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patphil

(9,095 posts)

12. I think it's a great idea. The super rich have had an easy time of it tax wise for some time now.

Reply to BumRushDaShow (Original post)

Thu Mar 26, 2026, 02:59 PM

Mar 26

They're a drain on the GDP; taking much more than they give back. The lower and middle classes have carried a far greater tax burden than the wealthy for far too long.
This is one of the ways the rich keep getting richer while the best the rest of us can do is tread water, if that.

The biggest problem is the terrible Citizen's United decision by the Supreme Court that gave the super rich far too much monetary influence over our elected officials. It's created a "best government money can buy" Congress and Presidency. So, of course, they have no interest in anything that would derail that gravy train.

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As wealth taxes gain traction, Warren proposes levy on the ultra-rich [View all] BumRushDaShow Mar 26 OP

We should so vote on taxes instead of electing people to do it for us. /nt bucolic_frolic Mar 26 #1

This is what we need to be talking about. She is also working on a housing proposal. everyonematters Mar 26 #2

Even if it were passed (after being whittled down considerably).. Omnipresent Mar 26 #3

The past 60 years is more than ample proof of that I'd say. KPN Mar 26 #6

Both political parties know this. Omnipresent Mar 26 #9

Hard to argue against that at the party level. I do believe there are more Democrats than Republicans who are KPN Mar 26 #11

This is no where close to the top tax rate that made America great - Before Reagan Taxcut (BRT) or the create LiberalArkie Mar 26 #4

It's a good start in the right direction. Buddyzbuddy Mar 26 #5

And the reality is, they (billionaires) don't have to use anywhere near half their wealth to torpedo tax policies aimed KPN Mar 26 #7

So we just give up? I say whittling them down with persistence should be a consideration. ❤️ littlemissmartypants Mar 26 #8

That is absolutely true. Buddyzbuddy Mar 26 #15

I'll never come anywhere close to being affected by such a tax DFW Mar 26 #10

I think it's a great idea. The super rich have had an easy time of it tax wise for some time now. patphil Mar 26 #12

They still need to pay off the Iraq war when they were behind the bush administration. mdbl Mar 26 #13

We desperately need a clawback Warpy Mar 26 #14