Those who sent the infant to the battlefield should be highly condemned for the crime of Have a much Betta Christmas shirt, sweater. It takes the IRS and taxpayers a week to litigate the value of donated vacant land. It could take months to litigate someone’s net worth if the self-reported amount is challenged. And it will cost the government and taxpayer millions in expert witness costs to fight the battle with just one taxpayer each year. Doing this on a large scale would utilize a ton of government resources per taxpayer subject to the tax. Please explain how this wealth tax, as well as all the other tax increases on the wealthy the Dems are proposing, wouldn’t be passed on to the consumers in higher costs for goods and services from the companies that these billionaires own or are invested in.
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We are paying the piper for Have a much Betta Christmas shirt, sweater. You can’t have an economic system where the working class slaves themselves to death, goes into massive debt just to survive, all to sustain the livelihood of few hundred billionaires and expect things to work indefinitely. Of course the billionaires and boomers will all be dead and younger folk will be the ones who suffer the consequences. It also isn’t clear if having a supreme leader who owned everything and pieced it out to us would be bad. We should try it because people’s livelihoods don’t matter if GDP is up.