Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Sgt_Schultze
He should have Republicans get behind an initiative to heavily tax those with net worths in excess of $1 billion

I think he should propose a trust fund distribution tax for any distributions to people who did not set up the fund(with exemptions for spouse and children under 18) This would get money from the "trust fund kids" that largely make up the Democrat party. People like the Kennedy family for example. Also, many of these trust funds distribute money to "non-profits" that then employ these same kids, so those kinds of distributions should also be taxed. I'd love to see them try to defend taxing trust fund distributions, since it's primarily the wealthy people who have them to avoid paying high taxes in the first place. Then when they die, their kids can live on the money for years without having the need to get a job. Let see them defend that--our slogan should be that "they should pay their fair share."

44 posted on 02/07/2020 9:57:36 AM PST by The Enlightener
[ Post Reply | Private Reply | To 32 | View Replies ]


To: The Enlightener

I like that!

I’d also like them to do something about the setting up of non-taxable foundations and then gifting tens of billions in untaxed gains to the foundation (Gates and Buffet).


46 posted on 02/07/2020 11:31:23 AM PST by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves)
[ Post Reply | Private Reply | To 44 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson