Bernie: $999M is enough, you can live on that.

8,042 Views | 82 Replies | Last: 5 mo ago by Brother Shamus
ProgN
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https://www.theguardian.com/us-news/2023/may/02/bernie-sanders-interview-chris-wallace-tax-rich

Quote:

The US government should confiscate 100% of any money that Americans make above $999m, the leftwing independent senator Bernie Sanders said late last week.
Quote:

"Are you basically saying that once you get to $999m that the government should confiscate all the rest?" Wallace asked the US senator from Vermont, who is an independent but caucuses with Democrats and has helped them attain their current slim majority in the upper congressional chamber.

"Yeah," Sanders replied. "You may disagree with me but, fine, I think people can make it on $999m. I think that they can survive just fine."


Wallace had earlier mentioned how the late Sam Walton could make the giant retail chain Walmart the largest single private employer in the US thanks to his family's net worth of about $225bn. Sanders countered that Walmart in many cases pays starvation wages to its 1.2 million employees despite how rich the Waltons are.

"Many of their workers are on Medicaid or food stamps," Sanders said, referring to forms of government assistance for which low-income Americans can qualify. "In other words, taxpayers are subsidizing the wealthiest family in the country. Do I think that's right? No, I don't."

Nonetheless, Sanders said his comments on the matter weren't a personal attack against the Waltons or other billionaires.

"It is an attack upon a system," Sanders said. "You can have a vibrant economy without [a few] people owning more wealth than the bottom half of American society" combined.

He added that if he were in charge: "If you make a whole lot of money, you're going to pay a whole lot of money."

Sanders's remarks are unlikely to ingratiate him with proponents of the US political right who already dismiss him as a communist. But they have never been a part of his base of supporters.
Quote:

He also argues that "unfettered capitalism … destroys anything that gets in its way in the pursuit of profits", including the environment, democracy and human rights.
GFY Bernie and every young brainwashed dumbass that supports socialism. Socialism doesn't bring everyone up, it pulls everyone down, like live crabs in a boiling pot, except those in control. Do you socialists really believe that if what he's proposing ever came to fruition that the government would give it to you and make you rich? Besides, all the billionaires would just leave so jobs would be lost and no money for the government to steal. Also, it may start with billionaires but the threshold would eventually be lowered to hit the middle class, who can't just leave.

Envy is one of the deadly sins for a reason.
Old May Banker
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He's such an economic illiterate... this would impact a whopping ZERO people. Dude doesn't have a clue.
dead
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Franklin Comes Alive!
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Dude is such a played out hack

He rambles non-stop about the ultra-rich but all his policies attack the middle class
ProgN
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dead said:


The fact you believe that and posted it proves you failed economics.
TexAgs91
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Why is there a communist in our government?
Rapier108
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Only one good kind of communist.
"If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves." - Sir Winston Churchill
Franklin Comes Alive!
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dead said:




So robbing successful people is your life strategy

Good Bull!
Old May Banker
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Attorneys and accountants for billionaires would like it as they could start creating more trusts, LPs, LLCs, charitable foundations, etc....

But the government would be SOL.
rocky the dog
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Elections are when people find out what politicians stand for, and politicians find out what people will fall for.
ProgN
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Rapier108 said:

Only one good kind of communist.



Fightin_Aggie
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That's cool Bernie.

Your first.
The world needs mean tweets

My Pronouns Ultra and MAGA

Trump 2024
Fightin_Aggie
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TexAgs91 said:

Why is there a communist in our government?
Because New Hampshire, Oregon, New York, California, and more are full of stupid and greedy people

The greedy people become communist to graft off of the stupid people.
The world needs mean tweets

My Pronouns Ultra and MAGA

Trump 2024
I am always wrong
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All I'm reading here are the headlines, and they all keep saying "999m." That is the abbreviation for $999,000.

Is he talking about $999,000 or $999,000,000 as in 999mm?
HoustonAg2106
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What is his net worth I wonder?

And I highly doubt it's just $3 million like it says when you Google this
Old Sarge
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I am always wrong said:

All I'm reading here are the headlines, and they all keep saying "999m." That is the abbreviation for $999,000.

Is he talking about $999,000 or $999,000,000 as in 999mm?
It's a Communist saying it. 999K. And with them using inflation as a weapon and increased costs of living due to things like no drilling, in 10 years, that 999K will be worth what? 250K?

It is all a ploy to bankrupt you and make you dependent on the benevolent government. Just like their beloved Venezuela.
aggie93
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One thing that frustrates me about this stuff is no one asks the obvious question.

Ok, so every Billionaire has all of their wealth except $1 Billion confiscated what happens to all of their companies? Is the government going to own those businesses now or will all of the stock be sold? If it is the former it's pure communism and the government now needs to appoint their own administrators to run those companies? Or is it the far more likely latter and suddenly massive amounts of stock has to be sold which will destroy those companies. The consequences of every Billionaire having to sell all their stock at the same time is beyond catastrophic in terms of what it would do to the economy.
"The most terrifying words in the English language are: I'm from the government and I'm here to help."

