16 hours ago, BLMFem said:

Tanks for standing up for the billionaires. The rich were supposed to leave New York in droves once Mamdani took office, remember?

Didn't happen.

Actually it did and especially California

You didn't see the articles with Hochul begging former NYers to return? 😂🤣🤣

That's the problem with so many of you. Full of opinions not based in reality.

I'm all for billionaires tax. I'm also for truth.

https://nypost.com/2026/03/18/us-news/kathy-hochul-begs-wealthy-new-yorkers-to-come-back-as-mamdani-pressures-her-to-hike-their-taxes/

https://www.msn.com/en-us/news/politics/hochul-mocked-for-urging-wealthy-new-yorkers-to-return-years-after-telling-them-to-head-to-florida/ar-AA1Z23bU

13 hours ago, Effective altruism said:

A wealth tax is likely unconstitutional. According to the US Constitution, a direct tax must be apportioned among the states based on population (Article I, Section 9). In 1995, the Supreme Court ruled that the income tax was a direct tax, which led to the 16th Amendment granting Congress the power to tax income. Originally, the income tax was designed to target the wealthy. This concept sounds familiar when progressives talk about implementing a wealth tax.

The real issue is that progressives seek an ever-expanding government. What is truly needed is fiscal discipline.

By and large, wealth taxes do not work. You can read more on this topic here:

1. [Don't Tax Wealth - The Economist](https://www.economist.com/finance-and-economics/2025/10/02/dont-tax-wealth?utm_campaign=shared_article)

2. [Wealth Taxes Are Proven Failures - Reason](https://reason.com/2026/02/05/wealth-taxes-are-proven-failures-will-california-take-note/)

3. [Why a Wealth Tax is a Bad Idea - Reason](https://reason.com/2022/05/03/why-a-wealth-tax-is-a-bad-idea/)

This is easily solved increase tax for brackets starting at 500k

Tax cap gains same as wages

Of course, it's all bull<deleted> if you're going to waste money on wars, disability claims, Medicare fraud, illegals, government grift, Elon Musk....

US is running out of time. Long bond 5%+

Edited May 20May 20 by StarOfLight

It doesn't matter how much you try to slice the cake more evenly, Price's Law will still determine that wealth distribution proportionally remains unaltered.

Socialism just means the size of the cake diminishes over time.

14 hours ago, Effective altruism said:

A wealth tax is likely unconstitutional. According to the US Constitution, a direct tax must be apportioned among the states based on population (Article I, Section 9). In 1995, the Supreme Court ruled that the income tax was a direct tax, which led to the 16th Amendment granting Congress the power to tax income. Originally, the income tax was designed to target the wealthy. This concept sounds familiar when progressives talk about implementing a wealth tax.

The real issue is that progressives seek an ever-expanding government. What is truly needed is fiscal discipline.

By and large, wealth taxes do not work. You can read more on this topic here:

1. [Don't Tax Wealth - The Economist](https://www.economist.com/finance-and-economics/2025/10/02/dont-tax-wealth?utm_campaign=shared_article)

2. [Wealth Taxes Are Proven Failures - Reason](https://reason.com/2026/02/05/wealth-taxes-are-proven-failures-will-california-take-note/)

3. [Why a Wealth Tax is a Bad Idea - Reason](https://reason.com/2022/05/03/why-a-wealth-tax-is-a-bad-idea/)

The US Constitution?

Does Trump recognize the US Constitution?

Considering Trump and his supporters' abuse of the law and the US Constitution, do the good American people really care if a wealth tax is unconstitutional? Trump is using the system to his personal advantage and he highlighted that the "deep state" is controlled by GOP/MAGA.

9 hours ago, GroveHillWanderer said:

There is no evidence (that I have seen) that people have been leaving New York due to tax and businesses reasons.

Certainly, neither of the articles posted above, provide any such evidence. That both speculate that it might be the reason but offer no proof of that contention.

In fact, research that has been done shows that the idea of rich people fleeing because of wealth taxes is actually a myth.

The article in Forbes Magazine below (hardly a left-leaning publication) indicates that billionaires for example, do not leave areas because of wealth taxes.

Do Billionaires Really Move To Avoid Wealth Taxes?

