Elizabeth Warren 2020 Megathread v2 (pg 35 - Emily List support)

[John Dule]

Between "okay boomer" and now this, the left's arguments for socialism are in danger of becoming just as anti-intellectual and trollish as the arguments for Trump.

>Thinking Warren is a socialist


Ok boomer is peak foolish though

Warren is clearly , cleary a socialist. No capitalist would propose insane things like her wealth tax or her capital gains tax proposal

[KaiserDave]

Between "okay boomer" and now this, the left's arguments for socialism are in danger of becoming just as anti-intellectual and trollish as the arguments for Trump.

>Thinking Warren is a socialist


Ok boomer is peak foolish though

Warren is clearly , cleary a socialist. No capitalist would propose insane things like her wealth tax or her capital gains tax proposal

Her plans preserve the market framework and do not redistribute the means of production, therefore she is not a socialist. Not all capitalists are right wingers.

[OSR stands with Israel]

Between "okay boomer" and now this, the left's arguments for socialism are in danger of becoming just as anti-intellectual and trollish as the arguments for Trump.

>Thinking Warren is a socialist


Ok boomer is peak foolish though

Warren is clearly , cleary a socialist. No capitalist would propose insane things like her wealth tax or her capital gains tax proposal

Her plans preserve the market framework and do not redistribute the means of production, therefore she is not a socialist. Not all capitalists are right wingers.

Just because she isnt a full on socialist like Bernie doesnt mean she is more capitalist than socialist.


Also opposing the Wealth Tax does not equal right wing by any stretch of the imagination

[KaiserDave]

Between "okay boomer" and now this, the left's arguments for socialism are in danger of becoming just as anti-intellectual and trollish as the arguments for Trump.

>Thinking Warren is a socialist


Ok boomer is peak foolish though

Warren is clearly , cleary a socialist. No capitalist would propose insane things like her wealth tax or her capital gains tax proposal

Her plans preserve the market framework and do not redistribute the means of production, therefore she is not a socialist. Not all capitalists are right wingers.

Just because she isnt a full on socialist like Bernie doesnt mean she is more capitalist than socialist.


Also opposing the Wealth Tax does not equal right wing by any stretch of the imagination

Bernie is to the left of Warren but he still supports the market framework.

[GP270watch]

Warren is clearly , cleary a socialist. No capitalist would propose insane things like her wealth tax or her capital gains tax proposal

BRUH

 Adam Smith probably would.

 Smith stated "it is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion", because a tax on "the luxuries and vanities of life [which] occasion the principal expense of the rich... would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable."

[OSR stands with Israel]

Warren is clearly , cleary a socialist. No capitalist would propose insane things like her wealth tax or her capital gains tax proposal

BRUH

 Adam Smith probably would.

 Smith stated "it is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion", because a tax on "the luxuries and vanities of life [which] occasion the principal expense of the rich... would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable."

That is not a wealth tax

[GP270watch]

 Seeing the replies in this Warren thread and in others just shows how the rich and money class have fundamentally won the narrative on income inequality. Even if people favor higher taxes on the rich they still speak the language of this propaganda with nonsense like "job creators", "stimulate the economy", "free market" and "innovators" and such other nonsense.

 There is an insane resistance to taking some taxes and even wealth from what are the richest people on Earth. Yet there is a class of people who we take every dime from and that's the working poor. Between private business and increasingly Government agencies the working poor literally have every dollar they make taken away from them, just trying to maintain. Where is the outrage over this? As a class the working poor are way bigger job creators than the richest Americans, they're actually America's most reliable piggy bank. More so than the middle class because they can manage to build some wealth for themselves, the working poor have basically zero.

 I urge people to really look into this subject because you'll be shocked at the numbers. And when you learn these numbers really think about how saying with a straight face that taxing hundred billionaires is really "unfair" or "unconstitutional" is completely ludicrous.

 Then realize that not only are we not taxing the tens of billionaires and hundred billionaires fairly, there are people who do nothing but dream up new schemes and cons like "opportunity zones" to shield massive amounts of money from taxation. So they're paying less taxes if no taxes at all. And there's more coming down the pipeline like capital gains being indexed to inflation and privatizing Social Security to transfer massive amounts of money to the hands of very few people.

