Demonize THE RICH..... More division from the left.
https://thehill.com/opinion/finance...ze-wealthy-to-deflect-from-disastrous-agendas
“When the people shall have nothing more to eat, they will eat the rich.” Philosopher Rousseau said those words about the French Revolution more than 200 years ago, but they could well have been a talking point in the Democratic debates this week. The candidates brushed aside repeated questions about raising taxes to pay the trillions promised for free college, universal health care, reparations and new homes for African Americans, free health care for the undocumented, massive investment in traditionally black colleges, and other “big ideas” that various candidates pledged.
What they all agreed on was that the “rich” would pay for much of it. The loudest in this declaration of class warfare was New York Mayor Bill De Blasio, who promised that “we will tax the hell out of the wealthy.” The growing Rousseauian chant to “tax the rich” is, of course, hardly new in politics. However, the current age of rage makes this call more menacing. Suddenly, the wealthiest citizens are being portrayed as virtual predators of the poor.
Senator Elizabeth Warren even seemed to be poking the chest of an imaginary tycoon in declaring that she was coming after “your Rembrandts, your stock portfolio, your diamonds and your yachts.” I previously wrote that Warren’s concept of a wealth tax appears unconstitutional. Nevertheless, Warren continues to pledge to impose taxes on the most wealthy (2 percent for more than $50 million in assets, and 3 percent for more than $1 billion). Not to be outdone, De Blasio promised to top her tax plan, with a wealth tax on everyone worth $10 million or more.
https://thehill.com/opinion/finance...ze-wealthy-to-deflect-from-disastrous-agendas
“When the people shall have nothing more to eat, they will eat the rich.” Philosopher Rousseau said those words about the French Revolution more than 200 years ago, but they could well have been a talking point in the Democratic debates this week. The candidates brushed aside repeated questions about raising taxes to pay the trillions promised for free college, universal health care, reparations and new homes for African Americans, free health care for the undocumented, massive investment in traditionally black colleges, and other “big ideas” that various candidates pledged.
What they all agreed on was that the “rich” would pay for much of it. The loudest in this declaration of class warfare was New York Mayor Bill De Blasio, who promised that “we will tax the hell out of the wealthy.” The growing Rousseauian chant to “tax the rich” is, of course, hardly new in politics. However, the current age of rage makes this call more menacing. Suddenly, the wealthiest citizens are being portrayed as virtual predators of the poor.
Senator Elizabeth Warren even seemed to be poking the chest of an imaginary tycoon in declaring that she was coming after “your Rembrandts, your stock portfolio, your diamonds and your yachts.” I previously wrote that Warren’s concept of a wealth tax appears unconstitutional. Nevertheless, Warren continues to pledge to impose taxes on the most wealthy (2 percent for more than $50 million in assets, and 3 percent for more than $1 billion). Not to be outdone, De Blasio promised to top her tax plan, with a wealth tax on everyone worth $10 million or more.
