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Some very smart people truly don’t understand the leftist psyche, unfortunately. Arguing whether wealth taxes work or don’t is moot. Leftists don’t care. That’s not why they want a wealth tax. Their one and only purpose is crushing and punishing those who are better off.

Rothmus 🏴

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102,695 görüntüleme • 8 ay önce •via X (Twitter)

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When people say things like ‘Why are people worried about wealth taxes that will never affect them’ it shows a fundamental misunderstanding of how the economy works and why even people who aren’t rich, don’t want wealth taxes. Wealthy people like it or not, are amongst the most economically productive people in our country, the top 1% of earners contribute 30% of our income tax receipts. The top 1% are responsible for approx 340,000 jobs in the economy etc. Wealthy people are also best placed to restructure their tax affairs to avoid wealth taxes and the most geographically mobile in our country, leaving for them is as easy as rearranging dates in their calendar. There is a wealth of comparative data from other countries showing wealth taxes are economically damaging, difficult to implement, expensive to administer and never raise the levels of taxes promised. There is no country in world that has ever raised anywhere near the £25 billion cited as the potential amounts that would be raised from an annual wealth tax. If the wealthy leave that impacts our tax base, which inevitably means that everyone else who isn’t wealthy, has to pay more tax. If they leave they will shift their strategic focus and capital to wherever they go, which means that money that would otherwise would have been invested in the UK will go elsewhere. This is precisely why other countries like Italy have tax regimes specially designed to incentivise wealthy people to come, they understand that having wealthy people is great for tax receipts, job creation and economic growth. It’s very disingenuous to assume the reason why people don’t support wealth taxes is because they believe they will one day be in the 1%. They don’t support wealth taxes for the most part because they understand they simply do not work. Zack Polanski is a dangerous man who isn’t even clear in his own mind why we need wealth taxes. His commitment to wealth taxes is ideological rather than evidence based. In the interview he explains that there’s a lot of the wealth in the city of London yet at the same time maintains that wealth taxes aren’t needed for raising tax revenues but are principally for reducing wealth inequality. So you mean to tell me the goal is the force some of the most economically productive people to leave so that we can all be poorer collectively but be more equal? In a country where 53% of households take more out of the state in benefits than they put in, what do you think will happen to the tax burden for working /middle class people if the top 1% leave or restructure their tax affairs in such as way that reduces their exposure to the UK. We are already at a post world war high when it comes to the tax burden and we are in real time seeing the damage it is doing to business and investor confidence in the UK economy. Yet you somehow think that levying even more taxes will have no impact on ordinary people?

When people say things like ‘Why are people worried about wealth taxes that will never affect them’ it shows a fundamental misunderstanding of how the economy works and why even people who aren’t rich, don’t want wealth taxes. Wealthy people like it or not, are amongst the most economically productive people in our country, the top 1% of earners contribute 30% of our income tax receipts. The top 1% are responsible for approx 340,000 jobs in the economy etc. Wealthy people are also best placed to restructure their tax affairs to avoid wealth taxes and the most geographically mobile in our country, leaving for them is as easy as rearranging dates in their calendar. There is a wealth of comparative data from other countries showing wealth taxes are economically damaging, difficult to implement, expensive to administer and never raise the levels of taxes promised. There is no country in world that has ever raised anywhere near the £25 billion cited as the potential amounts that would be raised from an annual wealth tax. If the wealthy leave that impacts our tax base, which inevitably means that everyone else who isn’t wealthy, has to pay more tax. If they leave they will shift their strategic focus and capital to wherever they go, which means that money that would otherwise would have been invested in the UK will go elsewhere. This is precisely why other countries like Italy have tax regimes specially designed to incentivise wealthy people to come, they understand that having wealthy people is great for tax receipts, job creation and economic growth. It’s very disingenuous to assume the reason why people don’t support wealth taxes is because they believe they will one day be in the 1%. They don’t support wealth taxes for the most part because they understand they simply do not work. Zack Polanski is a dangerous man who isn’t even clear in his own mind why we need wealth taxes. His commitment to wealth taxes is ideological rather than evidence based. In the interview he explains that there’s a lot of the wealth in the city of London yet at the same time maintains that wealth taxes aren’t needed for raising tax revenues but are principally for reducing wealth inequality. So you mean to tell me the goal is the force some of the most economically productive people to leave so that we can all be poorer collectively but be more equal? In a country where 53% of households take more out of the state in benefits than they put in, what do you think will happen to the tax burden for working /middle class people if the top 1% leave or restructure their tax affairs in such as way that reduces their exposure to the UK. We are already at a post world war high when it comes to the tax burden and we are in real time seeing the damage it is doing to business and investor confidence in the UK economy. Yet you somehow think that levying even more taxes will have no impact on ordinary people?

