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Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
01-30-2019, 06:54 AM
Post: #1
Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
"Howard $chultz": the 99% poors don't want a Ocasio tax for the Wealthy Elites



"America doesn’t want far-left ideas like Alexandria Ocasio-Cortez’s 70% marginal tax targeting the wealthy"-----


https://www.cnbc.com/2019/01/29/howard-s...h-tax.html
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01-30-2019, 06:55 AM
Post: #2
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
I do agree with this:


"The billionaire former Starbucks CEO says he could never run for president as a Democrat because the party has moved too far left.----(article)
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01-30-2019, 07:07 AM
Post: #3
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
Google Search returned this:


Howard Schultz/Net worth
3.4 billion USD
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01-30-2019, 07:56 AM
Post: #4
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
70% tax on INCOME over 10 million

hmmm
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01-30-2019, 07:57 AM
Post: #5
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
you have to separate assets from income

10 million income taxed at 70% actually sort of makes sense
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01-30-2019, 08:04 AM
Post: #6
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
the Conversation has begun. There will be a process of trial/error, numerous debates, and details will be sorted until a a new social evolution has been achieved.
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01-30-2019, 08:08 AM
Post: #7
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
below 10 million needs to be taxed much lower

guys making less than 500K a year should be taxed at no more than 20%

or a flat tax on everyone under 500K in income

the problem I always had with progressive taxation is that they consider the 300K a year guy WEALTHY. nope

tax the UBER RICH. the CRONY CAPITALISTS that engage in REGULATORY CAPTURE and CORRUPTION to achieve their wealth
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01-30-2019, 09:18 AM
Post: #8
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
If the government had any more money they'd use it to take over other countries for economic-hitmen. As it stands, taxes exist only the pay the interest on the national debt.

Debt is a tax on our grandchildren.

“Signs and symbols rule the world, not words nor laws.”
― Confucius
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01-30-2019, 09:56 AM
Post: #9
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
well the idea might be to drastically lower taxes on people making under 500K

and then tax the hell out of the .001% that control like half of the wealth.
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01-30-2019, 10:00 AM
Post: #10
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
these are just ideas, but it's good the conversation has started

of course these taxes have to come with provisions against stuffing your money in phony philanthropic organizations or trusts

the problem with the avg. pro capitalist is that they actually think they might one day be making 10-20 million dollars a year

99.9999% of people won't

that's just the reality

and the people who do are using GOVT FAVORS to do so most of the time

GE pays a negative tax rate due to exploiting loopholes in the tax code

how is this even possible?
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01-30-2019, 10:24 AM
Post: #11
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
We should stop treating corporations as persons.

“Signs and symbols rule the world, not words nor laws.”
― Confucius
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01-30-2019, 10:27 AM
Post: #12
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
also no individual on earth needs more than 1 billion dollards

you just don't need it

meanwhile people making 500K are treated like super wealthy

that is just not right

but in order for this type of taxation to work we need to stop the regulatory capture, the lobbying, the phony philanthropic organizations etc.
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01-30-2019, 10:30 AM
Post: #13
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
we need more laissez faire for the avg. joe

less regulation and red tape to start a small business

and the bigger you get, the MORE REGULATED YOU ARE because you have the capability to do major damage

this also evens it out

if Amazon is taxed like crazy with more regulation and restrictions, than the avg. joe has a better chance.

without regulation on the super rich and megacorps.. people will just suffer more and more

amazon is basically taking over the entire online retail space...

meanwhile laissez faire types SUPPORT amazon's monopoly because of austrian economics

what im' saying is give the avg. joe some of that lower taxation and austrian economics

megacorps need to be under socialist surveillance
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01-30-2019, 10:36 AM
Post: #14
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
right now over 500K is taxed at 37%


IN EY WORLD:

up to 200K, is a flat tax of 10%

200-500K, is a flat tax of 15%

500K - 1 million should be 30%

1 million -10 million should be 50%

10 million - 50 million should be 70%

50 million plus should be 80-90%
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01-30-2019, 10:57 AM
Post: #15
RE: Howard $hultz "99% poors don't want Ocasio Tax 4 Wealthy ELITES"..
The problem is, the wealthy don't even EARN INCOME (the value of their assets simply appreciate, and they accrue capital gains, commonly).

And the 2nd problem is, the wealth should go back to the people, WITHOUT the government being involved whatsoever. The billions should go back to where they were stolen from. So in Bill Gates' case, every one who ones a copy of Windows should be getting a massive rebate cheque. Or, to cut down of administration costs, you just give it evenly to everyone.

So even Bill Gates would get a cheque for $250, from his 'own' wealth!
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