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."

  • Belly_Beanis [he/him]
    ·
    3 months ago

    balance the government spending

    God I fucking hate this. Both parties harp on about it, too. They'll both talk about their plans to "balance the budget." That's not how government spending works. Most of the money is money the government owes to itself. It's one of the benefits of fiat currency. Unfortunately, anything the government does is a gommunism and we can't have that or else the terrorists will win.