Warren readies plan for tax on ‘ultra-millionaires’

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Sen. Elizabeth Warren is preparing to propose a new “ultra-millionaire” tax on the richest Americans, as part of an effort to bridge the massive gap in income equity that she has long decried

 

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Why not just confiscate the wealth of everyone with a net worth over $10 million? She is dumb and her idea is dumb. Let's create opportunities so more Americans are millionaires.

The Fake Indian is also a multi-millionaire. Will she tax herself as well? Stay-tuned........

Of course liberal Hollywood actors will be exempt from the tax.

A marginal tax rate of 70% on income over $10 million makes a lot of sense. Lower than the prosperous 1950s.

Good!

pixiedust5135 Fakery bakery she selling overdated bread , she speaks with fork tongue ☠

Garbage! Quit spending so much. Congress can’t work a budget. Give them a dollar they’ll spend two. TaxedToDeath

How can she bridge the gap of inequality when she robs the rich and keeps 95% for herself and her bloated beaurocrats? That money never trickles down once the gov gets it. It's outright thievery. And now the wolves are in the henhouse

And exactly how does she plan to do that? So taxing rich people and handing it over to elected scumbags in DC will make others wealthy? Liberal trickle down economics except it can't end with just the rich.

Well shes got my backing

Who said it best:

Yes! This is important. Income inequality needs to be fixed. If the economically depressed middle class sinks lower, that will shock the whole economy. The problem is, the wealthy think they need more and the needy have no power.

Interesting

What is 'income equity'?

Of course members of Congress are exempt....

The move toward socialism has begun.

Wealthy Democrat politicians have been duping the public into hysteria with their 'hate the rich' rhetoric for decades. If you continue to fall for it you aren't helping the working men and women of this country. Also, the top 1% give 30% of all charitible giving.☮️

After cortoz cried for 70% on billionaires..I've listened to several reviews..most agree..billionaires are already taxed in that bracket and if pressed further would just take their money elsewhere.. Using everything at their disposal that caused them to gain their billions

That should spark some well funded PACs to run against her

Liberals get their panties in a bind, especially the men, when we call them Marxists. Are we not factual?

paolo_sf The greatest economic expansion in history ended in 1980 and was driven by Dem policies, including a SEVENTY PERCENT top rate.

paolo_sf The wealthiest 26 human beings hold more wealth than the poorest THREE POINT EIGHT BILLION! Reagan began the largest upward wealth redistribution in history.

I'm not sure how that helps income equality. the government would likely take the tax dollars and hand them out to their corporate buddies.

Rich people would dodge it. Why is she so stupid? When will she learn?

Doesn't go nearly far enough. I like AOC marginal rate increase on all earnings over $10M. and cut the corporate cut by 8%

Or instead of millionaires collecting dividends how about corporations share profits with the workers who actually earn those profits for companies.

Hahaha they pay it all Anyway...

Yeah, it might be a good place to start. Kind of a dud at the end of the day. BernieSanders2020 GreenNewDeal MedicareForAll

100% tax on any assets over $1B would be a decent start.

Socialism at its finest, income redistribution, Incomeinequity Bullcrap, WarrenPres2020 wants to support the deadbeats. This would be the beginnings of Communism. NBCNews FoxNews

PaulieD55 Send her to Venezuela...then ask her if that's what she wants

Most of the Wealthiest R Democrats

Nancy will not take kindly to this proposal.

The rollback of the Trump tax giveaway will be among the to do list for the next president 1/20/21.

Finally

This is why some people cant stand you. The problem is not making more money for the government, the problem is how the government spends that money.

PaulieD55 would be easier to have privatize their companies and give back to community and work force.

Can we tax Alabama and Clemson football games each year and give those games to teams that aren’t bowl eligible? They always seem to be in the Championship game every year. We need to level the playing field and stick it to those two schools!

Did I see that correctly, the world's 26 most wealthy individuals are worth more than the world's poorest 3.5 billion.

Guys running Harvard's endowment money can't be too happy with her. Although she would probably exempt them.

Getting Serious about reform: constitutional amendment

See that person swimming? See how you did not learn how to swim? See how you are drowning? Why should the person that learned how to swim let you put a rope on his legs to make up for your position? It is not anyone's problem you don't know how to swim.

She has considerable insight into finance and how inequality , next to climate change, will soon be the greatest problem we face .

Why don't she stick that finger up her butt and pull her head out.

No ones speaking to me like she is

I guess the siren call of another slice of the vote has reached her ears

This is great policy

I believe there's a constitutional problem with this....

BS!!!!

Right thing to do Dear Senator Elizabeth.

It will probably be for those that are just slightly richer than all the Congressional Democrat millionaires.

And we can all wave bye bye to these billionaires as they take themselves & their money to Monte Carlo.

More useless bubblegum for the kiddies.

makes a lot of sense

Mad at Hil?

Sen. Elizabeth Warren is preparing to lose a primary

1/1024 of a chance! Aho!

Do it.......we need to level the playing field.

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