Some states are reviving a push to tax the rich.
Upvoters14
26 Comments
Tax billionaires out of existence
Great idea! How do you plan to enact such a grand scheme?
>>Colin Hathaway, a millionaire businessman in Washington, said he’s concerned the proposed tax would treat the money earned by his roofing company as income, even though he’s putting most of it back into the business. The only reason he would be concerned is if he's ...
Will nobody think about the millionaires?!!?
B&O taxes are on revenue in WA state.
Not an expert here but if his company is an LLC and he’s the sole owner, maintaining 100% of the profits, doesn’t he have to pay taxes on the profits, regardless of whether he invests it back in the company or not? Also, not totally sure about this but doesn’t the B&O tax...
Make them all move to Florida. Then remove Florida as a US state.
Climate change has entered the chat 😎
I hate it here boss
Ken Griffin spent millions on ads to combat Illinois last attempt at taxing the rich. His ads made it seem like if this tax law went into effect then it will allow the government to tax the middle and lower class. People really believed it and it didn't pass. Now it's just the...
Some dem presidential candidates oppose taxing the rich. Cough cough gavin.
Cough Gavin Cough
We put a millionaire's tax on the ballot in Massachusetts. Rich people threatened to leave. We passed it anyway. Now we have more millionaires than we started with. I was hoping they'd leave but now we just get more of their tax dollars. Task failed successfully.
Love this comment. For everyone saying "Oh my god... the billionaires will leave!!". Yeah, and go where? Name another country with our GDP that won't crush you with taxes. I'll wait. These shit heads are going nowhere. They'll pay the taxes and move on with the...
Tax the hell out of them so we no longer have any billionaires and use that money to solve world hunger, social security, homelessness, etc etc
A rising tide lifts all ships. This is the way.
end billionairism
All states should be
Florida is gonna love this.
Hey if all the rich want to move to that humid hell hole more power to them.
Its a distraction. Congress is owned by the very rich, and has been for a long time. The rich make the rules and the poors follow them. The Panama Papers also showed how many/much is being held in offshore bank accounts, AND ABSOLUTELY NOTHING happened after that. This is just...
The light dawns.
Not meant enough
Let's face it, poor people are a drain on this country, not the ones building it
Working people are the people doing all the work. What does staying at home holding all day, snorting coke, asking the government for handouts, cheating on your wife, and general degeneracy do for the country?