Bernie actually said this. It's on video. My question is this: Why are the uber-rich not afraid of Bernie or Warren?
Bernie in a campaign statement: There should be no billionaires. We are going to tax their extreme wealth and invest in working people. Read the plan.
Editor: And his plan ? Bernie wants to tax 180,000 Americans, his version of the "uber rich," as much as 8% above a certain wealth baseline. I don't have that baseline in mind, but it makes no difference to me, because, after the Bernie (or Warren) wealth tax, we still have billionaires and millionaires. Nothing has changed. We still have massive income inequality as defined by these two socialists. The uber rich just have a little less money to spend on their yachts and mansions, and, the poor remain poor and dependent on Central Planning handouts as managed by the Socialist Left within the Democrat Party (and a few GOP pretenders).
Understand that the billionaire class do not fear Bernie because they know that Bernie is not proposing their banishment. If one has 5 billion and 1 billion is taken from them, their spending habits do not change. They have less to invest in their businesses, but their life-styles are not affected.
To be clear, Bernie/Warren propose to steal job creation and business investments from the rich (our nation's jobs creators). They will deny this, of course, but they cannot deny that the rich will keep on living "as the rich." Their (the rich) adjustment to the wealth tax will be to spend less on their corporations and all that "corporate investment" entails (job creation, wage increases, inventories, provisions for future growth, share-holder payments, and the like).
All we have to do to verify the above "theory" is to take a long look at Europe and its failing economies. Case closed; end of story.
No comments:
Post a Comment