Asset Taxes for Billionaires

Why not have asset taxes for Billionaires and Trillionaires? I can imagine that the leftyshills on this board would whole heartedly support this. Why not have a graduated asset tax for this people since they aren't really affected by the income tax?

Other urls found in this thread:

youtube.com/watch?v=1pMVfpKBuyI
patch.com/new-york/midtown-nyc/billionaires-row-rages-against-planned-homeless-shelter
pjmedia.com/lifestyle/nimby-comes-midtown-manhattan/
highlandernews.org/31947/new-york-city-billionaires-neglect-citys-homelessness-epidemic/
youtube.com/watch?v=TICdCM4j7x8
twitter.com/NSFWRedditGif

one problem, these fuckers control everything.
hurr tax the poor so we can keep adding zeros to our bank.
fuckers better have some cryptos
tick tock fuckers

They would love that. You know that ever tax laws have exceptions and loopholes?

Tax laws don't just say "you pay us this"

fucking crypto faggots go back to /biz/

...

You mean sort of like a property tax?

Thats what inheritance taxes are.

And thats why they got rid of them.

youtube.com/watch?v=1pMVfpKBuyI

How about dissolving Federal taxes completely and eliminating all federal programs which don't conform to the original intent behind why a Federal Government was created in the first place?

Sales tax is the only legitimate tax, and the state has the only Constitutional authority to tax directly...

People with that uch money arent billionaires on paper. Their holding companies are

as an accelerationist i am against this. i want the rich to have all the money. i'd like to see 0% taxes for the rich and 100% taxes on the middle class. the faster we break this system the faster we can rebuild it.

stay poor faggot, stay poor

Because the federal government was created in a largely agrarian society pre industrialization when the majority of people made a living via subsistence farming............

the level if right wing retardation knows no bounds.

Ohh yeah, it was the jews...........

Or put a homeless shelter in their neighborhood and let the rich give directly to the poor:
Manhattan gets what it voted for! NYC’ s ‘Billionaire’s Row’ residents decry nearby Park Savoy Hotel being converted to a homeless shelter. Liberal NYC mayor uses the homeless to increase class warfare.
>The proposed shelter is part of Mayor Bill de Blasio's "Turning the Tide" plan. That plan calls for the creation of 90 new homeless shelters in various neighborhoods around the city, even wealthy areas like "Billionaire's Row."
Sources: patch.com/new-york/midtown-nyc/billionaires-row-rages-against-planned-homeless-shelter
pjmedia.com/lifestyle/nimby-comes-midtown-manhattan/
highlandernews.org/31947/new-york-city-billionaires-neglect-citys-homelessness-epidemic/

capitalism has the same problem. the capital generated by the workers literally belongs to the workers. not the business owners. they didn't generate anything. the workers did. so when they talk about running out of other peoples money what they really mean is they are running out of money they stole from the working class.

Why would you argue for taxation you fucking mutt? Are you a complete fucking idiot?
Argue against regulation and goverment spending a.k.a socialism, this is what lets coroporations have so much power.
This board became so retarded it's unbelievable.

Because then who would (((them))) be able to influence elections, fund antifa, fund refugee welcome groups, hire illegals...

After all, goy, they earned it.

>the capital generated by the workers literally belongs to the workers
nope
because the workers wouldn't have been able to produce shit without the tools and direction provided by the business owners
what they generate using these tools, they're compensated for through mutually agreed upon wages
deal with it, savage animal

Don’t speak for us, you faggot.

Like the banks did in '08?

>without the tools and direction provided by the business owners
provided by other workers

> they're compensated for through mutually agreed upon wages
90% of all workers have no say in their wages. It is a "take it or leave it" type of proposal. You would know this if you ever left your basement and stopped being a NEET

there should be some limits.
Most people can't afford the American dream, because of hoarders.
Billionaire Ted Turner owns hundreds of millions of acres of land.

Shoves you're taxes up your ass commie

>People can't afford the American deam, because of hoarders
Or maybe the american dream is long gone because of taxation and the banksters in the FED who raped your currency and continue to rape your economy.

