I don’t think the rich should be eliminated. I just think the filthy rich should be paying there employees more. Amazon. Walmart. big pharma. Pay inequity is ridiculous.
And how’s about we remove federal subsidies from corporations which make tens of billions in net profits will we’re at it, hmm? There are corporations getting subsidies that make quite a bit more than the average wage earner does in a year each and every minute of each and every day of the year. That ain’t right now, is it? And that’s net profit – after costs, R&D, everything net.
What cracks me is even with a heavy tax of being rich they won’t being moving out of their mansions or selling vacation homes. No just whining because it’s just not right.
“TAXES??? My Dear, only the LITTLE PEOPLE pay taxes!” Leona Helmsley.
Seriously, maybe I’m missing something, but has having an annual income of $100 Million or whatever EVER kept some rich old geezer alive one minute longer? And when these people DO keel over for their dirt nap, what good will their Zillions of $$ do them?? Are they SERIOUSLY saying that reducing their net income by $3 or 4 Mil. a year by ACTUALLY PAYING THEIR FAIR SHARE OF TAXES is going to put them into a homeless shelter?? Yeah. Right.
The real problem seems to be that the wealthy enjoy the inequity more than the profit. If the middle-class were able to share in their own productivity, many social services would not be necessary, taxes would fall, and with more disposable income, more purchases of goods and services could be made and the owners’/stockholders’ profits would likely increase above current levels. The down-side would be the loss of some priviliges (and prestige) that only the wealthy can access presently.
I find it difficult to weep for the privileged, wealthy elite whose ownership and control of a corrupt system which does nothing but generate more even wealth when they are threatened with just enough taxes to pay their share.
What’s he worried about? Hasn’t he bribed enough Congresspersons to insure that her plan will never be enacted into law, even if she is elected President?
The only threat to the rich is that they might be less rich. If we don’t do something we may go with the “French Revolution Model” and that didn’t work out for anyone.
I can’t help but wonder at the dichotomy. The worker gets a raise, but his net income decreases. The wealthy get tax cuts to make sure their net income increases. I’ve never understood it, but there it is.
Conservatives pine for the good old days, ignoring that pre-Reagan, the highest tax rates were around 70%. And had been for decades, during the most prosperous time in this country’s history.
I visited https://finance.yahoo.com/news/elizabeth-warren-wealth-tax-calculator-214335324.html (thanx rm8ty) and ran the math backwards. Appears to be a flat tax of a bit more than 5.9%
We don’t really comprehend how much a billion dollars is. Here’s an attempt: If you set aside $5000 a week since the day Columbus “discovered” America, you would not yet have accumulated a billion dollars as of today!! And the billionaires are scared of losing their money?!
sipsienwa Premium Member over 4 years ago
I don’t think the rich should be eliminated. I just think the filthy rich should be paying there employees more. Amazon. Walmart. big pharma. Pay inequity is ridiculous.
Daeder over 4 years ago
Oh no! That evil Elizabeth Warren wants to make rich people pay their fair share in taxes!
THE HORROR!!!!!
Nothing scares conservatives like the thought of equality in action.
Meanwhile, nothing irks liberals like the thought of equality inaction.
RAGs over 4 years ago
The rich are afraid that they will have to pay more taxes than the guy who delivers the mail.
Darsan54 Premium Member over 4 years ago
Gates’ extra tax he’s moaning about would be about $8 million out of his $100+million.
Display over 4 years ago
And how’s about we remove federal subsidies from corporations which make tens of billions in net profits will we’re at it, hmm? There are corporations getting subsidies that make quite a bit more than the average wage earner does in a year each and every minute of each and every day of the year. That ain’t right now, is it? And that’s net profit – after costs, R&D, everything net.
