ouch. and he is not on the right?! how would you attack him this case??? The reality for @ewarren is that this is as much to divert attention from her income and net worth as anything else. Other than steyer she is the wealthiest of all the Dem Candidates. By far. https://t.co/IuW5pVo6Sd — Mark Cuban (@mcuban) November 9, 2019
I love the projection.
Democrats took the lesson from Trump that you can just say a bunch of bullshit and voters will not penalize you for it.
Democrats are imploding - Democrat
I agree. Nowadays it’s about giving free stuff rather than helping people
Why do you worship billionaires?
Nope. Just against snatching away stuff from other people. Also ever wondered who funded viator before its acquisition?
Because the wealth tax will be hurting you way more than billionaires. How is something simple like this so difficult to comprehend? Are all Warren supporters this dense? Billionaires will lose a large proportion of their wealth, yes, but you'll most likely lose all of yours and your house to boot.
Cuban is not wrong. The size of Warren's plan does have concequences. Forced liquidation will obviously tank markets with the sizes of those sales. Rich aren't the only stock holders, since most companies push 401k plans based mostly on equity. That will directly shrink people's retirement accounts. Large portions of tech pay are also equity based. Another unmentioned effect is the liquidity if it deleverages investments, means actual shrinking of the economy, because most of the economy is inflated due to bank lending, with a relatively small cash backed reserve. Whenever so much yearly assets require selling, you will have deflationary forces, because they lose leverage when selling, because they have to have the cash. They cannot pay the tax in real estate and securities.
Who knew economics could be so hard?!?!?! -Dumb Warren voters, while queuing in front of the unemployment office-
Warren only has a 16% chance of becoming President, and GOP has a 64% chance of keeping the Senate. So her proposals matter about as much as the class president promising an A+ for everyone and free lunches.
Amen
A wealth tax is a ridiculously stupid idea.
1. It was passed and then repealed in France, because it didn't work. 2. It wouldn't raise any revenue, because it's too easy to move the money elsewhere. 3. It's unconstitutional.
You can argue about the implementation but not about the philosophy
She’s the worst candidate of the bunch.
That will make her more popular.
She’s like Hillary - she’s reached terminal like ability because she’s really unlikeable.
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Ayy lmao the libs are starting to eat their own.