Why wait? What about right now?
Millionaires Go Missing - WSJ
Maryland's fleeced taxpayers fight back.
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.
Maryland's fleeced taxpayers fight back.
We KNOW what will happen.
It will be interesting watching people’s reaction to the stock market if Warren wins.
She is wanting to devalue the dollar, one of the things people are freaking out about in Britain and Brexit the devaluation of the pound.
If she wins I sell my stock immediately!
Axxowiz:It will be interesting watching people’s reaction to the stock market if Warren wins.
She is wanting to devalue the dollar, one of the things people are freaking out about in Britain and Brexit the devaluation of the pound.
If she wins I sell my stock immediately!
We’ll hold you to that.
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.
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?
gooddad409: Camp:The only wealthy people she wants to “go after” are medical insurance industrialists.
To the suffering of all sick people who will be forced to wait and appeal to their government overlords for care they desperately need.
A losing proposition.
She wants to go after anyone who has a smidge of money via her Wealth Tax.
She will go after the middle class as well because even if she took all the money from the wealthy she still couldn’t finance her “freebie” ideas.
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 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.
gooddad409: Axxowiz:It will be interesting watching people’s reaction to the stock market if Warren wins.
She is wanting to devalue the dollar, one of the things people are freaking out about in Britain and Brexit the devaluation of the pound.
If she wins I sell my stock immediately!
We’ll hold you to that.
You will not have to. I would sell before the massive drop begins or at least the 1st day.
madasheck: gooddad409: Axxowiz:It will be interesting watching people’s reaction to the stock market if Warren wins.
She is wanting to devalue the dollar, one of the things people are freaking out about in Britain and Brexit the devaluation of the pound.
If she wins I sell my stock immediately!
We’ll hold you to that.
You will not have to. I would sell before the massive drop begins or at least the 1st day.
We’ll see.
She wants to go after anyone who has a smidge of money via her Wealth Tax.
Net worth of $50 million is a “smidge”? Lol.
One needs to do the math.
Show your work.
gooddad409:She wants to go after anyone who has a smidge of money via her Wealth Tax.
Net worth of $50 million is a “smidge”? Lol.
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.
it will be needed to fund all the promises she is making.
Show your work.
gooddad409:it will be needed to fund all the promises she is making.
Show your work.
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.
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.
adroit: gooddad409:it will be needed to fund all the promises she is making.
Show your work.
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.
As usual, a throw-out-there statement with nothing to back it up. If you can’t show your work, you have nothing.
gooddad409: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.
Of course you have. Right.
Interestingly the Bahamas is number 10.
Everything you need to know about taxes.
THEY may not flee. The wealth INCLUDING PERSONAL INCOME will.
gooddad409: adroit: gooddad409:it will be needed to fund all the promises she is making.
Show your work.
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.
As usual, a throw-out-there statement with nothing to back it up. If you can’t show your work, you have nothing.
Says the fellow who wants us to believe the MSM.
madasheck: gooddad409: adroit: gooddad409:it will be needed to fund all the promises she is making.
Show your work.
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.
As usual, a throw-out-there statement with nothing to back it up. If you can’t show your work, you have nothing.
Says the fellow who wants us to believe the MSM.
The Joker is running the country.