Kurtass Premium Member over 4 years ago
Why is it the ones that can most afford to pay taxes, cry the loudest about paying taxes?
ajmsdca over 4 years ago
I recall we used to have a much higher tax on rich folks, it encouraged them to use their money for goods and services, rather than just hording it
Pontiac Mick over 4 years ago
What cracks me is even with a heavy tax of being rich they won’t being moving out of their mansions or selling vacation homes. No just whining because it’s just not right.
aldo962 over 4 years ago
She is the reason Bloomberg has decided to get into the race. That and the fact that Biden is a bumbling idiot.
Masterskrain Premium Member over 4 years ago
“TAXES??? My Dear, only the LITTLE PEOPLE pay taxes!” Leona Helmsley.
Seriously, maybe I’m missing something, but has having an annual income of $100 Million or whatever EVER kept some rich old geezer alive one minute longer? And when these people DO keel over for their dirt nap, what good will their Zillions of $$ do them?? Are they SERIOUSLY saying that reducing their net income by $3 or 4 Mil. a year by ACTUALLY PAYING THEIR FAIR SHARE OF TAXES is going to put them into a homeless shelter?? Yeah. Right.brit-ed over 4 years ago
The rich wouldn’t even notice. They’ll still have a million times what the average Joe will accumulate towards his retirement.
superposition over 4 years ago
The real problem seems to be that the wealthy enjoy the inequity more than the profit. If the middle-class were able to share in their own productivity, many social services would not be necessary, taxes would fall, and with more disposable income, more purchases of goods and services could be made and the owners’/stockholders’ profits would likely increase above current levels. The down-side would be the loss of some priviliges (and prestige) that only the wealthy can access presently.
Durak Premium Member over 4 years ago
I find it difficult to weep for the privileged, wealthy elite whose ownership and control of a corrupt system which does nothing but generate more even wealth when they are threatened with just enough taxes to pay their share.
gammaguy over 4 years ago
What’s he worried about? Hasn’t he bribed enough Congresspersons to insure that her plan will never be enacted into law, even if she is elected President?
Cheapskate!
gammaguy over 4 years ago
@fivestring65: “But but but, that’s so cruel and unfair. Corporations are people too.”
Then put them in jail when they cannibalize their competition.
jhayesd31 over 4 years ago
The only threat to the rich is that they might be less rich. If we don’t do something we may go with the “French Revolution Model” and that didn’t work out for anyone.
Bookworm over 4 years ago
I can’t help but wonder at the dichotomy. The worker gets a raise, but his net income decreases. The wealthy get tax cuts to make sure their net income increases. I’ve never understood it, but there it is.
lonecat over 4 years ago
It’s more like she’s carrying a toenail clipper.
gammaguy over 4 years ago
By the way, I wonder how many looking at this cartoon are aware (without Googling it) of its reference to Lizzie Borden.
And of those who do, how many only know of Lizzie B. because of the Kingston Trio?
gcottay over 4 years ago
Some of the rich are also people of conscience and would take twice the hit to retire Donald John Trump.
Radish the wordsmith over 4 years ago
Republicans will have to borrow trillions more to give rich people even bigger tax breaks.
mysterysciencefreezer over 4 years ago
Conservatives pine for the good old days, ignoring that pre-Reagan, the highest tax rates were around 70%. And had been for decades, during the most prosperous time in this country’s history.
But, NOPE. Higher taxes = BAD.
Concretionist over 4 years ago
I visited https://finance.yahoo.com/news/elizabeth-warren-wealth-tax-calculator-214335324.html (thanx rm8ty) and ran the math backwards. Appears to be a flat tax of a bit more than 5.9%
MichaelMcGinnis1 over 4 years ago
These billionaires are parasites
Radish the wordsmith over 4 years ago
380 people own more than 3.8 billion other people. Things are seriously out of whack.
pamela welch Premium Member over 4 years ago
Get ’em Lizzie ♥
diegot over 4 years ago
We don’t really comprehend how much a billion dollars is. Here’s an attempt: If you set aside $5000 a week since the day Columbus “discovered” America, you would not yet have accumulated a billion dollars as of today!! And the billionaires are scared of losing their money?!