quote:

Originally posted by ZSMICHAEL:
Looks like he saved billionaires. He said everybody should pay for this. Unless you are poverty stricken I think that means you. I do not like paying for something I do not support. I received no stimulus checks, no loans from the government or any other handouts. Socialism pure socialism. We will have to see the final result.

I bear no brief for Manchin, but what made this politically feasible was that the burden was supposed to fall entirely on billionaires. If Manchin forced the donkeys to be entirely honest and admit that sooner or later all investors would be subject to this tax, then this may have effectively killed the idea. There was never an exception for investment funds that anyone really expected to survive, was there?

quote:

Originally posted by 220-9er:
They're just pandering to the wealth envy crowd.

100%

Just like the income tax. When it started, it would just tax the rich.

His data may be a little old, but the point remains.

https://www.forbes.com/sites/c...mic/?sh=78cbecccf557

quote:

Originally posted by 1s1k:

quote:

Originally posted by 220-9er:
They're just pandering to the wealth envy crowd.

100%