This is the kind of thinking that could bankrupt a college.
Posted on 09/18/2019 6:05:06 PM PDT by yesthatjallen
This is the kind of thinking that could bankrupt a college.
Free everything for everybody (except conserevatives). Senile old bolshevik.
( I hope Larry David does his Bernie impression again.)
Why don’t we just take the spare homes of those who have more than one?
You forgot one word ...
Paging Messr. Le Corbusier.
“and would be paid for by a wealth tax on the top one-tenth of 1 percent of income earners.”
Take away the income from the top one-tenth of 1 percent of income earners and they can no longer use it to create new jobs, or even maintain existing jobs.
I had a pony.
My sister had pony. ...
Seinfeld
https://youtu.be/U4NjRLqSc2Q
There’s no limit to the generosity of Socialists using other people’s money.
We all know how well the public housing projects have worked out in our big cities. Now Bernie wants to build more.
Pruitt- Igoe. The housing project championed to save the world.
https://en.m.wikipedia.org/wiki/Pruitt%E2%80%93Igoe
First of all, all of his proposals are paid for the same way - which means triple, quadruple, quintuple taxes on this group.
Second, he doesn't seem to get it - a "wealth tax" is not a tax on "income", it is a tax on savings and accumulated appreciation. You can be very wealthy and have very little income. But the way this is going, Bernie will ensure that the opposite will never be true - you can have a very high income but will never become wealthy if the left takes control and institutes these crazy ideas.
I have always believed that this is the soft underbelly of the leftist's arguments, and should become part of the ideological battle against the left. All these proposals serve to benefit the entrenched interests and people/families who are already wealthy. Look at how Obamacare alone was a boon for a handful of insurers to where nearly half the country has no competition for health insurance. If you wanted to start for example a jeans business your startup capital will be harder to accumulate. Your capital costs, forced depreciation schedule,disallowed expenses and a high income tax rate means that you cannot reinvest your profits into the business - they put you at a severe competitive disadvantage. Levi-Strauss already has their equipment, their plants, their assembly lines and trucks. They can operate at a much slimmer margin in order to squeeze upstarts out of the business - the tax code (especially the tax code these leftists are proposing) will make competition that much more difficult. Nearly all of these proposals are actually good for billionaires and big business and industry and very bad for the little person who wants to try to build something to compete with them.
How very old world soviet of the Bern. That honeymoon in Soviet Russia just filled his head up with great ideas. /S
Excellent! This is a great analogy.
Dang, I just posted the same.
My wife lived there briefly when she was a young girl.
Perhaps even forcing one percenters into homelessness.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