D

86,577 görüntüleme • 5 ay önce

Politicians don’t care about wealthy and productive people leaving California. They intend to still press forward with wealth taxes. 25% of California income taxes are paid by the billionaires in the state who are now leaving?

Politicians don’t care about wealthy and productive people leaving California. They intend to still press forward with wealth taxes. 25% of California income taxes are paid by the billionaires in the state who are now leaving?

Wall Street Mav

26,590 görüntüleme • 6 ay önce

Bad faith actors will tell you that wealth taxes are impossible. Their game is obvious and we won’t play it. We’ll tax the rich, whether they like it or not. 💪 Gary Stevenson

Bad faith actors will tell you that wealth taxes are impossible. Their game is obvious and we won’t play it. We’ll tax the rich, whether they like it or not. 💪 Gary Stevenson

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I think Black people are the only people who don’t want to be White And that’s why they hate us 🎩

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The Black Tucker Carlson Jr 🇺🇸

76,903 görüntüleme • 1 yıl önce

President Trump: “I don’t care about [my stock market portfolio]. You know why I don’t care? Because I have a much bigger purpose. You know, this is, the Oval Office. It’s a much bigger purpose than whether or not I make money. As an example, the president is the highest paid person in government, and you know, by some standards, he gets a lot of money. I don’t. I’m the only president they say that’s ever given up my salary, I gave up my salary.” “I don’t get a salary, I gave it up, and that’s a lot of, by some standards, that’s a lot of money.”

President Trump: “I don’t care about [my stock market portfolio]. You know why I don’t care? Because I have a much bigger purpose. You know, this is, the Oval Office. It’s a much bigger purpose than whether or not I make money. As an example, the president is the highest paid person in government, and you know, by some standards, he gets a lot of money. I don’t. I’m the only president they say that’s ever given up my salary, I gave up my salary.” “I don’t get a salary, I gave it up, and that’s a lot of, by some standards, that’s a lot of money.”

RedWave Press

170,470 görüntüleme • 3 ay önce

Adam Carolla says people who make $70M a year are the one flourishing in California ‘There is a kind of a level of wealth that things don’t bother you anymore and people gas is $785 a gallon you know if you make $70M a year what’s the difference between $4 and $5’ ‘Alot of this guys don’t care before they suck it up with the wealth tax,when I was growing up in California the idea of moving somewhere else was absurd’ ‘And they were like move to Nashville and I’m like what ride house I don’t even know what Nashville is when your from California you don’t even know what Montana is’

Adam Carolla says people who make $70M a year are the one flourishing in California ‘There is a kind of a level of wealth that things don’t bother you anymore and people gas is $785 a gallon you know if you make $70M a year what’s the difference between $4 and $5’ ‘Alot of this guys don’t care before they suck it up with the wealth tax,when I was growing up in California the idea of moving somewhere else was absurd’ ‘And they were like move to Nashville and I’m like what ride house I don’t even know what Nashville is when your from California you don’t even know what Montana is’

zaza

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KELLOGG: None of American negotiators have been to Ukraine. Why? Why haven’t you come here? When you come here, you understand better what is happening. They were in Russia, but not here. They truly don’t understand who they’re dealing with, and they don’t understand Ukrainians.

KELLOGG: None of American negotiators have been to Ukraine. Why? Why haven’t you come here? When you come here, you understand better what is happening. They were in Russia, but not here. They truly don’t understand who they’re dealing with, and they don’t understand Ukrainians.

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They don’t care about your hospitals, or your schools, or your roads. They don’t care about the 30% of federal workers who are veterans or that families can’t afford health care. The only thing they are focused on right now is cutting taxes for billionaires.

