The tax applies only to individuals with at least $100 million in wealth and mostly affects hedge fund managers.

t_d thread: https://archive.is/5pFXr

here’s fox news trying to convince people that the tax will mean that if your home goes up in value, the government will take your house: https://archive.is/Ay89M

“This would be the most crazy tax structure we have ever seen. It makes Venezuela look normal. It makes Russia look normal,” Gingrich stressed. “That speech last week in Raleigh, where [Harris] outlined her economic plan, that was crazy. That was so far to the left of Bernie Sanders that Gorbachev in Russia would have thought it was a radical speech.”

  • SoylentBlake@lemm.ee
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    3 months ago

    I think the upper class should start proposing solutions then, if they don’t like the ones going around.

    They’d do well to remember what happened to the knights templar, when governments racked up high levels of debt and all wealth was being privately hoarded.

    How hard would it really be for the seals to eliminate ~100 people?

    • heggs_bayer [none/use name]@hexbear.net
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      3 months ago

      The democrats are one half of the Great Satan’s ruling uniparty. The upper class are already exercising their will through them. This will either be conveniantly dropped if/when the dems get power, or it will be implemented in such a way that the elite aren’t negatively affected by it.