Post AlQ1aNof8F7ou8ykNM by andrew@esq.social
 (DIR) More posts by andrew@esq.social
 (DIR) Post #AlQ1aNof8F7ou8ykNM by andrew@esq.social
       2024-08-27T12:09:39Z
       
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       Taking even the lowest rate (1.7%) and the smallest base (top 0.5%) from the Spanish wealth tax and applying it to the US would mean an immediate $340 billion annual tax revenue increase. That would be a 7% increase in total tax revenue and, applied to social welfare programs, would constitute a 25% increase in their funding. A wealth tax can work -- those who say otherwise are either billionaires or listening to billionaires. #lawfedi @law #wealthtax #taxeshttps://news.bloombergtax.com/tax-insights-and-commentary/spains-wealth-tax-model-could-address-inequality-in-us-policy
       
 (DIR) Post #AlQ1aOndTXtjxFVRPk by bonifartius@qoto.org
       2024-08-28T07:31:46Z
       
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       @andrew @law > A racket can work -- those who say otherwise are either victims or listening to victims. FIFY
       
 (DIR) Post #AlQ3FtJj15qEQjrfCC by iron_bug@friendica.ironbug.org
       2024-08-28T07:50:21Z
       
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       yeah, common logic of thieves: steal from others because they have something. socialism is based on theft, invented by lazy and jelous butts that didn't want to work and practiced by robbers.