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Facebook co-founder: Tax the rich at 50% to give $500-a-month free cash and fix income inequality
https://www.cnbc.com ^ | Tom Huddleston Jr. 10:47 AM ET Thu, 5 July 2018

Posted on 07/06/2018 10:32:16 AM PDT by ATOMIC_PUNK

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To: ATOMIC_PUNK

Gawd, communists are stupid.


41 posted on 07/06/2018 11:19:48 AM PDT by jacknhoo (Luke 12:51; Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
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To: ATOMIC_PUNK
$500 a month

How much is that in Soy Lattes?


42 posted on 07/06/2018 11:22:46 AM PDT by montag813
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To: ATOMIC_PUNK
... his "lucky break" is exactly what's wrong with America today.

Exactly, totally, 100-percent bass-ackwards. Being rich is not a bad thing. What's bad is not showing others how to repeat your success. What's stupid is not realizing that rich people, like your boss, create jobs for people like you, who through either hard work, luck, or a combination of both, also become rich.

Taking money from the rich and giving it to others without effort kills incentives to do better. Not knowing this simply proves that a Harvard education apparently gives short shrift to economics as one field of study. Otherwise you'd know that history is strewn with the wreckage of attempts at Socialism, with Venezuela currently on the top of the heap. Why add the US to that pile?

43 posted on 07/06/2018 11:27:29 AM PDT by econjack
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To: ATOMIC_PUNK

He made 1/2 billion in three years- So give it back to all of their subscribers, or their stockholders, or to the government, or to the ‘guy’ on the street, or give it to me. None of the above will fee guilty for having his wealth.


44 posted on 07/06/2018 11:31:24 AM PDT by dirtymac
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To: ATOMIC_PUNK

The fiscal and economic idiocy and ignorance is so typical. I don’t doubt he means it but the new Socialist Billionaire class of Americans are morons.


45 posted on 07/06/2018 11:58:40 AM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: ATOMIC_PUNK

What’s funny is that the benefit, just like food stamps, welfare, and Medicaid, will still not be considered “income.”

So giving them $500 or $1,000,000 a month will still make their income $0.


46 posted on 07/06/2018 11:59:49 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: ATOMIC_PUNK

And,of course,he’ll donate to the Treasury all but $5 million of his net worth and all but $750,000 of his yearly income to help fund this plan.


47 posted on 07/06/2018 12:07:10 PM PDT by Gay State Conservative (You Say "White Privilege"...I Say "Protestant Work Ethic")
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To: ATOMIC_PUNK
Well, hells bells.

If they're going to start giving money away to people, where do I sign up, so I can quit my job and lay around all day complaining and protesting about how bad I have it?

48 posted on 07/06/2018 12:09:03 PM PDT by HotHunt
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To: ATOMIC_PUNK

Income inequality

What about Stupid and Ignorance Inequality?


49 posted on 07/06/2018 12:15:32 PM PDT by topspinr
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To: ATOMIC_PUNK

Better idea : lets start by REDISTRIBUTING HIS WEALTH - 99% of it immediately. He could do it himself if he really wanted to...

Yes typical Libtard - very generous with OTHER people’s money


50 posted on 07/06/2018 12:50:31 PM PDT by elbook
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To: ATOMIC_PUNK

You first. Nobody is stopping you big shot.


51 posted on 07/06/2018 12:51:44 PM PDT by bray (Pray for President Trump)
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To: freedumb2003

I’d really wish president trump would enlarge a tax form. Stand in front of the media and point to the block that says extra voluntary taxes paid. Call out anyone who wants to pay more can do so in this block. Add that the proceeds will go towards the national debt. Let’s see if we can pay that bugger off. Whose with me???? It would be interesting to see the total every April.


52 posted on 07/06/2018 1:13:06 PM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
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To: elbook

“Tax the rich,
feed the poor,
‘till there are
no rich no more.”

Ten Years After (I think?)


53 posted on 07/06/2018 1:15:08 PM PDT by 21twelve
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To: ATOMIC_PUNK

Communism at it’s best. F Facebook!


54 posted on 07/06/2018 1:16:10 PM PDT by wetgundog (Mainstream Media, Lying Liars Lying.)
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To: ATOMIC_PUNK

“If those companies are making billions of dollars in profits, in part thanks to data collection, Hughes argues, then “there is an opportunity to say: Our collective data is powering these profits, we should all share a little bit in the upside.”

I’m actually sort of with him on that. On the other hand, we are getting those services for free (google search, google maps, etc.) - so without those companies being able to make money off of them by selling MY data, then they would need to charge me for it.

So - I’m either paying with a dollar bill, or with my data. The day may come when we all wished we had just opted out of the data collection and paid Mr. Internet $50 a month to use their services. (Of course, they would still have all of our data).


55 posted on 07/06/2018 1:21:34 PM PDT by 21twelve
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To: ATOMIC_PUNK

Let him give people $500 a month.


56 posted on 07/06/2018 1:45:02 PM PDT by MissEdie (I am South Carolina Strong.)
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To: ATOMIC_PUNK

These type people will soon become extinct largely due to their own elitist ignorance......


57 posted on 07/06/2018 1:57:58 PM PDT by cranked
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To: ATOMIC_PUNK

Why stop at 50 percent? Take all their earnings above the national average earnings.


58 posted on 07/06/2018 3:14:56 PM PDT by Retvet (Retvet)
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To: mastertex

>>What is RICH.....20K 40K what is the number??<<

The liberal answer is “anyone who makes more than me.” Except for the liberal multimillionaire politicians (which is the bulk of them). Then it is “anyone not one of my constituents.”


59 posted on 07/06/2018 3:52:25 PM PDT by freedumb2003 ("please pass the winnamins" (/Principled on 6/27/2018))
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To: ATOMIC_PUNK

Another mega-rich trying to keep the masses poor and oppressed and dependent on him.

These guys are pathological.
The way to fix income inequality is to give them opportunity.
Help them on the first step of the ladder. For example stop this craziness about a $15 minimum wage which is destroying opportunity for those that needed it the most.


60 posted on 07/06/2018 8:01:45 PM PDT by Toughluck_freeper
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