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Sanders Calls for ‘National Wealth Registry’ to Enforce New Tax
National Review ^ | September 24, 2019 12:27 PM | Mairead Mcardle

Posted on 09/25/2019 7:16:39 AM PDT by karpov

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To: Gay State Conservative
three years after enactment this registry will be required for anyone with a net worth over $15,000.

Bernie SAYS he wants to eliminate "billionaires". What he really means is he wants to take your 401(k).

21 posted on 09/25/2019 7:27:03 AM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: karpov
Sanders’ annual tax on the top 0.1 percent would apply to Americans with a net worth of over $32 million, or about 180,000 households, and would raise approximately $4.35 trillion over the next decade, the Sanders campaign estimates.

Not when they leave.........

22 posted on 09/25/2019 7:27:50 AM PDT by Red Badger (Against stupidity the gods themselves contend in vain......................)
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To: karpov

Wasn’t there a time in this nation where we hated communists, and pushed them back into their pinko closets?


23 posted on 09/25/2019 7:30:36 AM PDT by vpintheak (Stop making stupid people famous!)
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To: karpov

How about that we instead enact a tax on and set up a registry of socialist idiots? Bernie is a socialist, campaigns for higher taxes, and is surely an idiot, so he can proudly be the first to register.


24 posted on 09/25/2019 7:31:08 AM PDT by Rockingham
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To: karpov

I guess old Bernie forgot about that lakefront vacation house he bought.

Bernie is a socialist.

Hahahahahahahahahahahahahahaha!


25 posted on 09/25/2019 7:31:35 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: karpov

After Trump takes out Biden in the next few days - THIS is his opposition in 2020.

HA HA HA HA HA


26 posted on 09/25/2019 7:32:22 AM PDT by PGR88
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To: rktman

Problem is, you can tax wealth only once. After that the threshold has to be lowered. In a few years you run out of OPM.


27 posted on 09/25/2019 7:32:31 AM PDT by DownInFlames (Galsd)
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To: karpov

Just think of the bureaucracy required to calculate the wealth of those in the top x% (x being subject to change of course). They would have to be able to look into everything one might own, everywhere. Property owned or held overseas? Property in safe deposit boxes? Art collections? Contents of private vaults? If the IRS’s ability to look into all sources of income in intrusive, just imagine this.

And, of course, just like the income tax was, at first, only for the rich, you can count on the fact that the threshold of this tax will constantly be lowered.


28 posted on 09/25/2019 7:33:48 AM PDT by hanamizu
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To: blueunicorn6

Bought? There was something fishy about the acquisition of that property. But at least he using it to house “undocumented” folks right? Crickets increase to 130db !!!!


29 posted on 09/25/2019 7:35:18 AM PDT by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: karpov

Bernie needs an intervention.

5.56mm


30 posted on 09/25/2019 7:37:07 AM PDT by M Kehoe (DRAIN THE SWAMP! BUILD THE WALL!)
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To: karpov

When I see the word “registry”, the next word that comes to my mind is “unconstitutional.”


31 posted on 09/25/2019 7:38:46 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: M Kehoe
Bernie needs an intervention.

Probably needs an exorcism.

32 posted on 09/25/2019 7:40:44 AM PDT by CommerceComet (Hillary: A unique blend of arrogance, incompetence, and corruption.)
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To: karpov

The last revolution was over a 1 cent tax on tea, and the shooting began when the British went to confiscate guns and gun powder.

I guess Sanders flunked history.


33 posted on 09/25/2019 7:40:49 AM PDT by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: Gay State Conservative

Unless, that is, Bernie’s net worth mysteriously balloons beyond that number. His initial focus was on millionaires in ‘15 and ‘16, but since he somehow became a millionaire, he’s now targeting billionaires. See how socialism works?

As has been said on many occasions, “Socialism is for the people, not the socialists.” It’s analogous to the way our Congress operates; laws, like Obamacare, are for us, but not for members of Congress.


34 posted on 09/25/2019 7:40:50 AM PDT by ManHunter (You can run, but you'll only die tired... Army snipers: Reach out and touch someone)
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To: karpov

I think it was George McGovern who proposed a wealth tax back in 1972... I remember Ayn Rand objecting “By What Right?” Making the point that there is no right of the U.S. federal government to “take” wealth arbitrarily via federal tax.


35 posted on 09/25/2019 7:41:49 AM PDT by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
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To: Reily

“If there actually was such a tax some of the extremely wealthy liberals would not such social justice enthusiasts”!

That’s not how it works. Commies exempt their own. For example, Soros would be exempt.


36 posted on 09/25/2019 7:45:08 AM PDT by laplata (The Left/Progressives have diseased minds.)
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To: karpov

How much money and how many guns do you own? /S (Maybe)


37 posted on 09/25/2019 7:45:19 AM PDT by Road Warrior ‘04 (Boycott The NFL! Molon Labe! Oathkeeper)
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To: ReleaseTheHounds
"Political power grows out of the barrel of a gun."

-Mao Tse Tung

Bernie understands this; most leftists do.

The authors of the Second Amendment also understood it.

38 posted on 09/25/2019 7:46:03 AM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: ClearCase_guy

If you want to retain your hard earned gold and silver you had better stock up on brass and lead.


39 posted on 09/25/2019 7:49:25 AM PDT by RJS1950 (The democrats are the "enemies foreign and domestic" cited in the federal oath)
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To: laplata

I know that, I am not that naïve.

Just pointing out if there was a tax structure that socked wealth like it does income there would be less enthusiasm by the likes of Buffet, Gates, & Steyer for lib nonsense.

A national sales tax replacing income tax might do that.


40 posted on 09/25/2019 7:52:12 AM PDT by Reily
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