Bernie Sanders proposes big hike in estate taxes, after Elizabeth Warren floats wealth levy

Source: Law Daily Report (lawdailyreport.net)

So...basically, it's in line with the idea of 'Make America Great Again.'

Hmmm, Sanders just built a big house last year in Maine - maybe, he should find a rent control apartment somewhere - which, is what everyone’s future will be under socialism.

Another crazy socialist!! I pray for our country!

That's dumb.

Bernie is completely KRAZY

Taxes 2+2=4 okeyy energy =money NOT STP COST TIME €£¥ OKET 2$+2$=-$16;o £4 tax stp Nnooottt

Billionaires be like.

SenWarren lives in a $1.9 million Victorian mansion in Cambridge and has a net worth of around $10 million. SenSanders has three homes.

They wanna tax a handful of people. Thinking it’s gonna save there programs. It’s just a talking point. Nothing will get done

Only billionaire that needs to be taxed that amount is Trump. The rest, I could care less.

I'm sure that, in their heads, this socialist junk somehow sounds great, but it's only going to marginalize Democrats ahead of 2020.

What do you expect from an out of touch liberal democrat? He doesn't know whether to shit or go blind.

Americans should ban together and refuse to pay anymore tax until these idiots remove themselves from government. Make term limits a law. Create a 4th branch of government that oversees and approves all spending according to what most Americans want and need.

And congress will still spend way more than we have. It’s an endless cycle. Do not give the government anytime money until they can balance the budget.

I would only agree to this if the funds went to programs the billionaires chose in advance to help, I don’t trust congress or the senate to make those decisions

Is that when American was great? MAGA

So why bother working? Or if you’ve already worked/created $1B+, move away!! You and your descendants can do very well elsewhere!! Private island or another non-socialist country!!

Taxing a $3.5 estate at 45% is ridiculous. What is wrong with this guy!

Maybe Bernie should start by donating his estate to the government.

We all remember how bad those years were. Space success. Interstate highway system. New bridges. The bad old days.

Wow return to the good old days by taxation 👹🤡👺

A party of “Progressives” progressing all the way to 1941

They will just leave it to charity to avoid that high of a tax rate. I would be shocked if any tax revenues were collected from such a law. But I guess that accomplishes redistribution of wealth anyway.

Good!

OMG . that look on her face!...she's thinking 'SAY WHAT' 'I NEEDA CALL MY ATTORNEY'!..LOL

Even Elizabeth Warren looking at him crazy 😆

Communist theft.

On an estate above a billion? What are we talking about here, impact wise? 14 people?

We, as a nation, were doing damn well in the 50's and 60's. Coincidence?

While income redistribution is necessary - no one should be worth more than a billion dollars - you need a plan to wisely invest & spend that money. And I don’t see any of that in the making from sanders, warren, AOC or any other liberal Democrat. Stop embarrassing us. Think 1st!

Getrdone!!!!!

Can’t protest double taxation if you’re dead, I guess.

Go Bernie! Bernie2020

Why not just make it 100% and eliminate all inherited wealth. Everyone starts from scratch. I’m sure Kennedy, Pritzker, and other elite D families won’t mind. After all it’s not fair that my parents were poor.

Just keep on attempting to suck money out of the successful & watch them leave. If that happens the well runs dry for the socialist agenda.

So what! Billionaires will move to some other Nation like Canada & enjoy tax free savings accounts then pay nothing here. Lose all your billionaires to please welfare trash isn't so brilliant at all.

Smh

Why in hell should you pay a tax on assets you've already paid tax on...aarrrgggg

Doesn’t he remember the 70’s under Carter? Worst economy of my lifetime! Double digit unemployment and interest rates! That’s what he wants to back to?

What about prosecuting his wife for loan fraud? Double standard! Raid his house at 5 am with swat teams!

Hmmm... wonder if those top rates are accompanied with large deductions from 1941 to 1976?

lol

Lets do it

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Run, Bernie, Run'?: N.H. Progressives Divided By Another Bernie Sanders BidThe Vermont senator's 2016 presidential campaign took off in New Hampshire. But in 2020, some progressive voters in the state say there are plenty of other alternatives. Other alternatives that are actually Democrats NO.... WE ARE DIVIDED ENOUGH BY 2016 ... WE NEED NO REMINDER OF HIS PART IN THAT The other alternatives aren't progressive though
Source: NPR - 🏆 96. / 63 Read more »

Opinion | Why Bernie Sanders has an uphill climb aheadThe 2020 race could make his 2016 campaign look easy by comparison. Stairs? Both Bernie and Howard Schultz MUST be on the 2020 ballot. We need independents! What's new? Never stopped him before
Source: washingtonpost - 🏆 95. / 72 Read more »

Bernie Sanders set to announce 2020 presidential runTwo sources with direct knowledge of his plans told Yahoo News that Sanders, the Vermont independent and self-described “democratic socialist,” plans to announce his presidential bid imminently. Way too old. Please no. Love Bernie but no
Source: YahooNews - 🏆 380. / 59 Read more »

Bernie Sanders pushes vast expansion of estate taxBernie Sanders, on the cusp of a likely campaign for president, introduced legislation Thursday to vastly expand the reach of the federal estate tax If this includes his own estate, I think he should fork it over right now. Seems to be just about what he might need for Universal Health Care. Coincidence? I think not! : ) Yeah that's a little much and why he will never be President
Source: politico - 🏆 381. / 59 Read more »

Bernie Sanders Proposes Estate Tax of Up to 77% for BillionairesThe current estate tax kicks in when an estate is worth about $11 million. The legislation would raise up to $2.2 trillion in estate taxes from the families of all 588 billionaires in the U.S. with a combined net worth of more than $3 trillion, according to a summary of the plan. Sanders’s plan comes
Source: YahooNews - 🏆 380. / 59 Read more »

Bernie Sanders joins the Democrats' tax party with new levy on large estatesSen. Sanders releases bill that would dramatically increase the estate tax for multi-million dollar inheritances, becoming the second potential 2020 candidate this week to propose major new taxes on the ultra-wealthy. Nice. Talk about a one-trick pony. All he ever does is work to increase taxes. Any other ideas, Bernie? All-around lousy options on Dem 2020 ticket. Too bad he has never passed one significant bill in his long career. But good luck on this one.
Source: NBCNews - 🏆 10. / 86 Read more »

Bernie Sanders to propose dramatic expansion in estate tax on richest Americans, including 77 percent rate on billionairesSanders, who will release the 'For the 99.8% Act,' is aiming to target the wealthiest 0.2 percent. It's Dog Track Time for Bernie Great idea Bernie! Fat cats are not paying their fair share. Time to pay up. I like this race to the left the dems are in. We might actually be an equitable society at this rate.
Source: washingtonpost - 🏆 95. / 72 Read more »

Bernie Sanders proposes a big hike in the estate tax, including a 77% rate for over $1 billionThe proposal comes after Republican senators proposed eliminating the estate tax, and as the 2020 presidential campaign gets going. None of the 1%, or of the 3% for that matter, pay top marginal income tax rates. They pay 0% capital gains tax rates. Idiots. Marginal tax rates are IRRELEVANT. Only tax PAID matters.
Source: CNBC - 🏆 12. / 72 Read more »

Poll: Kamala Harris gaining among Democratic votersA new survey puts the California senator in third place, behind Joe Biden and Bernie Sanders, in the 2020 race. RIP democrat party This young generation has no knowledge of what socialism really is! How are they on candidates that also support infanticide?
Source: politico - 🏆 381. / 59 Read more »