Well, I'd wager most of the people who are advocating for the wealth tax have already felt economic disaster. Many economic disasters.
During the dot-com bust, my 401k was cut in half. How is that for a wealth tax?
Cut in half again during the great recession of 2008. How is that for a wealth tax?
Dipped during COVID. Another wealth tax.
Inflation went up when Trump applied the first round of tariffs. Inflation is the ultimate wealth tax.
Went up again when he invaded Iran. Another round of wealth tax.
I saw him in a video saying that he had to sign the "memorandum of understanding" because if he didn't there would be a world-wide depression. So I'm bracing for another round of wealth taxes.
rhelz•43m ago
During the dot-com bust, my 401k was cut in half. How is that for a wealth tax?
Cut in half again during the great recession of 2008. How is that for a wealth tax?
Dipped during COVID. Another wealth tax.
Inflation went up when Trump applied the first round of tariffs. Inflation is the ultimate wealth tax.
Went up again when he invaded Iran. Another round of wealth tax.
I saw him in a video saying that he had to sign the "memorandum of understanding" because if he didn't there would be a world-wide depression. So I'm bracing for another round of wealth taxes.