Tax the Rich???
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Yeah, it’s something Elizabeth Warren, Bernie Sanders, and you know the crowd. They’re always talking about this and trying to find a way to go after those billionaires. Yeah, we’re gonna tax the rich. Gotta get our fair share. And it wasn’t Obama said that, hey, nobody should may have more than a billion dollars or make more than, I don’t know. But again, this has been their little fantasy. So we’re gonna do a little thought exercise here. We’re gonna have a little fun.
We’re gonna tax the rich. We’re gonna tax, boy, are we gonna tax them? Oh, you liberals right now, this is like porn for you. Oh yeah, baby, we should have the 1970s porn music playing in the background. Anyway, so we’re gonna tax Elon Musk, Jeff Bezos, Mark Zuckerberg, Bill Gates, Ken Griffin from Citadel, Mark Cuban, we’re gonna go after him too.
Ray Dalio, George Soros. They’re rich guys, right? Yes, yes, sorry liberals, we’re gonna tax George Soros too. I know you love him. We’re gonna tax them at 100%. Yep, we’re gonna take it all. We’re gonna take it all. Bernie Sanders, Elizabeth Warren, Ron Wyden, all left-wing lunatics, AOC. Grab your torches and pitchforks and you’re going to plunder.
I do declare, I do decree 100% taxes on all of these billionaires. How dare they build businesses and create jobs? And you know what you collected? Seven hundred twenty six billion dollars. That’s quite a haul. I had some serious cake right there. Seven hundred twenty six billion dollars. So what do you do with that seven hundred twenty six billion dollars? Well.
Let me tell you what you’re not gonna fully be able to do. You’re not gonna be able to pay off this year’s interest on our national debt. Oh yeah, that’s right. Interest on our national debt is at $730.8 billion. 730, if you tax those billionaires at 100%, take it all. Every last, you shaking the couches and then you’re selling the couches, you take it all. You don’t have enough money.
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to pay the interest on our national debt. No, no, we can’t cut spending. No, we need to tax the rich more. Well, I mean, you’re really going to have to have 100% tax rates, not just for the 1%ers. I mean, you’re going to have to go down to the 5% and the 10%ers if you want to do any sort of real damage, put any sort of dent.
in the mess that you’ve already created. Not to mention the fact that left-wing lunatics don’t understand that most of the money that these people have in the wealth is tied up in stock. So Jeff Bezos doesn’t have the cash floating around or he doesn’t have gold coins in his pool like Scrooge McDuck. He would have to find a buyer for all of his stock and all of his assets like everybody else does here. And good luck with that because it would drop the price of everything.
So there you go, there you go, lefties. I gave you your little liberal dream, okay? 100% taxation of evil billionaires and that’s all you’re gonna get. Not a good idea, eh? Anyway, Watc is our site. I wanna remind everybody, please subscribe to the podcast at your favorite podcast site that’s out there. Write a review, do all sorts of stuff. It always helps us out, helps us grow the podcast. Watchdog on wallstreet.com
