rabble wrote: Huckleby wrote:
wack wack wrote: Tax the wealthy like the Beatles. Tax wealth as well as income.
This will just cause the wealthy to move their assets and property overseas.
Oh, the Atlas Shrugged scenario. They haven't done it yet, even though they've been whining and crying for decades, because we haven't yet crossed that invisible tax line.
Look, there obviously is much truth to the fact that people can and will move property overseas at some point.
Gerard Depardieu just renounced his French citizenship and is moving to Belgium, taking his assets with him.
The Beatles, by the way, moved assets overseas.
It does happen.
rabble wrote:Once we do that, it triggers the vast "assets and property transfer" machine already built by the vast rich people secret society, and waiting in the wings.
If you want to have an intelligent conversation, resist painting someone you disagree with using the brush of extreme ideology.
The world is not a choice between Ayn Rand and Karl Marx.
rabble wrote:And we know this will happen because they did it when Eisenhower was taxing them way past that line.
Listen, I am a tax and spend liberal. I am for higher taxes. I'm just keeping it real, as the kids said in the 1990s.
BTW, references to the Eisenhower tax rates are misleading. The wealthy weren't actually paying that much more than today. Tax codes are complicated and hardly defined by one nominal marginal tax rate.
It's the same thing as when Republicans cite high corporate tax rates in U.S. In actuality, corporations are paying lower dollar amounts of taxes than in most countries.