Patrick J. Maloney

23.3K posts

Patrick J. Maloney

Patrick J. Maloney

@pjm666

Katılım Haziran 2011
52 Takip Edilen249 Takipçiler
Elizabeth Warren
Elizabeth Warren@SenWarren·
Elon Musk has 6.5 MILLION times more wealth than the typical American. It’s time for a wealth tax — billionaires must pay their fair share.
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jdarden
jdarden@jdarden415040·
Bernie, asshole that you are, be honest for once, to pay your 5% wealth tax they would have to liquidate assets, and after they do that they will owe a capital gains tax. Not to mention the downward pressure it will put on the market when every billionaire is having to sell off millions to billions in stocks. So they have to pay a tax on their tax. In cases like Elon Musk, under thst 5% tax he would owe roughly $42 billion for his current net worth, but when he liquidates $42 billion he will owe another $8.4 billion in capital gains tax. So he would really have to liquidate roughly $52 billion to pay the wealth tax and the capital gains. Selling off $52 billion is going to drive the value of Tesla stocks down and his overall net worth down. These mandatory sales would dilute Musk’s voting power, eventually making it impossible for him to maintain majority control of his companies. Forcing billions of dollars in stock sales every year would destabilize the markets and harm everyday investors who own the same stocks. This "modest" 5% punishes founders for the success of their companies. It is clearly designed to force the loss of company control and voting rights because, as opposed to actually being modest. It is a confiscatory rate that can potentially exceed annual returns. Reign in government spending and the rampant fraud that you are presently ignoring before trying to reallocate wealth.
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Bernie Sanders
Bernie Sanders@BernieSanders·
Ok, Jamie: Let me clear things up for you. If my 5% wealth tax on billionaires was enacted you’d owe $135 million more in taxes & a family of 4 making $150,000 or less would receive a $12,000 payment. Oh, and you’d still be worth more than $2.5 billion. Seems pretty fair to me.
Acyn@Acyn

Kilmeade: What do you say to people like Bernie Sanders who says billionaires don't pay their fair share? Dimon: I don't know what he means by fair share

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Eric Swalwell
Eric Swalwell@ericswalwell·
Trump doesn’t get to choose who the next Governor is, Californians do. And WE WILL WIN.
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Senator Mark Kelly
Senator Mark Kelly@SenMarkKelly·
The cost of living is sky high. Let’s call it what it is: an emergency. But Washington isn’t treating it like one. That’s why @RepDeluzio and I are introducing legislation to force action and put working Americans first.
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Chuks Chukwuemeka 📈
Chuks Chukwuemeka 📈@Chuksforreal·
Sounds great on paper. But every wealth tax in Europe eventually failed. France tried it. Repealed it. The rich just moved. $6 trillion assumes billionaires sit still while you tax them.They won't. Their accountants are already three steps ahead of this bill. Good intention. Weak execution.
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Elizabeth Warren
Elizabeth Warren@ewarren·
The Ultra-Millionaire Tax Act would generate over $6 trillion over the next decade—without raising taxes on 99.85% of American households. This wealth tax for millionaires and billionaires could pay for universal child care, free community college, Medicare expansion, and more.
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Patrick J. Maloney
@PramilaJayapal Until it’s tossed. Democrats constantly celebrating stealing money from people. It will eventually apply to everyone.
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Pramila Jayapal
Pramila Jayapal@PramilaJayapal·
Washington State keeps showing up for working people!! The Millionaires' Tax is now law in my home state – making the ultra-wealthy finally pay their fair share while delivering free school meals for every kid, affordable child care, tax relief for small businesses, and direct checks to nearly 500,000 working families. While Trump and Republicans gut programs working people depend on, my home state is proving that a different path is possible. This is what it looks like when we come together and deliver! 💜
Pramila Jayapal tweet media
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Bernie Sanders
Bernie Sanders@BernieSanders·
Tomorrow, millions of Americans will be joining No Kings rallies. We will be saying NO to authoritarianism. NO to oligarchy. NO to endless wars. NO to the continued attacks against the working class. I look forward to seeing you in St. Paul, MN.
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Keith Ellison
Keith Ellison@keithellison·
Tomorrow, Minnesotans will come together once again. Not out of fear, but out of courage, community, and a belief that our democracy belongs to all of us. No Kings. I’ll see you there.
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Bernie Sanders
Bernie Sanders@BernieSanders·
NEW YORK CITY: I will be joining a rally on Sunday to demand that, at a time of record income and wealth inequality, corporations and the wealthiest people in this country start paying their fair share in taxes. I hope you'll join us. dsa.nyc/BernieTTR
Bernie Sanders tweet media
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Elizabeth Warren
Elizabeth Warren@ewarren·
A two-cent wealth tax on ultra-millionaires would: Deliver universal child care, Build millions of homes, Expand Medicare, Provide paid family leave, Fund tuition-free public college, and so, so much more.
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Senator Patty Murray
Senator Patty Murray@PattyMurray·
If you make under $184k, you pay a 12.4% Social Security tax rate. Everything after that cap is exempt from the tax. So if you make $1 million per year, you pay about 2.2%. And it's 0.002% for billionaires. If we lifted the cap, Social Security could be funded for decades.
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John Zschiebsch
John Zschiebsch@JohnGermanzig·
@ThatBadGoy @georgegalloway @Marmittaaa Try and remember that Dexter is not real!! I get the point of ur post and yet …”Why”? It has no intellectual payoff it also it’s not humorous or educational it’s just stupid. Try and contribute some current affair stuff that’s interesting and helpful. Ok?
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Patrick J. Maloney
Patrick J. Maloney@pjm666·
@SenWarren That's all your opinions are worth. Start by having you and Bernie Sanders give up all of your money.
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Ankit Anurag.
Ankit Anurag.@AATiwary24·
@PopBase Justice served..Over 800 workers finally getting what they deserve props to Zohran Mamdani’s administration for standing up for labor rights. 👏
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Pop Base
Pop Base@PopBase·
Zohran Mamdani’s administration has secured $1.8 million in restitution for 800+ NYC fast food and retail workers whose labor rights were violated.
Pop Base tweet mediaPop Base tweet media
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Born to Rise Motivation
Born to Rise Motivation@DalliesDammy·
This is the kind of quiet victory that doesn’t make headlines but transforms real lives. It shows that leadership isn’t just about promises; it’s about creating systems where people are protected, empowered, and fairly treated. Mamdani’s approach is proving that thoughtful, persistent action can move the needle in ways that truly matter.
Born to Rise Motivation tweet media
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