That there is little to no economic evidence showing that billionaires will move to avoid a small and one-time wealth tax — dedicated to a specific humanitarian cause — is no surprise.

Decades of economic research show that billionaire “flight” is rare, exaggerated, and often confused with tax avoidance through accounting maneuvers rather than physical relocation. That distinction matters. Policymakers who mistake avoidance for exit risk misdesign taxes and leave substantial revenue on the table. The proposed one-time wealth tax in California is exceptionally well-designed.

https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

There is little to no evidence.

Hmm, where have we heard that before ? Oh yeh,
no voting fraude,
no illegals on ANY kind of public assistance.
No illegals voting

And on and on.

The reality is, its happening.

2 hours ago, TedG said:

You have no idea what you are talking about.

Says the guy who make zero critical arguments beyond a tired old ad hominem.

2 hours ago, TedG said:

Do you have a savings account?

Non of your business.

1 hour ago, Gsxrnz said:

It doesn't matter how much you try to slice the cake more evenly, Price's Law will still determine that wealth distribution proportionally remains unaltered.

Socialism just means the size of the cake diminishes over time.

Socialism (USA) means billions of tax payers money handed to Musk, Bezos, Thiel, the arms industry and Israel… oh and let’s not forget the Banksters, they’ll shortly be back for more.

47 minutes ago, Chomper Higgot said:

Socialism (USA) means billions of tax payers money handed to Musk, Bezos, Thiel, the arms industry and Israel… oh and let’s not forget the Banksters, they’ll shortly be back for more.

I've always thought the wealth tax on assets over 10M pounds should be 100%.

And a tax on income over 200k pounds/year should be 100%.

No allowances, no clever tax avoidance schemes.

I'd also insist all corporations were taxed for their profits in the countries they make those profits.

And make all property owned by citizens, no company ownership of land, why should companies be allowed to avoid inheritance taxes?

Nobody needs more than that, destroy the mega rich and redistribute their land and wealth to their poorer citizens.

4 hours ago, BritManToo said:

I've always thought the wealth tax on assets over 10M pounds should be 100%.

And a tax on income over 200k pounds/year should be 100%.

No allowances, no clever tax avoidance schemes.

I'd also insist all corporations were taxed for their profits in the countries they make those profits.

And make all property owned by citizens, no company ownership of land, why should companies be allowed to avoid inheritance taxes?

Nobody needs more than that, destroy the mega rich and redistribute their land and wealth to their poorer citizens.

Some fair poonts but Marxism doesn't work IRL.
Problem is people just up and leave.
It's happened / happening in the Yookay (where the top 10% pay over 60% of the total taxes), and will likely happen in Thailand if they push the tax collection thing too hard.
It's a nice theory but, when it's time to the rEdiStrIBuTe LAnD etc. the leaders find other things to do - usually increasing their own power. Marx etc. never said how the land should/would be fairly redistributed.
Maybe he thought fair meant in the hands of whoever conned the people into accepting communism.

You'd probably like Gary's Econoomics on youtube

5 hours ago, Chomper Higgot said:

Socialism (USA) means billions of tax payers money handed to Musk, Bezos, Thiel, the arms industry and Israel… oh and let’s not forget the Banksters, they’ll shortly be back for more.

Some argue that the 'gaRaGe bUsiNeSs mAdE gOOd bros' are likely DARPA fronts to circumvent the US constitution.
Lifelog / Facebook is a great example: https://www.wired.com/story/darpa-total-informatio-awareness/
Facebook started the day after the Government's Lifelog (Facebook) programme was shut down.
Coincidence? Shared board members too.
Musk and Bezos also made most of their money from Government contracts
Bill Gates family was established elite (Fed Reserve grandparents, father pictured with Rockefeller, Soros etc in the 70s)
Also note even the Europeans and British dropping the green agenda in favour of AI datacentres - potentially for population micro management.

Government by another name?

6 hours ago, Slowhand225 said:

There is little to no evidence.

Hmm, where have we heard that before ? Oh yeh,
no voting fraude,
no illegals on ANY kind of public assistance.
No illegals voting

And on and on.

The reality is, its happening.

Really? Voting fraud? Illegals voting? Links to credible evidence or I'll call BS on your claim, which it is, of course.

