Quote:I guess I would make a lousy progressive, because I just don’t buy into their argument that, somehow, rich people are evil.

To me, it would seem that folks like Elon Musk, who both make something people want and provide jobs, have done something that’s beneficial — not only for themselves but for society as well. It would seem logical to encourage that, so there would be more of it, not penalize it, so there would be less, and everyone could be equally poor in a socialist system.

But to folks on the left — like millionaire Sen. Bernie Sanders (I-VT) — billionaires are inherently evil, to be constantly used as a point of outrage. “They” — the billionaires — are the source of all the pain of the working class. If they have a lot and you have less, it must be because they took it somehow from you (even if that makes no sense at all).

Bernie was off on one of his typical rants on the subject on Twitter, demanding that the rich “pay their fair share” of taxes.

You constantly hear this plea from leftists. While there are certainly rich people who avail themselves of legal tax provisions to pay less, rich people pay most of the income tax paid.

According to a Heritage Foundation article earlier this year:

The latest government data show that in 2018, the top 1% of income earners—those who earned more than $540,000—earned 21% of all U.S. income while paying 40% of all federal income taxes. The top 10% earned 48% of the income and paid 71% of federal income taxes….The data show tax rates decline with income, and the poorest 20% of the population pay an average tax rate of just 1%. The left-leaning Tax Policy Center found similar results.

It surely looks like the rich pay more than their fair share.

Elon Musk, who is worth over $285 billion, let Bernie have it with a jab.

Musk then followed it up with a reference to his recent sell-off of stock, which he did in part to pay tax obligations.

Musk previously blasted the Democratic effort to put an annual tax on billionaires’ investment gains, as part of their Build Back Better reconciliation package.

Musk has also sparred with Sanders when Bernie chastised him for spending money on space travel, saying he should “focus on Earth.”

“We are in a moment in American history where two guys — Elon Musk and Jeff Bezos — own more wealth than the bottom 40% of people in this country. That level of greed and inequality is not only immoral. It is unsustainable,” Sanders tweeted on March 18.

Musk, who also owns the aerospace company SpaceX, tweeted a couple of days later that he is using his wealth to get humanity to explore space.

I’m going to bet those two folks Bernie names also pay more in taxes than the bottom 40 percent and that’s one of the reasons Bernie’s rant is so wrong. Not to mention that he equates being rich and successful with greed. But it’s the only thing socialists like Bernie understand — to take from those who make things.

Musk has stood up, not only against such targeting, but he also stood against lockdown orders over COVID last year, which he called “fascist.” He also told his followers they should take the “red pill” — an indication that he might be rejecting the Democratic narrative.

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Fair share = Democrat party slush fund.

I blame a lot of the billionaire outrage on the constant and deceiving reporting on their wealth. In a country where a huge percentage of citizens have less than $1000 in savings, people are simply too financially ignorant to understand that net worth is not money in the bank.

Bernie must think those EVs grow on trees

Fuckin dope old ass clown

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Anyone remember when this clown use to say "millionaires must pay their fair share"? I wonder what changed...

old clown face all of a sudden became one of those multi millionaires. Same goes for the person living in the White House. Its funny how both started raking in millions and moved the bar to the billionaires

(11-14-2021 08:24 PM)WKUYG Wrote:  Anyone remember when this clown use to say "millionaires must pay their fair share"? I wonder what changed...

old clown face all of a sudden became one of those multi millionaires. Same goes for the person living in the White House. Its funny how both started raking in millions and moved the bar to the billionaires

A million dollars also doesn't go as far as it used to. #ThanksBiden

Think Bernie hates Musk now, wait till he sees how rich he gets when his green buddies for everyone to buy cars from Elon.

(11-14-2021 09:09 PM)banker Wrote:  Think Bernie hates Musk now, wait till he sees how rich he gets when his green buddies for everyone to buy cars from Elon.

That the democrats subsidized with tax money.

Musk is either a quirky hero or the greatest con man of all time.

Hell maybe both.

No doubt Bernie smells like old moldy cheese.

Bernie Sanders doesn’t deserve the freedoms this country affords us. People in Vermont must be really mentally ill or self righteous indignants who believes the Government owes them to keep electing this motormouth of ignorance.

(11-14-2021 10:32 PM)BlueDragon Wrote:  Bernie Sanders doesn’t deserve the freedoms this country affords us. People in Vermont must be really mentally ill or self righteous indignants who believes the Government owes them to keep electing this motormouth of ignorance.

Vermont is the state that gave us Bernout Sanders and Bendover Fairies ice cream. I'd say they are as bad as Commiefornia.

(11-14-2021 06:06 PM)Niner National Wrote:  I blame a lot of the billionaire outrage on the constant and deceiving reporting on their wealth. In a country where a huge percentage of citizens have less than $1000 in savings, people are simply too financially ignorant to understand that net worth is not money in the bank.

I blame it on the fact that our education system is dog and is only getting worse as it focuses more and more energy on liberal indoctrination. It's astounding how few people understand your point about net worth or how corporations can earn record revenues but still operate at a loss, thus the reason they may not pay taxes in any given year.

(11-15-2021 11:36 AM)No2rdame Wrote:  

(11-14-2021 10:32 PM)BlueDragon Wrote:  Bernie Sanders doesn’t deserve the freedoms this country affords us. People in Vermont must be really mentally ill or self righteous indignants who believes the Government owes them to keep electing this motormouth of ignorance.

Vermont is the state that gave us Bernout Sanders and Bendover Fairies ice cream. I'd say they are as bad as Commiefornia.

it's really beautiful in Vermont... especially this time of year. life's just different there.

(11-15-2021 11:40 AM)Oman Wrote:  

(11-15-2021 11:36 AM)No2rdame Wrote:  

(11-14-2021 10:32 PM)BlueDragon Wrote:  Bernie Sanders doesn’t deserve the freedoms this country affords us. People in Vermont must be really mentally ill or self righteous indignants who believes the Government owes them to keep electing this motormouth of ignorance.

Vermont is the state that gave us Bernout Sanders and Bendover Fairies ice cream. I'd say they are as bad as Commiefornia.

it's really beautiful in Vermont... especially this time of year. life's just different there.

And the state of California is beautiful, too. It's not the land that's the problem but the fruit loops living there.