Ronald Reagan
Pookers
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Bernie is an establishment **** who is just virtue signaling to his moron voters. Such policies would never be permitted to pass. Billionaires can have government officials removed from the equation should they have their economic status threatened.
Old May Banker
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He's not specifically talking about their wealth here... he's talking about their annual earnings.
ProgN
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aggie93 said:

One thing that frustrates me about this stuff is no one asks the obvious question.

Ok, so every Billionaire has all of their wealth except $1 Billion confiscated what happens to all of their companies? Is the government going to own those businesses now or will all of the stock be sold? If it is the former it's pure communism and the government now needs to appoint their own administrators to run those companies? Or is it the far more likely latter and suddenly massive amounts of stock has to be sold which will destroy those companies. The consequences of every Billionaire having to sell all their stock at the same time is beyond catastrophic in terms of what it would do to the economy.
Not to mention 401Ks of people that built for retirement. Socialists/communists are pathetic, evil and dumb, that's not a recipe for success.
aggie93
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Old May Banker said:

He's not specifically talking about their wealth here... he's talking about their annual earnings.
Today he is but he is all about wealth confiscation. He spreads the idiot virus to his followers as well.

BTW, the annual earnings idea is just as stupid. The money has to come from somewhere and this just destroys incentives to work hard and take big risks.
"The most terrifying words in the English language are: I'm from the government and I'm here to help."

Ronald Reagan
NCNJ1217
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I am always wrong said:

All I'm reading here are the headlines, and they all keep saying "999m." That is the abbreviation for $999,000.

Is he talking about $999,000 or $999,000,000 as in 999mm?


Most people in the world are not finance/accounting nerds, he means million.
Old May Banker
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AG
I agree 100%.... dude is an imbecile
agent-maroon
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HoustonAg2106 said:

What is his net worth I wonder?

And I highly doubt it's just $3 million like it says when you Google this
Yeah and how many houses does this mouthy ******bag have again?
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NCNJ1217
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NCNJ1217 said:

I am always wrong said:

All I'm reading here are the headlines, and they all keep saying "999m." That is the abbreviation for $999,000.

Is he talking about $999,000 or $999,000,000 as in 999mm?


Most people in the world are not finance/accounting nerds, hethe article means million.


Edited to clarify it was the article who used m for million, see article headline for confirmation of their intent.
Lake08
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Why do we care someone that is irrelevant?
Old Sarge
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Old May Banker said:

I agree 100%.... dude is an imbecile DemocRatic Socialist (Communist)

Just for clarification, Old May. However imbecile does apply in a way.
one safe place
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These socialist and communist *******s like bernie, biden, pelosi, soros, they seem to live forever.
smothered
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he should go lower, nobody needs more than 25 million honestly
ProgN
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Lake08 said:

Why do we care someone that is irrelevant?
It's sad that you don't see the path we're on. All these brainwashed dumbasses that believe socialism is equity and capitalism is unfair will become a huge voting block. They don't know history because they haven't been taught the truth and support **** like this. They believe socialism will make them and everyone rich and they won't have any financial concerns, because everyone will be equally rich. They don't have a ****ing clue that they're molting the steel for their own cuffs when they're slaves.

The biggest mistake was conservatives surrendering education to the progressives decades ago.
Lake08
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ProgN said:

Lake08 said:

Why do we care someone that is irrelevant?
It's sad that you don't see the path we're on. All these brainwashed dumbasses that believe socialism is equity and capitalism is unfair will become a huge voting block. They don't know history because they haven't been taught the truth and support **** like this. They believe socialism will make them and everyone rich and they won't have any financial concerns, because everyone will be equally rich. They don't have a ****ing clue that they're molting the steel for their own cuffs when they're slaves.

The biggest mistake was conservatives surrendering education to the progressives decades ago.


He's ultimately irrelevant. Just please take votes away from brain dead. That's all I care about
Old May Banker
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smothered said:

he should go lower, nobody needs more than 25 million honestly

lol

Tell us how jealous you are.
bigcat22
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It's not like these buys have billions just sitting in cash. If they and to liquidate holdings to pay these proposed taxes it would tank the markets (ie everyones 401k, pensions, etc).
ProgN
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Lake08 said:

ProgN said:

Lake08 said:

Why do we care someone that is irrelevant?
It's sad that you don't see the path we're on. All these brainwashed dumbasses that believe socialism is equity and capitalism is unfair will become a huge voting block. They don't know history because they haven't been taught the truth and support **** like this. They believe socialism will make them and everyone rich and they won't have any financial concerns, because everyone will be equally rich. They don't have a ****ing clue that they're molting the steel for their own cuffs when they're slaves.

The biggest mistake was conservatives surrendering education to the progressives decades ago.


He's ultimately irrelevant. Just please take votes away from brain dead. That's all I care about
I agree with that but the movement they've built will live on and that's not a good thing.
tysker
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How many do you think have annual earnings exceeding $1B?
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