>"Owe allegiance to no crown"

Liberty cap is literally a Jew hat

Fucking die, you try staring a business. See what you think then subhuman

>banks in '08
you speak of the banks bailed out by king 'bongo?
that would be socialism, bozzo

>provided by other workers
under the same agreements with the business owning the tools they used and directing them

>workers have no say in their wages
yes they do
they're indeed not forced to accept them
they're also free to go see elsewhere if the grass is greener
they're even free to start up their own business
that they mostly never do such things tells enough about them

what did he mean by this?

Define assets? Most things that are purchased already go through alternative forms of taxing, whether that's the purchase of a car, the maintenance of such, and even basic property taxes.

The nigger wants gibmedats.

>you speak of the banks bailed out by king 'bongo?
And why were they bailed out, my arab friend? Because they ran out of other people money

>a government bailing out private corporations with public money is socialism
>socialism is everything the state does

Spoken like a true brainlet

>under the same agreements with the business owning the tools they used and directing them
Point is, is that business owners provide no input into the labor, yet receive the lion share of the profits.

>they're indeed not forced to accept them
And then they are evicted from their apartment in the next 3 months, and their kids go hungry.

Not everyone lives in mommy basement and can afford to go on NEET periods when they feel like it.

>they're even free to start up their own business
>DUDE, LIKE, JUST BE A BUSINESS OWNER LMAO
>DUDE, YOU DON'T LIKE FEUDALISM? jUST BE A FEUDAL LORD LMAO

Because their assets are their private property, NOT yours commie.

>>DUDE, LIKE, JUST BE A BUSINESS OWNER LMAO
again, that you won't even consider it tells enough as to why you don't deserve so few of the profits; tells enough about you just being scum

flat tax for all. on income. ZERO deductions ZERO loopholes ZERO subsidies
everyone is equal in the USA. no one gets special treatment or punishment.

the tax filing industry in the US is worth billions of dollars though. lots of jobs and products would be lost.

Regulations are needed to prevent monopolies

Since workers always have limited information and mobility (both cost a lot), they are at disadvantage and business owners can pressure them to accept lower wages

Without regulations, there are a lot of negative externalities (environmental hazards, bad food and drug safety etc.), since companies only care about profits and efficiency

Socialims also doesn't work, because the economy becomes the political plaything of the ruling party and having a fair and efficient economy may not be the top priority of their political agenda

National Socialism can work though, if the leading party actually works towards the interest of the whole nation and not of some tiny elite

The American dream, is land ownership.
Having a home, fresh air to breathe, clean water, a place to grow your food, raise your children.

Who gives a damn about currency, banks or GDP.

>DUDE, I KNOW HOW TO END WORLD PORVERTY LMAO, *HITS BLUNT* WHY DON'T WE JUST, LIKE, BECOME ALL MILLIONAIRES LMAO xxxDDDD xoxoxoxoxoxo

Stupid goyim like you who don't know how the big corporations control your goverment and institute socialism should.
The american dream was literally stolen by communists.

I also want to remind you guys, that thw current neo-liberal capitalism will always endorse immigration. It's the biggest interest of companies to have a lot of available cheap labour on the market. If three barely literal "IT-Specialists" from India are cheaper than one actual competent IT-specialist, they will always chose the three monkeys. Germany currently has more than enough unemployed workers on the market, but the companies still shill for "facharbeiter" from foreign countries

sooooo stellar and chainlink? or are those donezo?

fuckin Jeckyl Island

>try staring a business

Mowed lawns when I was 11 at that age $20k is a lot of money. Starting a business is easier than most people think. It's all about labor.

The 16th amendment authorizes the income tax. You are otherwise correct. The federal government has continuously overstepped what the Constitution permits it to.

The entreprenuer is the one risking everything. He invests the time and money needed to get a business on it's feet, not the worker. The worker simply shows up, does one thing gets payed and leaves.

Also property taxes are valid too.

The federal government manages interstate trade and defense. A sales tax charges people relative to the amount of trade they do, a property tax charges people for defense relative to how much is being defended.

If you have no treasure to protect then you shouldn't have to pay into a defense fund.