What are you going to tax? Realized income. The average billionaire has an office full of accountants the make sure that his realized income is less then the average citizen of the US. No doubt most billionaire would love to be taxed 5%. Be careful what you wish for.

If they are taxing "net worth"? Well, yeah. 100% Why? Because those billionaire suck the wealth of nations right out of our countries.
Start my using that "tax" in order to provide healthcare for all US citizens. Then make sure all US citizens can afford a home and transportation.

"That's Socialism."
Good - I'm all for Socialism then.

Edited May 20May 20 by connda

1 hour ago, Tourist2 said:

Some fair poonts but Marxism doesn't work IRL.
Problem is people just up and leave.
It's happened / happening in the Yookay (where the top 10% pay over 60% of the total taxes), and will likely happen in Thailand if they push the tax collection thing too hard.
It's a nice theory but, when it's time to the rEdiStrIBuTe LAnD etc. the leaders find other things to do - usually increasing their own power. Marx etc. never said how the land should/would be fairly redistributed.
Maybe he thought fair meant in the hands of whoever conned the people into accepting communism.

You'd probably like Gary's Econoomics on youtube

Easy fix,

Let them leave without their citizenship or any fixed assets.

Citizens not registered as tax payers in the UK have their citizenship perminantly revoked.

As for land distribution,

Anything is better than having it all owned by the Crown, Gentry, RSPB, National Trust, Forestry Comission, BlackRock, etc., and all the others. I'd suggest free land (not transferable) to any that want to work it and produce food or materials for the country (fruit, veg, lumber, electricity, milk, eggs, meat).

Edited May 20May 20 by BritManToo

1 hour ago, BLMFem said:

Really? Voting fraud? Illegals voting? Links to credible evidence or I'll call BS on your claim, which it is, of course.

You've done that before and then dissapeared when I posted the links.
So this time I'm lazy and will just give you the first hit on the search engine.

Someone in MN or WS got voted in as mayor and is an illegal whos been voting for years. No way you didn't know that. If not, you might try better-rounded sources for your news. Must be terrible to be so far behind

Heres the first 2 paragraphs;

"Welfare offices and other agencies in at least 46 US states are providing voter registration forms to migrants without requiring proof of citizenship, leading Republicans and conservatives to call for swift federal action to stop the handouts.

Every state but North Dakota, New Hampshire, Wisconsin and Wyoming gives applicants for either welfare benefits, driver’s licenses, or in some cases, mail-in ballots federal voter registration forms without demanding proof of citizenship."

https://nypost.com/2024/06/14/us-news/how-non-citizens-are-getting-voter-registration-forms-across-the-us-and-how-republicans-are-trying-to-stop-it/

11 hours ago, Slowhand225 said:

There is little to no evidence.

Hmm, where have we heard that before ? Oh yeh,
no voting fraude,
no illegals on ANY kind of public assistance.
No illegals voting



The reality is, its happening.

Hmm, where have we heard that before ? Oh yeh,

It's Trump continuously claiming the 2020 election has been rigged by massive voter fraud despite the fact that all GOP led lawsuits, recounts, audits, and committee investigations miserably failed! 😂

And on and on!

His master's voice....

3 hours ago, Slowhand225 said:

You've done that before and then dissapeared when I posted the links.
So this time I'm lazy and will just give you the first hit on the search engine.

Someone in MN or WS got voted in as mayor and is an illegal whos been voting for years. No way you didn't know that. If not, you might try better-rounded sources for your news. Must be terrible to be so far behind

Heres the first 2 paragraphs;

"Welfare offices and other agencies in at least 46 US states are providing voter registration forms to migrants without requiring proof of citizenship, leading Republicans and conservatives to call for swift federal action to stop the handouts.

Every state but North Dakota, New Hampshire, Wisconsin and Wyoming gives applicants for either welfare benefits, driver’s licenses, or in some cases, mail-in ballots federal voter registration forms without demanding proof of citizenship."

https://nypost.com/2024/06/14/us-news/how-non-citizens-are-getting-voter-registration-forms-across-the-us-and-how-republicans-are-trying-to-stop-it/

So your claim is BS. Thank you for confirming that.

10 hours ago, Chomper Higgot said:

Socialism (USA) means billions of tax payers money handed to Musk, Bezos, Thiel, the arms industry and Israel… oh and let’s not forget the Banksters, they’ll shortly be back for more.

