The tax applies only to individuals with at least $100 million in wealth and mostly affects hedge fund managers.

t_d thread: https://archive.is/5pFXr

here's fox news trying to convince people that the tax will mean that if your home goes up in value, the government will take your house: https://archive.is/Ay89M

"This would be the most crazy tax structure we have ever seen. It makes Venezuela look normal. It makes Russia look normal," Gingrich stressed. "That speech last week in Raleigh, where [Harris] outlined her economic plan, that was crazy. That was so far to the left of Bernie Sanders that Gorbachev in Russia would have thought it was a radical speech."

  • ryepunk [he/him]
    ·
    3 months ago

    I refuse to believe any proposed policies from a democrat. They can offer anything they want and know they won't pass it because a parliamentarian will find the blue suit rule in effect on the day it's proposed (oops the tax code can't be amended if there is someone wearing a blue suit in Congress on that day, sorry hands are tied everyone, we do want progress though).

    All they're going to do is tax cuts and wonder why they can't fund anything. Also bump that military spending up another 500 billion or so gotta make sure we're extra lethal and threatening to everyone.