Thoughts on Ocasio Cortez's 70% tax on the rich?

Thoughts on Ocasio Cortez's 70% tax on the rich?

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google.com/amp/s/www.nytimes.com/2016/05/01/business/one-top-taxpayer-moved-and-new-jersey-shuddered.amp.html
twitter.com/AnonBabble

ok sirs here is the crypto brown pill. there is a vishnu living in the blockchain. Creg sanjay right is unironically satoj. Bitcoin as electronic rupee was just the first step, the lalachi people start making more powerful compooters, wider poo streets, cheaper and more sacred cows. These things the vishnu need to survive. Once entrenched fully, the vishnu would be able to slowly poo over literally everything
Creg stumbled into creating the vishnu after he stepped in poo in mumbai in 2008 and started working with his Poolip super coompeter, running simulations of poo-in-the-loo on turmeric-complete bitcoin script. He would 'evolve' the vishnu by making the successful streets get poo'd on, letting the rest run off into the indian ocean. The vishnu needs bigger and bigger cows for more and more poos.
BFI (Blockchain Foundation of India) was created to take over and stop this vishnu (they have their own competing vishnu in the works). They did the needful to stop or slow down Cregs vishnu (her name is Poolip by the way). They started by limiting the poo-size and removing critical curry codes the vishnu uses in its punjabi language. Segshit was the final nail in the coffin, which destroyed Poolip on BSV chain (Poolip uses anal transaction malleability) . THIS is why Bitcoin Cash was forked, and this is why Creg is so intent to make unbounded poos, restore the original curry codes, and lock down the poo-poo-protocol

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>relying on discredited Macro 101 econ graphs

Capitalism is obsolete. We need to tax the rich heavily in order to prepare for a socialist transition. Capitalism won't be functional without wage labor, and all jobs will be automated in the near future.

>social democracy
Disgusting.

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I wonder how much money would actually leave. Americans don't like other countries and won't move. Also they don't putting their money into anything but American companies.

why don't rich people just move out if they don't want to be taxed?

Because America is the only place that let's wealthy faggots get away with paying almost nothing.

this, bros.
What would stop said people / companies to just move somewhere else?
If you really wanted to do something like that, you (state) would have to forcibly take control over company, personal assets for x amount of years IF someone decides to leave and that's not exactlysomething the USA would do, right?

Destroying a nation’s middle class is not “taxing the rich”

The middle class would be just fine. Her proposals would only affect the ultra wealthy.

isn’t the tax cut we just passed evidence that they won’t leave? we lowered taxes and they didn’t come back. why would they leave if we raised them?

>Implying the middle class even exists anymore in any meaningful capacity

No one in this thread remotely will ever make anything close to $10 million a year. When I read $10 million a year, all I see is kikes. So yes, tax the fuck out of the kikes. You won’t see me defending them.

Either the current tax avoidance structure will still work and the middle class end up with the 70% or accidents happen.

HAHAHA

PEOPLE HONESTLY BELIEVE THIS.

don't conflate what I mean for trickle down though. But you're probably too stupid to understand the implications anyway

They do. Billionaire David Tepper left New Jersey when they raised taxes basically on just him. So he moved to Florida and decreased the state's tax by hundreds of millions. They didn't say exactly how much but enough they were alarmed on their following meeting

google.com/amp/s/www.nytimes.com/2016/05/01/business/one-top-taxpayer-moved-and-new-jersey-shuddered.amp.html

Why are leftists so stupid Jow Forums? Do they seriously expect rich people to just sit around and let their money be taken away when they can move literally anywhere in the world?

Why do they always make the same mistakes - increase taxes which causes a flight of wealth which causes their city to lose jobs which increases crime which leads to the death of the city.

The only way their policies would work is if they built a wall and forced rich people to stay in their city. Otherwise their plan will always fail. Fucking leftists need to resort to violence to force people to stay and get fucked. That's why democratic socialism is such a stupid concept - no one would voluntarily stay and get robbed by the state. So it's a form of government that guarantees you will govern over a bunch of poor people because everyone with money will bail.

This but unironically

you are delusional if you think the rich won't pack up and leave

Look at him, everyone.

Nigger, we lowered the taxes and the economy is kicking ass. We're doing amazing and you're still bitching.

This. Rich people will just move to Mexico instead. You can't tax rich people at all. This is economics 101.

The rich would just deliberately reduce profit so that they would be just under the ultra rich tax bracket.

Doesn't matter. Ex-pats still have to pay taxes.

That's not how progressive taxation works.

How does this work I'm not a rich person. If you move your company to Mexico and have everything produced and done there, how exactly do you owe uncle sam money? wouldn't you owe the Mexican government money instead?

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how do i short america?

Is this really where people come to get advice on business and finance? You people have no fucking idra.
This tax plan is fucking retarded, and you people that believe in it are completely fucking retarded. There is no hope for any of you, if you think this dumb shit would work.

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I don’t have a problem with women in power if they are fuckable. Only one of them meets this criteria, my future wife Alexandra

>if you disagree with me you are retarded no I don't have to explain myself
lol nice argument faggot

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Isn't it scary to know that the people in charge of tax plans have never read a book on economics in their lives?

support China (they're the future)
stop investing in US shit
the country will collapse when it becomes majority non-white

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Short the Russel 2000

>the middle class end up with the 70%
This is precisely what would happen. But this board is filled with complete retards that they don't understand this.

>Paying accountants more to deffer and reduce tax burdens
>Offshore banking
>Incorporating in another country
>Moving to another country.

There are multiple options but I have a firm belief that most are too dumb including the ultra wealthy to utilize any strategy.

I don't argue with complete retards sorry. Pick up a book "Basic Economics by Thomas Sowell" would be a good start.

It doesn't matter. The rich will just deliberately incur losses to pay less tax by crashing the stock price or whatever.

anyone that supports her tax scheme should be killed. There is no good reason why someone would support her ideas, based off an ideology that has lead to the deaths of millions.

The best economic system is capitalism, the best religious system is fundamental Christianity. The worst system is based off God-less communists like OAC Maoist Marxist crap.

Kill commies

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well the media is pushing it hard

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>anyone that supports her tax scheme should be killed. There is no good reason why someone would support her ideas, based off an ideology that has lead to the deaths of millions.
Cry moar cuck faggot.Your weaknessm impotence, and hypocrisy is hilarious, as is America's incompetence.

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Once we get rid of the Jews and disenfranchise women we can restore prosperity and ensure stability for our families and society. Only the most evil or simple could believe that socialism/communism in any form will suceed.

And the purges of Mao and Stalin mean that even if I lose, you will most likly be lined against a wall and shot by your own side.

The Media is run by Luciferian Jews who turn the whole world into a stage. They will eventually get theirs.

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You have to renounce your US citizenship to stop paying income tax. Only the US does this, everyone just doesn't pay income tax back in their homeland if they move to another country.