New York real estate baron Steve Roth, who unlike Donald Trump is a competent New York developer, said that the phrase “Tax the rich” was hate speech comparable to “disgusting racial slurs”.
Tax the rich.
This piece of shit is apparently able to completely ignore how the victims of those disgusting racial slurs made him rich. Steve Roth is not smarter or better than any of those people.
Tax the rich.
Slavery and worker exploitation that approaches slavery is what the American moneyed class is built on. The rich in this country did not make their money by being smart or clever, they became rich on the suffering of others.
Tax the rich.
The new rich have changed to a paradigm of wealth accumulation by sucking the life out of ordinary people. They are less racist, I suppose, because they will fuck over anybody.
Tax the rich.
Meanwhile, worker productivity continues to skyrocket, but the workers do not benefit. The benefit is concentrated among a handful of rich assholes.
Tax them. Tax the rich. Take the value created by the people actually doing the work and distribute it, first to those people, and secondarily to everyone else.
They did not earn their wealth. Tax them.
Well, Jerry, you are singing the Massachusetts (Taxachusetts) mantra. Here, we DO tax the rich. There is a 4% surcharge on annual incomes of over $1 million. This year’s tax revenues for the state exceeded estimates by $1.6 billion. When the surtax went into effect there was a hew and cry that all the rich people would leave the state. Some did, but most did not. Massachusetts is still a magnet for those who wish to develop new technologies, biosciences, architecture, and so forth. But one big problem is that we don’t have enough affordable housing, not just for low income people, but for middle income people. The middle class is shrinking in Massachusetts. And they ARE leaving, unfortunately. On the bright side, many are moving just north into New Hampshire, where the Massachusetts wages are still taxed at Massachusetts rates, but the housing situation is much better.
Yes, tax the rich. But be sure to have the resources (access to capital, human talent, arts venues and a supportive government ) to keep them here.
Love, Aunt Marie
Caring for the needs of the citizens – housing and whatnot, is about where the taxes on the rich go. The rich could absolutely afford to subsidize housing for the people who make them rich. They just don’t want to.
I find it it funny that the “genius” billionaires threatening to leave California are saying they will move to two of the states that will be the first to be uninhabitable. (I saw an ad for a new high-rise hotel in Miami. What sort of idiot would build something like that? What cluster of idiots would insure it?)
If they’re not paying their fair share now, their threats of exodus do not scare me. They say they will take the talent and the money with them, but talent and money already go where they want to.