Like Constance said, and I may add, they are not idiots. You slap a 30% tax on their wealth, they will leave, the real estate and stock markets will collapse, and you will be eating out of a garbage can like in Venezuela. There is a reason out of the 12 European countries that tried it, only three are still doing it. It is idiotic.
Like Constance said, and I may add, they are not idiots. You slap a 30% tax on their wealth, they will leave, the real estate and stock markets will collapse, and you will be eating out of a garbage can like in Venezuela. There is a reason out of the 12 European countries that tried it, only three are still doing it. It is idiotic.
No they will not leave, the markets will not collapse and noone will be eating out of garbage cans. Their net worth will be largely unchanged, their lifestyles with be largely unchanged, they will still be filthy rich. Do not associate my comment with that hair-on-fire nonsense.
That's because they are mentally ill. It has nothing to do with their wealth. There are soup kitchens in every major city in the country and we have to most obese people in the world at all income levels.
"...Robert Reich, ClintonтАЩs Secretary of Labor and avid Obama supporter, wants to deny health care to old folks. TheyтАЩre too expensive. He also told an audience in 2007 that most people will not live longer than their parents. Again, too expensive. He wants to force medical technology corporations to stop developing new life-saving technology...."
Well I thought you were a reasonable person in a cesspool of nonsense, but I can see you are like the rest. Yes, the markets will collapse, they will still be filthy rich (just not in the US) and you will be eating out of garbage cans. You can look up what the richest people in France did when they imposed a wealth tax. It did set their politicians hair on fire due to the law of unintended consequences.
I don't even know why I would comment on Robert 3rd Reichs page. It is an echo chamber of stupidity. I remember when he said grandma might have to die when obamacare was passed. She lived a good life and there won't be enough health care money to go around.
Like Constance said, and I may add, they are not idiots. You slap a 30% tax on their wealth, they will leave, the real estate and stock markets will collapse, and you will be eating out of a garbage can like in Venezuela. There is a reason out of the 12 European countries that tried it, only three are still doing it. It is idiotic.
They will not leave, because a well ordered society is of great benefit to them.
Why are there no billionaires in Somalia ?
Because Somalia is a shithole. There are several billionaires in Costa Rica, Panama, Belieze and Honduras.
No they will not leave, the markets will not collapse and noone will be eating out of garbage cans. Their net worth will be largely unchanged, their lifestyles with be largely unchanged, they will still be filthy rich. Do not associate my comment with that hair-on-fire nonsense.
I think you are correct, except that plenty of our people are eating out of garbage cans today.
That's because they are mentally ill. It has nothing to do with their wealth. There are soup kitchens in every major city in the country and we have to most obese people in the world at all income levels.
It was a metaphor...
"...Robert Reich, ClintonтАЩs Secretary of Labor and avid Obama supporter, wants to deny health care to old folks. TheyтАЩre too expensive. He also told an audience in 2007 that most people will not live longer than their parents. Again, too expensive. He wants to force medical technology corporations to stop developing new life-saving technology...."
Well I thought you were a reasonable person in a cesspool of nonsense, but I can see you are like the rest. Yes, the markets will collapse, they will still be filthy rich (just not in the US) and you will be eating out of garbage cans. You can look up what the richest people in France did when they imposed a wealth tax. It did set their politicians hair on fire due to the law of unintended consequences.
I don't even know why I would comment on Robert 3rd Reichs page. It is an echo chamber of stupidity. I remember when he said grandma might have to die when obamacare was passed. She lived a good life and there won't be enough health care money to go around.