Why not eliminate all taxes? Taxes are nothing, but subsidies for billionaires. Every dollar in taxes taken from a lower class citizen is a dollar saved by a billionaire. Simply remove all taxes and let the billionaires either pony up the money for infrastructure and services or they can live in a third world country.

I know more about that topic than you do, but this thread isn't about money, it's about assets.

The value of money changes... your graph shows inflation. That has little to do with assets.
Property / assets are unaffected by inflation.

I cannot fathom how retarded you are.

They have plenty of information. You can see all the available job offers in as big of a radius around you as you want. This isn't the 1800 Marx.
Fuck off molymeme.

So you have no argument?

>taxes for Billionaires

Property tax and sales tax are about the only valid taxes.

The govt. is owed nothing from the labor of others by merely existing.

You believe State governments are incapable of taking care of themselves without Federal intervention?

Just call me a name and you'll feel so good that you must be right...

Why should i pay taxes for property or sales ?
Instead of having taxes for things you own we should have taxes based on what they fund, so say a police or military tax, and they should be voluntary.

>I cannot fathom
I'll use small words.

My house is worth $400,000
The Fed increases the money supply.
$1 becomes $0.50
My house is now worth $800,000
The value of my house is unaffected by inflation, it simply costs more dollars to buy the house, because the dollar is worth less.

And you're saying this doesn't affect the housing market?

Newsflash: they're already taxed on their assets.
T. Someone who saved up enough neetbux to have to pay asset tax

Thing is that they themselves don't own much, their business does, and that business is using the double Dutch sandwich to escape taxes.

$800,000 worth of cardboard
that must be a bigly yuge house

The 16th amendment was a betrayal to the intent of the original union after the civil war.

I don't believe property taxes are apportioned. Tax the fruit, not the tree.

Property tax is a violation of property rights. How can an owner be forced to pay rent just to enjoy the use of which they own? Property tax implies ownership of the State. History shows this over and over...

Getting way off topic, but to answer..
Did not affect me whatsoever.

If you're a wagecuck, renting a home, it might affect you. If your minimum wage was not adjusted to match inflation, then your pay got cut in half, by the bankers.

Voluntary taxes don't work because people don't want to part with their money, ever.

At least with, say, sales tax, it's not the govt. taking money from your labor -- which they didn't work for. The exchange of money for goods being taxed is, at the least, a basic tax that can fund basic govt.

When more things are taxed, the govt. becomes bloated.

They shouldn't be taxes, there should be security firms which you pay for protection and justice services. Read Hoppe.

the billionaires would simply pass the cost of the asset tax onto everyone else via higher fees, rents, interest, whatever.

Maybe. But that's why we can add things to the constitution. And remove them

Or income from rental property.
You must be at least 18 to post here.

>why not have the government steal from productive people?

absolute fucking retard lmao

You do not have a right to the wealth that others create with their ideas and capital (obviously this excludes bankers who have the right to create money thanks to government but lets ignore that and just tax the rich!)

Businesses would flee the country and production would crash like it has in Africa where dictators freely confiscate everything and everyone is dirt poor on the streets

Because people just move their assets overseas. You want to tax people on 1/10 their total income? Asset taxes are nothing compare to the money these people have on oversea banks.

Agreed, after the civil war we built an empire. That empire is failing before our eyes...

I hope we can get back to a more decentralized model of governance...

Did Hoppe have any arguments against nat soc ?

>You should pay more taxes because you're rich
Hang yourself or get the fuck off my clay either way your thread should be deleted you fuckin marxist scum

Nat socs are basically:
Socialism is good when it's for whites goyim!
Here's a link - youtube.com/watch?v=TICdCM4j7x8
Like the fucking argument against national socialism is that it's socialism. Why would you ever want to be a socialist?

check
If the landlord's costs go up, those costs are passed on to the tenant.
Likewise, taxing your boss more, means you get paid less.

The solution to the problem:
Drain the swamp. Remove all the democrat waste from DC

>Businesses would flee the country
Facebook evaded paying taxes on billions, by moving it's headquarters to Ireland.
Intel and Apple moved to Israel

Best post ITT
>dude why's land so expensive and who cares about monetary policy
Retard.