Socialism is an economic and political philosophy centered on the collective, public, or worker ownership of the means of production—the resources, factories, and businesses that drive the economy.

10 hours ago, Chomper Higgot said:

Says the guy who make zero critical arguments beyond a tired old ad hominem.

Really, you are clueless.

2 minutes ago, BLMFem said:

And the date of that screen shot without date or link is??

PS. Did you know that The Economist post on Twitter/X, Ted? Fair warning, they're not a big fan of Trump

Someone is defecting after making you look silly.

14 minutes ago, TedG said:

Someone is defecting after making you look silly.

Is there a translation available? You know, MAGA babble ➡️ normal speak.

15 minutes ago, BLMFem said:

Is there a translation available? You know, MAGA babble ➡️ normal speak.

You don't lose with grace.

I definately would prefer having the billionnaires all over the world pay the 5% tax at their place of residence, rather then taxing retirees ont their state pensions. But as long as the rogue tax haven nations like Dubai, the Cayman Islands and many other such tax havens in the Caribean will be allowed, small chance that the mega rich will be caught up by the local taxman.

America and Europe are always attacking countries like Switzerland or Liechtenstein. But the real rogue nations that launder money and do not cooperate with international tax exchange treaties, are places like Hong Kong, Dubai, Qatar and all the Caribean island and the south american offshore havens,. But strangely, nobody says a word about them as obviously all the major policy makers have stashed their cash and dirty money in these places.

29 minutes ago, TedG said:

You don't lose with grace.

So you've got nothing. No shame in that, Ted. Happens to you all the time.

PS. Did you read The Economist's article regarding the latest grift by Trump. "Exactly which case of grift are you referring" to you may ask, and rightly so, as it's by now an almost daily occurrence. Well, it's about the slush fund rewarding traitors and insurrectionists, Ted.

Let me know if you want me to link it again, okay?

Edited May 20May 20 by BLMFem

2 hours ago, TedG said:

Socialism is an economic and political philosophy centered on the collective, public, or worker ownership of the means of production—the resources, factories, and businesses that drive the economy.

Which exists nowhere.

I’ve told you what Socialism (USA) is, it exists and it’s driving working Americans into poverty.

5 minutes ago, Chomper Higgot said:

Which exists nowhere.

I’ve told you what Socialism (USA) is, it exists and it’s driving working Americans into poverty.

That's not socialism.

16 hours ago, JimHuaHin said:

The US Constitution?

Does Trump recognize the US Constitution?

Considering Trump and his supporters' abuse of the law and the US Constitution, do the good American people really care if a wealth tax is unconstitutional? Trump is using the system to his personal advantage and he highlighted that the "deep state" is controlled by GOP/MAGA.

This response is poorly thought out. The courts will likely strike down a wealth tax.

It wasn't always like this.

Edited May 21May 21 by BLMFem

Before any such tax change can be brought in, somebody will need to take back the nation from Emperor Trump and his Praetorian Guard oligarchs.

No sign of it happening soon unfortunately.

PS. Emperor Trump has been taxing the oligarchs heavily throughout his second term. And then allowing them to recoup their losses and then some unchecked from the general public through their conglomerates.

23 hours ago, BritManToo said:

Easy fix,

Let them leave without their citizenship or any fixed assets.

Citizens not registered as tax payers in the UK have their citizenship perminantly revoked.

As for land distribution,

Anything is better than having it all owned by the Crown, Gentry, RSPB, National Trust, Forestry Comission, BlackRock, etc., and all the others. I'd suggest free land (not transferable) to any that want to work it and produce food or materials for the country (fruit, veg, lumber, electricity, milk, eggs, meat).

Revoking / overturning the 1948 & 1981 British Nationality Act would be an excellevt start to the process of taking a 2nd look as to who and who should not be in England etc.

Current ownership system isn't great but the idea that marxism just hasn't been dione properly yert is a bit naive imho.
Power corrupts and US / Yookay politicians routinely do the polar opposite of the policies they run on.

Decisions and everything else should be decentralised to people with a local interest, accountability and real skin in the game but getting to that is a yuuuuge challenge. EAsier to propose a fair system than to get it delivered - as Russians, Chinese, Cambodians etc. found out the hard way