Dems used to just act as though government owns your current and future earnings. Now, they want to know the value of your wedding ring, grandma’s China, the homestead, & your golden parachute. The plan is to tax them *every year* until you have to sell them (to them?) to pay those taxes.
“But, but, but,” you say, “It’s only on the greedy $Ultra-Rich!”
- A wealth tax like the one proposed by presidential candidate Sen. Elizabeth Warren would make ultra-wealthy Americans pay the federal government a small percentage of their net worth each year.
- Sen. Bernie Sanders released his own proposal for a wealth tax on September 24 that his campaign claims would cause “the wealth of billionaires would be cut in half over 15 years.”
Suuure it is. That’s what they said about the income tax in 1913. (and you can keep your doctor, too.)
By 1918, the highest tax rate went from 1% to 67%, 77% in 1918. The lowest on incomes less than $4000, went from 0% to 6%.
No, the $UltraRich might not all up and leave the country. The income tax law requires
expats to continue paying US income tax for years after leaving.
Yes, in a (coco)nut shell, that is it. If you want the tax break, all you have to do is abandon everything you own, book a flight and never return, or at least not that much anyway.“ (HT: The Points Guy)
If you denounce your citizenship, you may be liable to an “Exit tax” calculated as though you sold everything you own on the day you “expatriate.” And you can’t get your citizenship back.
So, what we have is a bunch of 70 year olds who have enjoyed their wealth and some 20- to 30-somethings who don’t want to pay their student loans and don’t really want to work hard enough to accumulate wealth on their own.
Eat the Rich. It’s a thing.
Nite: comments disabled. Please comment on my Facebook page.
Some (political) animals are more equal, I guess.
all there is to the OIG report by Michael Horowitz that we were told was coming in June? (It’s now the end of August.)
If not, why is the IG’s report piecemeal? Why is it taking so long? And why is the follow through on “wait until the IG finishes the investigation” so chaotic – or at the least, highly variable?
The Inspector General released info that he found Comey broke FBI policies *after* the Justice Department determined that Comey wouldn’t be prosecuted.
It turns out that Horowitz actually referred the Comey violation to the Justice Department for prosecution but the DOJ decided not to prosecute.
Who – in actual places of responsibility – cares about policies? What good is an Inspector General investigation and referral for prosecution, anyway?
The Washington Post
distorts history and geography to advocate for abortion- and for the Democratic Party.
The Texas Medical Board this year reported that 25 Counties don’t have any physicians at all. Many Texas Counties are health care shortage areas because of there’s not enough population to keep doctors busy.
And many high population centers are shortage areas because Texas has a doctor shortage over all.
In 2011, Texas cut virtually every item on our budget due to the requirement of the State Constitution to balance our budget.
One measure used to balance the budget was to focus State healthcare dollars on County clinics and hospitals that provide comprehensive, continuing – not single organ system – care.
Then, in 2013 we prioritized public and county clinics and hospitals over those single-issue facilities. Planned Parenthood was never mentioned, nor were the other abortion providers in the State. If the clinic or group took care of the whole patient and didn’t provide abortions, they would be eligible after County and State funded health care was funded.
We could have done more if President Obama hadn’t blocked Texas from receiving Federal Women’s health or Family planning funds. Texas taxpayers paid into that Federal fund, but were denied its return to us. Texas did our best to fill in the gaps this lost funding created, allocating $32M of our State tax funds to Family Planning and Women’s Health programs in 2013-14.
In 2015, when the budget improved, we increased State spending for Women’s health and Family Planning beyond historic amounts. In 2019, nearly $400M was allocated, including raising the cut off for eligibility to 200% of the poverty level. $15M+ was set aside to improve post-partum care.
The main goal of the opinion piece is not only to increase State and Federal funding for Family Planning and Women’s Health. The author, Richard Rival of San Antonio, attacks Texan’s science, religion and assumes that government should consider elective abortion an integral part of “reproductive health” programs.
Nevermind that science affirms that the life of each human begins at fertilization. Or that “reproduction” has obviously occurred before any woman has an abortion, ending the life of that other body, her child. (Yes, one commenter tried to tell us that not only women seek abortions.)
But it’s the last paragraph that tells the truth about the author’s agenda, with a little side dressing of racism. Mr Rivard tells voters to end the ,”one-party state” – to force taxpayers to fund elective abortion for both citizens, non-citizens, and illegal aliens alike.
Beverly B Nuckols, MD
Edit 8/21/19 5:15 EST (France time) to fix typos. BBN