you are viewing a single comment's thread
view the rest of the comments
[–] 16 points 1 year ago (6 children)
  • [–] 0 points 1 year ago (5 children)

    Yes. If we lived in another reality, and there was a true progressive about to pass a 100% tax on all wealth over a billion dollars, Warren would be showing is true colors very, very quickly. It's easy to say the right thing on this because he knows he'll never have to pay a dime more than he does right now.

    He's a dragon among 700 or so other dragons sitting on unimaginable wealth that he will never spend in his lifetime. He deserves nothing but disrespect.

  • source
  • parent
  • hideshow 5 child comments
  • It's easy to say the right thing on this because he knows he'll never have to pay a dime more than he does right now.

    And it's easy to make sweeping statements based purely on hypotheticals and your own assumptions. In our reality, he's one of the biggest advocates for raising his own taxes.

  • source
  • parent
  • [–] 5 points 1 year ago (2 children)

    about to pass a 100% tax on all wealth over a billion dollars

    Here's the first sentence of that article that you didn't read:

    A 70% marginal tax rate. A 77% estate tax. A 3% tax on every dollar over $1 billion of net worth.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 0 points 1 year ago (1 child)

    It doesn't matter.

    He can say anything, anything at all, because he knows tax laws are never going to change.

    His words are completely inconsequential apart from serving as good PR.

    ABAB

  • source
  • parent
  • hideshow 1 child comment
  • [–] 3 points 1 year ago

    serving as good PR.

    Why would Buffet need "good PR"? He's a trader who just buys and sells shit all day. If anything, something like this would be bad PR as rich people wouldn't want to invest in his companies.

    ABAB

    I agree, but I feel you're just swinging at the air here.

  • source
  • parent