tag:blogger.com,1999:blog-4912713243046142041.post2651313112490018813..comments2024-03-28T23:22:41.774-05:00Comments on TYWKIWDBI ("Tai-Wiki-Widbee"): "Net worth tax" on billionaires proposedMinnesotastanhttp://www.blogger.com/profile/01382888179579245181noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4912713243046142041.post-62541146810921026562015-07-12T03:26:44.791-05:002015-07-12T03:26:44.791-05:00https://www.youtube.com/watch?v=oz7_JP7ROvAhttps://www.youtube.com/watch?v=oz7_JP7ROvAStan B.https://www.blogger.com/profile/17381743002180926900noreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-1678689154398301542015-07-12T03:12:00.644-05:002015-07-12T03:12:00.644-05:00That's sooo last century. The W era proved Rep...That's sooo last century. The W era proved Republicans no longer have to go through that whole tedious pretense of appealing to rational discourse- just blame it all on the Mexicans, and you're home!Stan B.https://www.blogger.com/profile/17381743002180926900noreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-63573821148761284592015-07-11T20:07:36.937-05:002015-07-11T20:07:36.937-05:00If he actually did this, it would be the first tim...If he actually did this, it would be the first time his actions spoke louder than his words. Of course, the Republicans would tar and feather him.Barbwirehttps://www.blogger.com/profile/17375742473254773675noreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-85071309943418630772015-07-11T17:37:21.684-05:002015-07-11T17:37:21.684-05:00If he actually did this himself, I could almost fo...If he actually did this himself, I could almost forgive the recent remarks. Not that I'd vote for him, but actions speak louder sort of thing. Zhoenhttps://www.blogger.com/profile/03515663141425057088noreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-27668652897661271872015-07-11T14:17:03.541-05:002015-07-11T14:17:03.541-05:00I would be very interested to see something like t...I would be very interested to see something like this play out. The mega-rich don't have much of their assets in cash that they can hand over to the government. They are in the form of equities, real estate, etc. Now they can sell these assets to produce cash for the government, but all their mega-rich peers are also trying to sell assets and aren't interested in giving up cash to buy them causing their market value to fall. Does this mean their net worth isn't what we thought it was and they owe less or does it mean that they need to sell more to make up the difference between our previous evaluation of their worth and what their assets are currently fetching on the market?<br /><br />Another solution could be to just hand securities or real estate over to the government directly in fulfillment of the tax debt. That makes the government a big investor in many companies and a major land lord. It also runs the risk of the mega-rich handing over assets that they have over valued and the government getting a bad deal. <br /><br />There probably is a way to make it work, but I am not an economist. nolanddahttps://www.blogger.com/profile/12708768497461983779noreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-33130036363572869682015-07-11T13:24:08.066-05:002015-07-11T13:24:08.066-05:00and what about corporations?and what about corporations?Classof65https://www.blogger.com/profile/15620524862669295761noreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-41065228267781788182015-07-11T00:58:11.003-05:002015-07-11T00:58:11.003-05:00one full swoop
I see even back in 1999 CNN didn&#...<em>one full swoop</em><br /><br />I see even back in 1999 CNN didn't have very good editors...Anonymousnoreply@blogger.com