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Bill
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Bill
@BilldaiBill
Retired Certified Financial Planner. I’m retired and I’m a know it all about taxes and money. Best of all, I have the time to tell you even more than I know.
Wisconsin Katılım Haziran 2014
683 Takip Edilen1.4K Takipçiler

@ppadjwjs @RealDonKeith Quick example for you: Amazon employs over 1.5 million people. Untold taxes on properties, etc. you may want to think a little bit before calling names when you post.
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@BilldaiBill @RealDonKeith They create wealth from themselves, you’re not seeing it being distributed or earned by the people you moron. Your take itself just falls apart if you had simple high schooler economics💀
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🚨 NYC socialist Zohran Mamdani whines:
“We shouldn’t have billionaires because it is so much money in a moment of such inequality.”
Pure Marxist envy and class warfare.
Billionaires build empires, create millions of jobs, and power America’s economy.
Socialists create nothing but resentment and poverty.
We reward success — not punish it.
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@Pronounthis @greendragonhq There can be no flat tax if you first must define the income upon which is taxed.
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@greendragonhq I think many on the Right would love to see a flat tax out of fairness. Does the Left support a flat tax?
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@greendragonhq Were the politicians capable of thinking for themselves?
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Mamdani’s city-run grocery store is 10x more expensive than Whole Foods per square foot.
This comes as no surprise. Whole Foods founder @iamjohnmackey understands the beauty of capitalism:
"Capitalism created the possibility of the win win win. It used to be a zero sum game where somebody won, somebody else lost.
The biggest mistake people make, intellectuals in particular, they still think we're in a zero sum world. They're obsessed with some billionaires because Bernie Sanders thinks that Jeff Bezos and Elon Musk somehow stole the money from the people.
They don't understand that it's this prosperity machine that's creating more, not just for those billionaires, but for everything that they're touching. They're creating value for their customers, they're creating value for their employees. Their suppliers are flourishing, their investors are seeing their capital go up. It can be reinvested and compound.
All philanthropy ultimately comes from business. That's where the profits are.
Where does all the taxes come from? It ultimately comes from business as well.
This is the engine that's lifting humanity out. The entrepreneurs are the drivers of that engine. Somebody like Elon Musk, he gets a very, very, very tiny sliver of the value that he creates for the whole world."
Polymarket@Polymarket
JUST IN: New study shows Mamdani's "affordable" city-run grocery store is 10x more expensive than Whole Foods per square foot.
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Bill retweetledi


@WesternLensman So…her error was over 300 times the correct amount.
Did she sign the disclosure?
Did she know what she was signing?
Is she over age 18?
Was she drunk when she signed it?
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Omar was asked about the $6-30M net worth figures a few days ago:
“It's not a full picture of the numbers in the way that it is presented in the document because we have to do a range."
"I'm pretty sure it'll get, like, adjusted at some level when those ranges are looked at."
Byron York@ByronYork
Rep. Ilhan Omar filed documents with Congress saying her wealth was between $6 million and $30 million. Now she says that was a mistake, and her wealth is actually between $18,000 and $95,000. That's quite a difference. From @WSJ: wsj.com/politics/polic…
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@GuntherEagleman So…her error was over 300 times the correct amount.
Did she sign the disclosure?
Did she know what she was signing?
Is she over age 18?
Was she drunk when she signed it?
The people of Minnesota voted her in as a sitting U.S. Senator
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@BreannaMorello So…her error was over 300 times the correct amount.
Did she sign the disclosure?
Did she know what she was signing?
Is she over age 18?
Was she drunk when she signed it?
The people of Minnesota voted her in as a sitting U.S. Senator
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🚨MUST READ🚨
Rep. Ilhan Omar initially claimed her household assets valued between $6 million and $30 million.
Now she’s saying it was an error due to an accounting discrepancy and amended the filing to show her actual assets ranging from approximately $18,000 to $95,000.
Omar and her team have described the high figures as a mistake, claiming they reflected the total assessed value of the companies rather than her husband’s proportional share.
SOURCE: WSJ

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“Tax the rich” you say
10-year reality check:
$8T in billionaire wealth
4% wealth tax = ~ $320 billion per year
Current U.S. budget shortfall = $2T/year
Year 1: ~$320B collected → ~16% of deficit
Year 10: ~$290B collected → ~15% of deficit
Total over 10 years:
➡️ ~$3T collected
➡️ ~$20T deficits
Bottom line:
👉 After a decade, ~85% of the deficit is STILL there.
And that assumes government doesn’t just spend more.
Policies change—math doesn’t.
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@4TaxFairness Here’s an idea…no tax based on anyone’s income. Tax only transactions. Same rate for all. The more you spend, the more you pay. The less you spend, the less you pay.
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