
Herb Chormley
505 posts











We’re about to have a trillionaire and there’s still people out there living paycheck to paycheck who oppose a wealth tax





@tonyannett Just a note behind that data. Musk actually paid $455mn in tax on $1.52 billion in the relevant period. The 3.3% number required one to add to income UNREALIZED CAPITAL GAINS. So, this is just a call to tax unrealized gains.


Today, I'm introducing my wealth tax — and more than 50 members of Congress are joining me. It’s time for the government to start working for American families, not just the ultra-rich.




One of the most radicalizing moments of my life was when I learned that they just stop collecting social security taxes on money earned over like $150K. Like you just suddenly keep 3-6% more money on all money over that threshold.



Today, I'm introducing my wealth tax — and more than 50 members of Congress are joining me. It’s time for the government to start working for American families, not just the ultra-rich.


















The top 1% now has $53 trillion in wealth, while the bottom 50% holds less than $5 trillion. How do we close the gap? Actually tax the rich. This is how states are pushing for equitable taxes–and relief for the working class. Thread:






