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No Billionaires Campaign - 100% wealth tax

Thom Hartmann: It's Time to Get Serious about Outlawing Billionaires

"It’s time to start funneling the riches produced by the American economy to the real job creators: working class people who are spending money. And the best way to do that is to outlaw billionaires with a 100% wealth tax on all assets over one billion dollars. We can call it the “No Billionaires Campaign,” and it just might be our best hope to save the American middle class."

Commenter says...
"This makes so much sense that I cannot understand how any non-billionaire can argue against it."

Now just let the reality of what we're up against sink in...

Here is the link: http://www.democraticunderground.com/101789960



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Wow! Just wow. What is the

Wow! Just wow. What is the matter with these people?

Blessings )o(

So. Much. Ignorance.

So. Much. Ignorance.

Seriously, have these people never heard of property rights? Not to mention the obvious economic argument about investors? Where are capital-intensive businesses (pharmaceuticals, heavy tech, manufacturing) going to get their investors? These businesses require a huge amount of capital to get started before they have paying customers. Other tech companies (particularly Internet) rely on high net worth angel investors - the most notable ones are billionaires.

Please visit and subscribe to www.libertyentrepreneur.com!

And this is why Russia Today

And this is why Russia Today is not on my "must watch" list.

jrd3820's picture

Oh my god....

The ignorance is depressing.

“I like nonsense, it wakes up the brain cells. Fantasy is a necessary ingredient in living.”
― Dr. Seuss