 Trump's tax cut that he actually passed in a time of massive income inequality is literally millions of times more absurd than Warren proposed taxes and social programs and yet it passed, is going to do longterm damage to government budgets and most working folks, and has exacerbated the problem of income inequality.

[OSR stands with Israel]

The problem with a wealth tax isnt the fact that Bill Gates or Jeff Bezos would be a lot less richer the problem is that it would significantly impact companies like Microsoft and Amazon and their ability to do the innovations they did.

[OSR stands with Israel]

Also look at things such as median income and GDP(PPP) per capita and you will see that the US is in much much better economical shape than Canada or the EU

[President Johnson]

The problem with a wealth tax isnt the fact that Bill Gates or Jeff Bezos would be a lot less richer the problem is that it would significantly impact companies like Microsoft and Amazon and their ability to do the innovations they did.

This. I'm for it that top-income owners are paying a higher income tax, but leftists often imply folks like Bill Gates or Michael Bloomberg have some billions of cash on their bank account and you just need to take that away, give it to the poor and everything is fine. In reality, a wealth tax as proposed would impact companies and with them a lot of jobs.

[OSR stands with Israel]

The problem with a wealth tax isnt the fact that Bill Gates or Jeff Bezos would be a lot less richer the problem is that it would significantly impact companies like Microsoft and Amazon and their ability to do the innovations they did.

This. I'm for it that top-income owners are paying a higher income tax, but leftists often imply folks like Bill Gates or Michael Bloomberg have some billions of cash on their bank account and you just need to take that away, give it to the poor and everything is fine. In reality, a wealth tax as proposed would impact companies and with them a lot of jobs.

Yah it seems like most leftists think most of Jeff Bezos assets come from Cash, or things like Vacation homes or other "luxury" assets and all which is just a laughable claim.

[GP270watch]

Also look at things such as median income and GDP(PPP) per capita and you will see that the US is in much much better economical shape than Canada or the EU

 We have a lower quality of life rating than Canada or most EU countries.

[OSR stands with Israel]

Also look at things such as median income and GDP(PPP) per capita and you will see that the US is in much much better economical shape than Canada or the EU

 We have a lower quality of life rating than Canada or most EU countries.

That is a qualitative survey,the numbers I am citing are quantitative surveys which are far far more reliable.

[GP270watch]

Also look at things such as median income and GDP(PPP) per capita and you will see that the US is in much much better economical shape than Canada or the EU

 We have a lower quality of life rating than Canada or most EU countries.

That is a qualitative survey,the numbers I am citing are quantitative surveys which are far far more reliable.

 It's actually a formula derived from severals metrics based on data. It's not a COSMO quiz to find your perfect partner but nice try.

[GP270watch]

The problem with a wealth tax isnt the fact that Bill Gates or Jeff Bezos would be a lot less richer the problem is that it would significantly impact companies like Microsoft and Amazon and their ability to do the innovations they did.

 Why would it hurt these publicly traded companies if more of their shares were available to the public instead of a few founders?

[OSR stands with Israel]

The problem with a wealth tax isnt the fact that Bill Gates or Jeff Bezos would be a lot less richer the problem is that it would significantly impact companies like Microsoft and Amazon and their ability to do the innovations they did.

 Why would it hurt these publicly traded companies if more of their shares were available to the public instead of a few founders?

The stock value of the company would crash if you are forcing so many shares to be sold at once

[🐒Gods of Prosperity🔱🐲💸]

Warren is facing a full onslaught from the corporate media. The fact that she has the billionaire class shook up means she's probably still the real front runner. If the "smart money" is wasting their time and money to attack her they're doing so for a reason.

Those billionaire journalists at it again!

[GP270watch]

Warren is facing a full onslaught from the corporate media. The fact that she has the billionaire class shook up means she's probably still the real front runner. If the "smart money" is wasting their time and money to attack her they're doing so for a reason.

Those billionaire journalists at it again!

Corporate owned media.

[GP270watch]

The problem with a wealth tax isnt the fact that Bill Gates or Jeff Bezos would be a lot less richer the problem is that it would significantly impact companies like Microsoft and Amazon and their ability to do the innovations they did.

