It’s time to pay up, billionaires

Pay your fucking fair share or else.

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Based Biden

Why not tax the corporations? Why no flat tax. No deductions? What did they mean by not doing this

>a tax on all billionaires
a tax on all millionaires
>a tax on the middle class
a tax on the poor

billionaires will just invest all their money into their companies and get "perks" like free company homes and yachts without paying taxes

>billionaires leave or hide their assets
Yeah based

It's a tax on unrealized gains though.
Everyone will be homeless since they inflated the value of their houses with money they printed themselves and now demand they pay them 20% of the worth every year.

Potato head got the bills for giving away all that money for COVID and Ukraine.

>20% billionaire tax
What exactly are they taxing 20% of? Net worth?
Inb4 >read the article
No

Because corporate tax is basically 100% avoided by loopholes

Its probably fake.

Most billionaires just avoid taxes with a new loophole. Like how they take debt against their earnings so it technically counts as a loss and not taxed

To enact this, all transactions over $5 are to be reported to the IRS. All transactions under $5 are to be closely monitored for structuring. Every cash transaction must be approved with a fingerprint scan.

Sincerely, the DNC.

Your already there bro

>billionaire tax
Wait, what are they actually taxing? Income? Wealth?

there is zero doubt that the richest people will find a way to avoid these taxes. Exactly the same way that the super rich avoided income taxes when they were first approved on the mega rich.

Just like income taxes found their way into the middle class, this unrealized gains shit will move to the rest of us. Hope you enjoyed the increase in value of your home

why can't biden put a tariff and cut back domestic taxes to fuck over globalist and promote small business growth at home?

Taxing unrealized gains is the most jew nigger faggot shit

This is opening negotiates for Zuckerberg 100% nursing home turnout tier donations from billionaires not actually raising their taxes if anyone is wondering.

There's no reason it can't be calibrated to target billionaires but they won't do it because our government is run by corrupt goons

You're actually autistic. It means the classes below are going to hurt more whilst the rich can basically avoid it.

Space Force was given NASA's sized budget. Kek and LoL.

Unrealized gains.

Unrealized gains.

tariffs don't actually promote growth at home. Small businesses benefit from trade too, either directly if they import raw materials or export their goods abroad. Or indirectly, because they do business with companies that trade or because they have customers that have more money available because of trade.