It's only two cents if you've got just one dollar in wealth. If you have $50 million "in the bank" (another lie, people with that much wealth don't keep it in banks, it's invested and has to be cashed out to pay taxes), it's a MILLION DOLLAR tax, EVERY YEAR. "Two cents" my a$$. It's a TWO PERCENT wealth tax.
France tried this, and so many multimillionaires left, they had to repeal it. They wrecked their tax base by trying to put this annual wealth tax on the biggest taxpayers... who said no thanks and packed their bags for more tax-friendly locales. Gerard Depardieu the actor famously took his tens of millions to RUSSIA, which has lower taxes by far than France does... even BEFORE they tried the wealth tax.
Also, note the way she built her case. If you DON'T pay the TWO CENT tax, some of our kids (read "minorities") don't have a chance! Do it FOR THE CHILDREN!
If they can pass a 1.7 trillion dollar spending bill, that spends for EVERYTHING you can imagine... then they don't need another couple hundred MILLION from rich people who will then pay their accountants and money managers extra to invest overseas, or will simply LEAVE, and thus deprive government of revenue rather than enhance it.
This ain't rocket science. Kids won't suffer lack of opportunity if millionaires don't pay "a two cent tax". The squaw is devious, trying to manipulate unthinking people into demanding that the highest taxed group of Americans pay even MORE. And driving them away causes EVERYONE TO LOSE, due to big spenders not spending here anymore.
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