It is time to tax them. If a free rider makes below 15k a year and receive any welfare the free rider should be taxed. A small tax to start with, but it should go up each year until the free riders "get it" and move up the economic ladder.
You guys care way too much about protecting the money of the insanely rich.
We just don't like a society that advocates theft.
There is no reason why the insanely rich can't keep what they EARNED. You don't have to be one of them to realize it is wrong to take what they have just because you want to.
Also, this is a slippery slope. If it's ok for me to steal from a billionaire, just because "I" deem him to have too much, is it ok for someone who has less than me to steal from me because they deem me to have too much?
You could only do it one time and not really accomplish much other than destroy property rights. I think the bigger problem is the free riders as Obama calls them. It is time to tax them. If a free rider makes below 15k a year and receive any welfare the free rider should be taxed. A small tax to start with, but it should go up each year until the free riders "get it" and move up the economic ladder.
A soft kick in the rear does a world of good.
I agree. The problem isn't that the rich don't pay enough, it's that the bottom half don't pay enough. Too many of them pay nothing and many of them get money back they never paid in. THIS is where our problem is.
We should not outlaw billionaires but we should put them in a 90% tax bracket with all their income from all sources counted. They should also be paying a real and financial property tax on all wealth over the 90th percentile. We should not outlaw billionaires but we should make it almost impossible to ever amass that much wealth.
Tuff **** if you're to stupid to make it in life. Everyone has the same chance to be rich. They rather sit here all day bitching about it.
That is actually a false belief, very few people in this country make it to being a millionaire and even fewer make it to billionaire status. It is true that if you work hard and apply yourself and learn a needed trade that you can make it to middle class status, which that is what makes this country great is our large middle class population, which I am more than willing to tax the rich to protect the middle class.
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The problem isn't that the rich don't pay enough, it's that the bottom half don't pay enough. Too many of them pay nothing and many of them get money back they never paid in. THIS is where our problem is.
Do not outlaw billionairs
