Breaking up family fortunes over time
From Zero Hedge
Billionaires could be slapped with an effective tax rate of 97.5% if Bernie Sanders wins the 2020 presidential elections, reported Bloomberg, who spoke with two economists advising both the Bernie Sanders and Elizabeth Warren Presidential Campaigns.
Sanders' effective tax rate of 97.5%, includes an income tax, but also a wealth tax that is aimed at breaking up family fortunes over time.
This is called social engineering you decide who are the winners and the losers. This communist can say that this is fair.
I don't like to see this even if i am not a billionaire , i always think if they are doing this to these people one day it will get to me.
about the 1% vs the rest three things are worth considering
a)some of the 1% were poor and now are Billionaires, it's possible to do this ? if yes the world is ok
b)the other 99% are better then they were 10, 20 , 30 years ago? everybody is getting better at different paces? if yes the world is working ok
c)the counties where there are Bernie Sanders in power people live better?
i rest my case
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