why not just raise income tax rates?
because your real intent is not to just “provide healthcare”.
you’re masking that you are proposing the creation of, for the first time in the 250 years of this American republic, an organized government seizure of private property from citizens.
you’re calling it a “wealth tax” or a “billionaires tax” or “millionaires tax” or whatever nom du jour polls well. but at the end of the day, it’s the seizure of private property from citizens by the government. citizens that earned money, paid their fair taxes on those earnings (53% if they live in California) and are now being told they need to hand over after-tax assets because the government has failed to provide promised services with the revenue it’s collected, and are now re-casting their own failure to be a socio-economic inequity that must be justly resolved... a slippery slope that has never gone anywhere good (see economic effects in USSR, Cuba, Venezuela, France and Norway wealth tax etc.)
the American founders fled tyranny in Europe and this amazing nation was populated by immigrants (myself and your parents) from around the world not just looking for a “better life” but for a place where they could have freedom from tyrannical governments that can take what they want from private citizens. a great nation borne of property rights, the rule of law, and endowed freedoms to believe, speak, or act. these principles led to the greatest run of innovations, successes, and widespread increase in prosperity, for all citizens, ever seen.
the citizens, the individuals, not the institutions, delivered this progress. those who invented, who toiled, who bled, who sacrificed, who took risk and persevered, who led, and who changed the world, are not charlatans, kleptocrats, or oligarchs. they’re what made us all better off. prosperity is a measure of america’s success, not its failure.
it is your principle that is so offensive, as evidenced by the broad disdain for your flippant flirtation with the darkest of human fantasy - socialism. you and other neo-socialists have led so many of us to reflect on America’s history and what it is becoming. that now leads so many to consider, so unnecessarily, leaving their homes for a place where everyone stands up to shout down the principle you suggest. because if your ideas are now considered moderate, it’s clear this titanic is sinking.
that a “simple tax” of taking assets that have been earned, through toil and tribulation, rightly taxed, and preserved, should now be unjustly seized, is your solution to a problem of obvious government mismanagement and outright fraud, tells us that your true motivation lies not in giving people healthcare but in cutting down success and deleting the system of prosperity and opportunity for all.
i don’t care, and neither should anyone else, what the sum total market value of a private citizens private assets might be. it is none of my business and should be none of yours. because, again, once you open that pandora’s box, we might as well study Lord of the Flies … there is literally nothing stopping 51% of citizens demanding that their government go out and seize 100% of the private property of the 49%.
want to give healthcare to people in need? do your job and fix healthcare. make it affordable. want to be lazy about it? then do your job lazily and raise income taxes.
want to take private property from private citizens who have paid their fair share of taxes and legally earned their property, then honestly declare that it is envy, not inequity, that you strive to resolve…
Vanderbilt head coach Clark Lea talks about what he told his team when they didn’t make the CFP:
“The message was, 'We had control over this ... and we did not do enough.' I think it's really important that we take ownership. ... The world expects us to be disappointed right now, but what we are is excited [for the bowl game]."
Wow.
Coinbase CEO Brian Armstrong pulled up a prediction market at the end of their earnings call today and he rattled off all the words people were betting he would say.
Legend.
(H/t @0xTyrael)
Oregon head football coach, Dan Lanning, on Ducks super fan Charlie Kirk: “I hurt for his wife, Erika, and their kids. That sort of evil should never exist in our country. That’s what it is, evil.”
“Life matters, and I think we’ve lost sight of that.”
“If you disagree with me, if you hate me, if you don’t like me, just know this: I love you. I absolutely love you, and life matters.”
“Charlie shouldn’t have experienced that; his family shouldn’t have experienced that; there’s no way that evil should exist in this world.”
Thank you, Dan, for standing up for what’s right. Charlie, your legacy will live on forever.
Dustin Poirier’s daughter gave him a BDE (Best Dad Ever) belt when he returned home from #UFC318. 🥹❤️
“I don’t have the BMF belt, but I got the BDE belt.” 😅
📸 @arielhelwani
Highlighting uniforms of non-FBS programs in Iowa: Central College.
The Dutch play in Pella and compete in the DIII American Rivers Conference. The Dutch keep it classic with a timeless red and white look, and maintain a season winning record streak since 1960! @CentralDutchFB
People crying about government workers being fired or stocks not going straight up…
What would you like to do?
Expand government forever and continue running $2 Trillion deficits, just so your 401k is higher? I give Trump and Bessent credit for at least trying to do something.
Hundreds of illegal immigrants in the gang “Tren de Aragua” were just deported…
This is how El Salvador received them.
The previous administration was letting them roam free inside our own country.