2 ms·

I like Bill, but I agree. Notice how averse Bill was to Elizabeth Warren's wealth tax idea. That's a tax that would actually impact his bottom line. Instead

I like Bill, but I agree. Notice how averse Bill was to Elizabeth Warren's wealth tax idea. That's a tax that would actually impact his bottom line. Instead he supports an income tax -- which would effect working people the same way a wealth tax would effect him -- but would have almost no impact on his personal wealth.

lend000 7y ago
If only we could combine the two for a wealth-based income tax. If you're already worth 20M, should you be paying a higher rate on your 500k in interest than if you just sold your first company for 500k and previously had nothing? I think that's a reasonable way to address income inequality in the long run without forcing people to liquidate assets, especially those like Elon Musk who have most of their wealth tied into companies they actively manage or people whose entire net worth is tied up in historical family properties.
teslaberry 7y ago
theres a lot of problems woth the tax code. the real problem is democracy promotes jealousy by the mobs. bill gates wealth is a symptom bot a cause. this basic observation is lost on jealous people who cannot think with eational calm minds and think with emotion. the left emboldens this feminin style emotional thinking. If a doctor treated his patients symptoms theyd feel great mostly and thabj the doctor up until they died. and thats how medicine was for most of human history until rational thinkers came to dominate the governance of the cartel that practices medicine. theyre call moder western doctors. if you want to byild sustainable taxation look at how th systems money floes were unsustainable bastardized. IT NEVER staryed with some guy being richer than you. and it wont be fixed by indulging misheld dreams that yiu can fix everuthing by pulling down the endproduct of this outcome. you must divert the river streams this includes preveneting bill gates from using his funds to lobby against this. hint....most unearned income is taxed little if at all. and that is how bill gates fortune keeps him richer and richer. just like most everyone else with excessive savings and capital.

lend000 7y ago

If only we could combine the two for a wealth-based income tax. If you're already worth 20M, should you be paying a higher rate on your 500k in interest than if you just sold your first company for 500k and previously had nothing? I think that's a reasonable way to address income inequality in the long run without forcing people to liquidate assets, especially those like Elon Musk who have most of their wealth tied into companies they actively manage or people whose entire net worth is tied up in historical family properties.

teslaberry 7y ago

theres a lot of problems woth the tax code. the real problem is democracy promotes jealousy by the mobs. bill gates wealth is a symptom bot a cause. this basic observation is lost on jealous people who cannot think with eational calm minds and think with emotion. the left emboldens this feminin style emotional thinking. If a doctor treated his patients symptoms theyd feel great mostly and thabj the doctor up until they died. and thats how medicine was for most of human history until rational thinkers came to dominate the governance of the cartel that practices medicine. theyre call moder western doctors. if you want to byild sustainable taxation look at how th systems money floes were unsustainable bastardized. IT NEVER staryed with some guy being richer than you. and it wont be fixed by indulging misheld dreams that yiu can fix everuthing by pulling down the endproduct of this outcome. you must divert the river streams this includes preveneting bill gates from using his funds to lobby against this. hint....most unearned income is taxed little if at all. and that is how bill gates fortune keeps him richer and richer. just like most everyone else with excessive savings and capital.