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."
"Okay imagine spending $100,000"
I literally can't imagine doing this at any point in my life, ever.
Buying a supercar?
why would i do this
To drive it in your island?
Buying a house?
You can't even buy a tiny house for $100k
You're cute.
For the vast majority of people this isn’t spending money, it’s taking on debt
Average dbzer0 user
yeah sure my credit rating is like 348 last time I checked
Not taxed under the proposed law.
For that price, from Ikea?
No, from Argentina
have to pay in meat tho