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To: Enlightened1
Consider a billionaire with a $1,000 investment who earns a 6% return, or $60, received as a capital gain, dividend or interest. If all of Ms. Warren's taxes are implemented, he could owe 58.2% of that, or $35 in federal tax.

Trash article.

This guy didn't even read the plan. The Social Security tax only applies to wages and salary, not investment income.

9 posted on 11/17/2019 4:05:55 PM PST by semimojo
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To: semimojo

Yea but the wealth tax applies to wealth regardless of income. That’s an immediate losernodna policy


11 posted on 11/17/2019 4:15:42 PM PST by wiseprince
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