Something to worry about, if the mentality of the left wins out in the next election.
Warren wants accumulated wealth to be taxed.
AOC wants a top 70% tax .
Some choice.
On the right, a dictatorial fascist, intent on destroying an economy and a society, on the left, socialists intent on destroying our economic model for failed socialism which is a societal killer in and of itself.
The rich should get ready for Elizabeth Warren's wealth tax
https://finance.yahoo.com/news/the-...r-elizabeth-warrens-wealth-tax-165057651.html
Not likely!
Investment money goes where it's most appreciated. Just common sense.
But can it happen?
Some details to consider:
3 problems with Elizabeth Warren's wealth tax
https://finance.yahoo.com/news/3-problems-with-elizabeth-warrens-wealth-tax-191056473.html
And if Warren doesn't get the nod, there's Alexandria Ocasio-Cortez ( AOC )
(in above link)
It's simply getting worse.
Warren wants accumulated wealth to be taxed.
AOC wants a top 70% tax .
Some choice.
On the right, a dictatorial fascist, intent on destroying an economy and a society, on the left, socialists intent on destroying our economic model for failed socialism which is a societal killer in and of itself.
The rich should get ready for Elizabeth Warren's wealth tax
https://finance.yahoo.com/news/the-...r-elizabeth-warrens-wealth-tax-165057651.html
That's an annual, repetitive tax. Think that will keep serious investing within the US?
Not likely!
Investment money goes where it's most appreciated. Just common sense.
But can it happen?
Some details to consider:
3 problems with Elizabeth Warren's wealth tax
https://finance.yahoo.com/news/3-problems-with-elizabeth-warrens-wealth-tax-191056473.html
And if Warren doesn't get the nod, there's Alexandria Ocasio-Cortez ( AOC )
(in above link)
Corruption is and always been the major problem that needs to be addressed, imo,
It's simply getting worse.