 Why would it hurt these publicly traded companies if more of their shares were available to the public instead of a few founders?

The stock value of the company would crash if you are forcing so many shares to be sold at once

 Bezos regularly sells Amazon stock in the hundreds of millions or even billions when he wants to fund his space company, so I'm not buying that.

Jeff Bezos sells Amazon stock worth $2.8 billion last week

 Ya'll really got people in here saying anything, with no research or knowledge. It's embarrassing.

[🐒Gods of Prosperity🔱🐲💸]

Warren is facing a full onslaught from the corporate media. The fact that she has the billionaire class shook up means she's probably still the real front runner. If the "smart money" is wasting their time and money to attack her they're doing so for a reason.

Those billionaire journalists at it again!

Corporate owned media.

That's a meaningless slogan for when someone prints anything leftists don't like.

[OSR stands with Israel]

The problem with a wealth tax isnt the fact that Bill Gates or Jeff Bezos would be a lot less richer the problem is that it would significantly impact companies like Microsoft and Amazon and their ability to do the innovations they did.

 Why would it hurt these publicly traded companies if more of their shares were available to the public instead of a few founders?

The stock value of the company would crash if you are forcing so many shares to be sold at once

 Bezos regularly sells Amazon stock in the hundreds of millions or even billion when he wants to fund his space company, so I'm not buying that.

Jeff Bezos sells Amazon stock worth $2.8 billion last week

 Ya'll really got people in here saying anything, with no research or knowledge. It's embarrassing.

No research of knowledge lmao:

https://taxfoundation.org/impact-piketty-s-wealth-tax-poor-rich-and-middle-class/

This is not even including her proposal to tax capital gains annually instead of after the point of sale which is insanity in every way .

[GP270watch]

Corporate owned media.


That's a meaningless slogan for when someone prints anything leftists don't like.

 There are less independent news sources and massive consolidation has happened in the news media space by big corporations. I think it's a pretty accurate label. You watch MSNBC which is supposedly "leftist" and its owned by Comcast.

[GP270watch]

No research of knowledge lmao:

https://taxfoundation.org/impact-piketty-s-wealth-tax-poor-rich-and-middle-class/

Quoting a rightwing think tank is not research.

 You said Bezos selling stock would make Amazon stock price crash, I showed you how he sold billions of dollars of stock and nothing happened. So what's the dispute?

[OSR stands with Israel]

No research of knowledge lmao:

https://taxfoundation.org/impact-piketty-s-wealth-tax-poor-rich-and-middle-class/

Quoting a rightwing think tank is not research.

 You said Bezos selling stock would make Amazon stock price crash, I showed you how he sold billions of dollars of stock and nothing happened. So what's the dispute?

First of all to pay for the wealth tax Bezos would have to dump over 6 billion in stocks which is a significant increase from 2.8 billion and unlike when he sold 2.8 Billion in stock this time Bill Gates would have to dump billions in stock he has in Micrsoft, so would Mark Zuckerburg in Facebook, so would Elon Musk in Tesla, etc all in a very short span and so on and so with many other companies.



 

[GP270watch]

No research of knowledge lmao:

https://taxfoundation.org/impact-piketty-s-wealth-tax-poor-rich-and-middle-class/

Quoting a rightwing think tank is not research.

 You said Bezos selling stock would make Amazon stock price crash, I showed you how he sold billions of dollars of stock and nothing happened. So what's the dispute?

First of all to pay for the wealth tax Bezos would have to dump over 6 billion in stocks which is a significant increase from 2.8 billion and unlike when he sold 2.8 Billion in stock this time Bill Gates would have to dump billions in stock he has in Micrsoft, so would Mark Zuckerburg in Facebook, so would Elon Musk in Tesla, etc all in a very short span and so on and so with many other companies.



 

 He sold nearly 3 billion in stock in a single week and there was no tangible effect on markets or Amazon stock price.

 A six billion dollar tax bill could be broken into 4 quarters and would be $1.5 billion, very doable. And it would fund tremendous social programs that would have their own stimulative effect on the economy. Like millions of women working because they had competent childcare, or students studying fields that could lead to new innovations and close the skills gap instead of chasing a job in finance because it offers job security and healthcare benefits.