Billionaire investor Mark Cuban slams Elizabeth Warren for demonizing the wealthy

Billionaire investor Mark Cuban slams Elizabeth Warren for demonizing the wealthy

Click Here To Read More


What do you think?

702 Points
Upvote Downvote

Leave a Reply

Your email address will not be published. Required fields are marked *

One Comment

  1. FTA:

    >The Massachusetts Democrat estimates the Ultra-Millionaire Tax Act would affect about 100,000 households in the U.S., or roughly 0.05% of the population, and would generate about $3 trillion in revenue over the next decade based on estimates from Emmanuel Saez and Gabriel Zucman, economists at the University of California, Berkeley.

    >Last month President Biden said he supports a Democratic proposal to tax billionaires annually on their unrealized investment gains.

    >As part of his sweeping “Build Back Better” agenda, Biden called for a slew of new taxes on corporations and the top sliver of U.S. households, including raising the corporate tax to 28%, nearly doubling the capital gains tax rate to 39.6% from 21%, restoring the top individual income tax rate to 39.6% from 37% and taxing capital gains at death.

    This doesn’t mention the forced liquidation of retirement accounts.

    Put all of this together and what do you get? A reduction in demand for equities! This affects everyone who has their retirement funds in the market. What the Democrat party appears to be doing is intentionally engineering a period of lackluster economic growth and poor stock market returns. Unless they’re so stupid that they can’t imagine their policies doing this. Can they really be *this* stupid?

Lakhimpur | Amid ‘Murder’ Case Against Son, Union Min Ajay Misra Meets Amit Shah

France Catholic Church: Pope expresses ‘shame’ over Church response to sexual abuse survivors following report