Donald Trump and Elizabeth Warren’s different visions of corruption in America

Why wait? What about right now?

That is clearly not what she is proposing publicly or on her web site. What is your source of insights into her actual intentions? Do you know her personally?

She will.

Just like Maryland chased off over half of its resident millionaires with its uber wealth taxes.

Here’s a two-minute drill in soak-the-rich economics:

Maryland couldn’t balance its budget last year, so the state tried to close the shortfall by fleecing the wealthy. Politicians in Annapolis created a millionaire tax bracket, raising the top marginal income-tax rate to 6.25%. And because cities such as Baltimore and Bethesda also impose income taxes, the state-local tax rate can go as high as 9.45%. Governor Martin O’Malley, a dedicated class warrior, declared that these richest 0.3% of filers were “willing and able to pay their fair share.” The Baltimore Sun predicted the rich would “grin and bear it.”

One year later, nobody’s grinning. One-third of the millionaires have disappeared from Maryland tax rolls. In 2008 roughly 3,000 million-dollar income tax returns were filed by the end of April. This year there were 2,000, which the state comptroller’s office concedes is a “substantial decline.” On those missing returns, the government collects 6.25% of nothing. Instead of the state coffers gaining the extra $106 million the politicians predicted, millionaires paid $100 million less in taxes than they did last year – even at higher rates.

We KNOW what will happen.

:tickets:

If she wins I sell my stock immediately! :+1::grin:

We’ll hold you to that.

So you are saying that the wealthy will flee the Untied States if taxes go up. Are you prepared to defend such obviously unpatriotic people?

She is campaigning on a wealth tax. Also the things she is proposing can’t be done with the wealthy alone.

One needs to do the math.

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You will not have to. I would sell before the massive drop begins or at least the 1st day.

We’ll see. :ok_hand:

Net worth of $50 million is a “smidge”? Lol.

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Show your work.

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She will go after you too before it is over. Maybe not with the wealth tax but because it will be needed to fund all the promises she is making. :rofl:

Show your work.

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I don’t bow to your demands or dictates you should know that by now.

Do your own work. You know i am right however.

I have done my own math, which is how I know you have no idea what you’re talking about.

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As usual, a throw-out-there statement with nothing to back it up. If you can’t show your work, you have nothing.

Of course you have. Right. :rofl:

Interestingly the Bahamas is number 10.

THEY may not flee. The wealth INCLUDING PERSONAL INCOME will.

:tickets:

Says the fellow who wants us to believe the MSM. :grin:

The Joker is running the country.