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Real America's Voice (RAV)

16,178 görüntüleme • 5 ay önce

Bill Maher is SO CLOSE to figuring it out: “I just don’t understand the American economy. I really don’t. I don’t understand how there could be so much wealth and I pay so much in taxes and it doesn’t seem to get to the people. I don’t even mind doing it. Over half, always, way over half and I never read about the homeless getting better. Anything getting better. At least not in a city like [Los Angeles, California].” One word, Bill: FRAUD!

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Bill Maher is SO CLOSE to figuring it out: “I just don’t understand the American economy. I really don’t. I don’t understand how there could be so much wealth and I pay so much in taxes and it doesn’t seem to get to the people. I don’t even mind doing it. Over half, always, way over half and I never read about the homeless getting better. Anything getting better. At least not in a city like [Los Angeles, California].” One word, Bill: FRAUD!

RedWave Press

1,308,988 görüntüleme • 6 ay önce

“Is anybody else experiencing the whiplash of watching all of this crazy sh*t that’s happening lately and then you go to work and you’re around a bunch of people who very clearly don’t pay attention to anything and they just don’t care or don’t talk about any of it?” CAN YOU RELATE?

“Is anybody else experiencing the whiplash of watching all of this crazy sh*t that’s happening lately and then you go to work and you’re around a bunch of people who very clearly don’t pay attention to anything and they just don’t care or don’t talk about any of it?” CAN YOU RELATE?

TONY™

596,446 görüntüleme • 11 ay önce

“British culture is better now that it’s not only British.” I went to Whitechapel and asked people whether they prefer Britain or their homeland. Is it a good idea for Britain to be filled with people who don’t have any loyalty to the country?

“British culture is better now that it’s not only British.” I went to Whitechapel and asked people whether they prefer Britain or their homeland. Is it a good idea for Britain to be filled with people who don’t have any loyalty to the country?

Jess

196,485 görüntüleme • 2 yıl önce

Julia Davies, "It might sound like wealthy people pay more in tax, that's because they disproportionately have more of the wealth of the UK" Patriotic Millionaires UK "I'm speaking here as a wealthy person, so I would have to pay the proposed 2% wealth tax that we're talking about" "No matter what the lobby groups who don't want to tax wealth will tell us, it is not going to be a problem for wealthy people to pay that" "Who it is a problem for the moment is working people and small-medium sized businesses" "So while we are delaying implementing more measures to fairly tax wealth, we are increasing the strain on working people and small to medium sized businesses" "We have increased national insurance on working people.. We should have applied national insurance to income on wealth. That would have brought in a lot of money and it wouldn't have put our small businesses under strain" "I represent a group called Patriotic Millionaires, we absolutely don't think wealth is a dirty word, suggesting that asking for fair taxation of wealth is saying wealth is something dirty is nonsensical" "Asking for fair taxation of wealth is not punishing anyone. Asking working people to pay more national insurance and income tax, that is punishing people"

Julia Davies, "It might sound like wealthy people pay more in tax, that's because they disproportionately have more of the wealth of the UK" Patriotic Millionaires UK "I'm speaking here as a wealthy person, so I would have to pay the proposed 2% wealth tax that we're talking about" "No matter what the lobby groups who don't want to tax wealth will tell us, it is not going to be a problem for wealthy people to pay that" "Who it is a problem for the moment is working people and small-medium sized businesses" "So while we are delaying implementing more measures to fairly tax wealth, we are increasing the strain on working people and small to medium sized businesses" "We have increased national insurance on working people.. We should have applied national insurance to income on wealth. That would have brought in a lot of money and it wouldn't have put our small businesses under strain" "I represent a group called Patriotic Millionaires, we absolutely don't think wealth is a dirty word, suggesting that asking for fair taxation of wealth is saying wealth is something dirty is nonsensical" "Asking for fair taxation of wealth is not punishing anyone. Asking working people to pay more national insurance and income tax, that is punishing people"

Farrukh

28,211 görüntüleme • 1 yıl önce

The tax men don’t even care about source of your income, all they want is to tax it. Nigerians are not ready for these taxes at this time! The Nigerian problem is not a revenue problem, it is that we have squandamaniacs in power. #nigeria #taxes

The tax men don’t even care about source of your income, all they want is to tax it. Nigerians are not ready for these taxes at this time! The Nigerian problem is not a revenue problem, it is that we have squandamaniacs in power. #nigeria #taxes

Zekeri Idris Jnr

23,191 görüntüleme • 9 ay önce