RE: Two Cents makes no sense!

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Two Cents makes no sense!

in warren •  5 years ago  (edited)

I don't really see anything terribly inspirational from any of the Democrat nominees. I just hear a lot of promises about things that are going to be made "free"....

warren
5 years ago by

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      ·  5 years ago 

    Yes, I agree. The Sander's version of the wealth tax is just as egregious but that isn't a surprise given that they appear to be consulting the same two advisers.

    https://www.washingtonexaminer.com/policy/economy/the-berkeley-economists-advising-both-warren-and-sanders-on-their-groundbreaking-wealth-tax-proposals

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        ·  5 years ago 

      "In 2018, Bill Gates was worth roughly $97 billion. If Warren’s tax had been in place since 1982, Gates would have been worth just $36.4 billion, according to Saez and Zucman. Under the Sanders tax plan, Gates’ net worth would be a comparatively tiny $9.9 billion."

      They make my point. All this wealth would have come from Gates’ investments, and we would all be that much poorer.

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