Michael Ramirez for October 28, 2021

The Maga Mob would cry “foul.”

Anybody else recognize that each and every one of these points has been made before, and that they have NEVER BEEN PROVEN TRUE. Not even once.

Wealth tax? Well yeah. Think of it as an excise tax.

Unconstitutional? Show me the clause that prevents it. And think of it as an excise tax.

Undermines investments? Show me the figures.

Makes US Companies uncompetitive? Really? How? (note that the word is actually “noncompetitive”)

Exodus of (various)? Well, in the first place, it’s ALREADY HAPPENED. And in the second place we’re talking about a tax on EXCEEDINGLY RICH PEOPLE. Who may indeed move. But will they take “their” investments with them? Why would they? They’re already multi-national, already invested where they see the greatest return.

Destroys the Economy? How? Details please.

No. It actually doesn’t have any downsides. Not even for the billionaires who would pay it.

P.S. Stop lying, Mike, you anti-American dip!

Taxing wealth is wrong, but letting the rich have so many tax loopholes is a bigger problem. Plus they get a big tax break on Social Security, a maximum of $8,537.40 paid in in 2020.Tax all income and benefits of CEOs.

This is such BS. Tax them like it was the 1930’s (79%). It’s time for the pendulum to swing back. The economy did fantastic.

All of this talk about taxing the rich and corporations that happen to provide jobs for millions of people, who do you think pays the taxes? Certainly not who you think. We the poor and middle class pay the taxes through higher costs,AKA inflation, which if you haven’t been paying attention, is the highest it has been since our Supreme ruler was in the executive ofcom 2010. Depend on a news source beside the propaganda arm of the Democratic party. You might would actually be better informed.

Anybody that thinks companies that will have their taxes increased and not pass along that cost is just plain stupid. They will, so the tax is on you, fools.

Talk about a heap of manure. Ramirez could open a fertilizer plant in Texas with that amount of fallacy.

From the right wing play book to MR’s pen, with no stops.

Republicans believe we cannot tax the rich, as per the well-developed economic philosophy of Joe the Plumber.

These $billion companies and their billionaires pay less in tax than the kid making fries at McDonald’s. Evidently Ramirez supports that.

‘Trickle Down’ didn’t work under Reagan, hasn’t worked since, and won’t work in the future. Well, except that it works for billionaires.

Eisenhower built the interstate highway system with a 90% top rate. What a commie!!

Stupidity is republicans giving billionaires tax breaks so they can get kickbacks to get reelected to give billionaires more tax breaks.

Give up Joe (and associated democrats), you fought a good fight but lost to human nature. America will soon be like many third world countries, think Afghanistan.. run by individual factions each trying to outdo the other. The “United” part of the United States is rapidly dissolving.

Taxing billionaires has yet to destroy an economy. But giving them tax breaks has a rich history of destroying economies.

Right, don’t raise taxes. Change the tax law. Perhaps, use a value added tax. Tax the value of stock shares at the time of receipt. Tax monies received via loans. Don’t treat business loses as a tax reduction. There are many ways the government can get at more revenue aside from raising tax rates.

LETS TAX POOR PEOPLE! Think of the Brilliance. If we tax poor people no one will want to be poor? There are more poor people than rich people. New Rule. poor people must pay 45% of their pay in taxes for the first 50k. THAT WILL MAKE THEM GET JOBS

Taxes are the price of a free society. How much free society can we afford if the people who earn half of the wealth of the country refuse to pay half of the COSTS of the country.

In This Podcast Jon Stewart talks with Jamie Dimon In this Dimon says that his group WANTS to have a well educated, healthy and well paid citizenry but Stewart point out that the uber rich of the country scream "socialism " any time we talk about raising taxes on the wealthiest of the country.

https://podcasts.apple.com/us/podcast/jon-talks-with-jamie-dimon-ceo-of-jpmorgan-chase/id1583132133?i=1000539242857

Ron Wyden’s actions actually are explicable when you take him in context and realize he represents the political worldview of Portland.

You know who pays a wealth tax? Anyone that ones their own home. It’s called property taxes.

You know who shoulders the burden of that wealth tax? The middle class.

Is it unconstitutional? Evidently not

Has it destroyed the economy? Not for the last 30+ years of my life. It seems to me the only thing that keeps my state afloat.

Are they doomed to fail? Twice a year I certainly hope so but, not luck so far.

The GOP line is bull$hit.

Wyden’s crazy ideas will wreak havoc on the financial markets. He starts off with Billionaires but intends to ‘dumb it down’ to millionaires with his wealth appreciation surtax. This will hit the middle class the hardest. One can just imagine he would then ‘trickle it down’ to tax the ‘thousandaires’ on their meager gains in the stock market. Say goodbye to your retirement savings folks.

It’s not easy to understand taxation policy. For example, the 2001, 2003 capital gains tax rate was reduced. The reason was to increase overall tax revenue. This policy works for a period of about 3 years as people do sell some of their assets. After 3 years, it reverts and the wealthy return to holding those assets.Never expect that Congress is doing something that helps middle and lower classes if it doesn’t hurt the wealthy. They are simply pretending.

Sorry, but a lot of us regular Joes have little to no sympathy for billionaires – especially after decades of false promises about trickle-down economics…

An authority may decree a tax based on assets rather than income – i.e. a tax based on what one owns rather than on one’s income (Liberals routinely confound the two). Periodic assessments are made of your belongings and you are taxed accordingly. State and local real estate property taxes are an example, and some states assess a personal property tax. The Feds, however, once they asserted a right to tax in the 16th Amendment, opted for income taxes. There have been ongoing arguments since on what constitutes a ‘fair’ income tax method and rates.

ALL THESE POINTS ARE ABSOLUTELY TRUE.

Biden is well on his way to destroying America, and he hasn’t even completed one year! What a guy!!!!!!

Not a bad argument, maybe you should run for the senate. I will vote for you.

The wealthy know how to make money, that’s why they are wealthy. If they are fairly taxed they will simply go out and make it back which then drives the economy. That’s the way it has worked in our history every time, under FDR, under Eisenhower. etc. Enable the wealthy to do what they do best. Tax them.

Change the law so that dividends become income, taxed at 50%. Change the law so machinery and raw materials are taxed by value yearly, not when sold.Change the inheritance tax to 50% above 10 million.Done.

Good one !

What else could you tax that is in such abundance? Religion.

The billionaires don’t INVEST, they take their pay as stock and then borrow against it so they NEVER pay taxes. This results in the execs only thinking about stock price and short-term gains.

How is a tax on wealth unconstitutional but garbage like tax cuts specific to certain types of companies so people like Ron Johnson can pay off his donors is just peachy?

At some point the billionaires will buy/sell stocks, bonds etc. A better way to raise money is to tax all transactions (buy and sell) at 2% of the value. This would raise billions/year.

Unconstitutional? Pollock v. Farmers’ Loan & Trust Co. – The U.S. Supreme Court, in an opinion by Chief Justice Melville Fuller, invalidated the taxation of dividends, interest, and income derived from real estate in a 5-4 vote on the grounds that it was an unapportioned direct tax.