Progressive bandwagon: Warren proposes a 'wealth tax' on the ultra-rich

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Sen. Elizabeth Warren is working on a plan to slap a 2% annual tax on households with over $50 million in assets.

 

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She is worth $49.99999999 million I take it.

In the unlikely event that this could actually happen, our Great American Hero President Trump will be there to do a 'smack down' on it with a VETO! BOOM!

These taxes on the wealthiest Americans may seem more credible coming from someone who would be subject to them. Easy to tax other people's money

Annual taxes, not once upon death and transfer of assets, but for owning them. And not on net worth, but assets irrespective of liabilities owed. Snd not on income. But on assets acquired potentially with after tax dollars. A true socialist confiscation plan

That will fix limited healthcare (limited to the rich)

How about massive reduction in federal government spending?

How much does that add up to for Soros & Steyer as well as Pelosi?

Well maybe this will help the Elites in Hollywierd and others that love the likes of her come to a decision on what they want to push in the future

And then it will be $20m, then $10m and before you know it everyone will be getting hammered for tax to fund the next 'progressive' folly.

This is Political strategy in today's world. While a tax on the wealthy isnt the worst idea the only thing people want to talk about in Politics is money. We need to make law enforcement the main priority in America to address Communism and corruption.

Where’s her drum ?

Assets will flee the country.

Will it get seal of approval no doubt very good idea

YES!!!

Other people’s money intoxicates the lil lady.

Nah... not the answer, increase taxes on income. Don’t have my vote with that nonsense. No to double taxes. Let’s stay on track with sensible ideas. 60% on income over $20 million, 40% over $10 million, get rid of the loopholes. Let’s fix/update infrastructure. Reduce fraud/waste

Good

Sure they owe you an extra 2% why not..🧐😞☹️

No thank you

Will that include Nancy?

Way to copy AOC

“Slap”, NBC Fake News? Gee, now there’s a fine example of unbiased, objective journalism. The enemy of the American People. They prove it day after day.

How.

Sorry I’m not envious of successful people. This is a bad idea. To tax assets and not earnings is a disgrace!

Government is the problem and Elizabeth is what is wrong with Washington. No new taxes. Secure our borders and make our country safe to raise our children again.

at least

Why start at, say, whatever Seen. Warren's networth is? Rich democrats ate always good at pushing the rich tag only on those richer than them.

Cool! Is Watren Buffet on board?

I don't see a problem

Good!

'slap' isn't exactly neutral wording NBC - we can see your feelings.

Because Democrats don't want to lift people up to make them equal, they want to push people down...

Good

'slap'? why the choice of such an aggressive word?

Move to Venezuela please

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