Monday, March 1, 2021

Warren's proposed "Wealth Tax"

 

 

 https://finance.yahoo.com/news/elizabeth-warren-other-progressives-propose-132714281.html

 American Senator Elizabeth Warren's proposed "Wealth Tax" only applies to public, non-classified wealth above 2% for over $50M, or 3% above $1B (and so on).  It does not apply to independent Countries or Classified Top Secret Trillionaires (Kingdom of Niihau/M7).  

She should probably move to Canada where there are no Billionaires and everyone is socialist Middle Class?  She is not President.  She is an extremist.  She wants to punish success and the American Dream.  Though M7 suggested a Wealth Cap above $500B which meant anything above that goes to the Federal Reserve to pay off important things like the USA National Debt.  How many people earn that? This would mostly apply to Corporations. 

MC 2021.





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