No it's not, did you just come here from reddit ?

Do you have an argument you gypsy? Why would national socialism ever be good? Socialism is the most retarded economic theory out there it will hurt your race like nothing before.

It was literally the civil war that enslaved Americans

GIVE POWER BACK TO THE STATES.
reduce the federal government to a minimum.

To to business in your state... require that business to be incorporated, and regulated by your state. Many businesses currently do business in your state, and take profits across state lines, or even to other countries.
END multinational corporations

> hurr it has soshulismn in name
Off yourself my dude.

Dude are you claiming national socialism doesn't include a socialist economic theory? Are you literally retarded? DO YOU even know the fucking ideology? Damn I hate romanians.

...

We just need less taxes across the board at least in my country. Fucking government here wastes a fuck ton of money giving it away to foreign countries and flying around in fancy jets seriously cut the taxes for everyone and force government to only spend on things actually useful to the citizens

What? Is this painting supposed to convince me to give 50% of my paycheck to some whore who had 5 children just because she's white?

Please show me where in the 25 point program it says to give the means of production to the worker, to abolish private property, markets or currency.
National socialism privatized souch that it coined the term.

The painting was a test, to see what you knew of Hitler's genius.

Taxation is theft.

without representation.

Wait, are you literally claiming national socialist ideology doesn't include goverment intervention?


- We demand that the state be charged first with providing the opportunity for a livelihood and way of life for the citizens.
- Abolition of unearned (work and labour) incomes. Breaking of debt (interest)-slavery.
-We demand the nationalisation of all (previous) associated industries (trusts).
-We demand a division of profits of all heavy industries.
-We demand an expansion on a large scale of old age welfare.

I didn't know Gypsys cannot even fucking read, how are you even using this site?
I don't care about the guy who ruined nationalism for everyone and made socialism right wing in the eye of the current population in europe.
You enjoying that 30-60% taxes faggot? I get represented in my country and the state steals at least 55% from every working man. This is just total taxation on work + sales tax.

>Drain the swamp. Remove all the democrat waste from DC

Genuinely curious, how much progress has been made on that front by Trump?

No. "Representation" does not mean concent. The government takes a huge chunk of my income at gun point. It's tyranical.

You're debating strawmans, projections and implications.
You are the one implying gov intervention is socialism.
You're a moron if you think national socialism is right or left-wing.

I am not debating straw mans, does national socialism include goverment intervention into the economy? How stupid can you be not to respond to this?

Progressive tax rates are good, those who are benefiting the most from the use of public services and infrastructure should be paying the most back.

>progressive tax rates are good
Jesus christ. You know that rich people already pay more even with a flat rate, right?

Yes, but they benefit disproportionately, therefore they should pay taxes at a similar level.

You're the retard who thinks i said national socialism doesn't have government intervention.

>People who make more disproportionately benefit from programs they don't qualify for
Are you retarded

>he thinks taxes go into a niggers pocket on a 1:1 ratio

They already pay proportionally wtf are you on about? You know what income taxes are?
They are a penalty for work. This is how it workes with a flat rate:
Work 2X harder pay 2X more
Work 10X harder pay 10X more
With a progressive rate
Work 2X harder pay 4X more
Work 4X harder pay 8X more
If this isn't retarded I don't know what is, the only more retarded thing is jobless welfare and communism.
Again, you can't read. I asked you if national socialism includes goverment intervention into the economy, suprise suprise, it does. Goverment intervention into the economy is literally socialism.

Do you all know what is trade? Trade is a voluntary exchange. You only exchange if YOU GAIN. If you value 5$ less than a cup, you will buy the cup. The party who sold the cup values 5$ more than the cup. That's how the whole fucking economy works.

Antifa B8 thread detected. Mods please kill.

Shit on this thread. Fuck off Jewnigger OP.

Look into Cardano and its built in Treasury which is built by transaction tax

Income tax
Sales tax
Property tax
Value added tax
SS tax
Medicare tax
Medicaid tax
Gas tax
A gorrilion small and hidden taxes

And by some miracle you manage to make some money, we'll have some of that too, just for shits and giggles