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A comment on US Administration announces 34% tariffs on China – 20% on EU. Parent comment
Let them swallow that pill.
The rich can’t bring their assets without divesting and get taxed first.
Can you imagine if someone like Elon Musk got wealth taxed at 75% of his $400Bn?
He’s still a billionaires and USA coffers will increase by $300Bn.
He can’t replicate his success outside USA because USA has the market and the appetite to spend.
You wanna cut income tax? Get Wealth Tax in place. Not Tariffs and cutting Govt. That’s billionaires playbook.
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Let them swallow that pill.
The rich can’t bring their assets without divesting and get taxed first.
Can you imagine if someone like Elon Musk got wealth taxed at 75% of his $400Bn?
He’s still a billionaires and USA coffers will increase by $300Bn.
He can’t replicate his success outside USA because USA has the market and the appetite to spend.
You wanna cut income tax? Get Wealth Tax in place. Not Tariffs and cutting Govt. That’s billionaires playbook.