Opinion | No, the billionaire tax isn’t some socialist hunt to ‘eat the rich’

The billionaire tax plan targets about 700 people in America, where 37 million live in poverty.

Msnbc

11/26/2021 10:18:00 PM

.AliVelshi: Taxing ultra-wealthy Americans differently than the rest of us is not a controversial idea.

The billionaire tax plan targets about 700 people in America, where 37 million live in poverty.

It’s not humbug to point out that this disparity in disposable income is no accident — if anything, it’s a choice that lawmakers have made again and again over the decades.yields the best results. All that means is that the government imposes a higher percentage rate on taxpayers who have higher incomes. In other words: If you make more, you pay more, proportionately, in taxes. This isn’t a terribly controversial idea.

on each dollar.Oct. 30, 2021Except for the ultra-wealthy, those unrealized gains function a lot like income, often acting as collateral against low or even zero interest loans, often from their own companies.. And, in lieu of all the cash tied up in those stocks, he’s taken out loans from Tesla, using the stock as collateral to use for his expenses. (Try that at your local bank and see how it works out for you.)

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AliVelshi The same billionaires who kept America supplied during the lockdown? You mean them? Yeah, good idea to stab them in the back now. Smh. Only AliVelshi Taxing the ultra rich is a temporary issue but Twitter wants you to think otherwise AliVelshi Fair share is the key here ... AliVelshi Maybe it should be...

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Opinion: This tax would make wealthy corporations pay their fair shareThe corporate profits minimum tax will reduce economic inequality, foster basic fairness, limit excessive tax preferences and curb corporate tax shelters, and improve the accuracy of corporate financial reporting. The more money she takes from others the more 25 million dollar mansions she can buy And middle Americans will indirectly pay those taxes through higher taxes. Duh… raising new taxes ; existing fed up to 40% corp 20 % governor 6 % mayor 2% comm 1 % preachers say 10 % of gross / starting point how much anointing is enough

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