Henry

their pessimism is your opportunity

[Nom De Plume @bravoCo104498]

Ro Khanna is THE example for why we need a millionaire politician tax. Any politician that earns vastly outsized returns from their insider trading investment must be taxed 100% on their proceeds.

Every % they beat the average return each year should be taken and given back to the people.

Meanwhile, Ro Khanna is perfectly capable of writing ANY sized check he thinks is appropriate for the treasury if he believes he’s not being taxed enough.

Instead, he finds every single tax loophole he can get to shield every dollar he possibly can.

Quit running your suck and write the check, Ro, you absolute fraud.

[Ethan Agarwal @ethanagarwal]

Ro is catching a lot of flack for his latest round of posts, which he deserves.

Let me provide some context as someone who went up against him 1:1 (and lost).

1. He's not stupid. He doesn't think wealth taxes are a good idea. He knows capitalism is better than socialism. He ragebaits online to create ammunition to show his base that he's fighting the "Epstein Class."

Remember, he's raised more money from more billionaires than any Congressperson in the history of America. And he hasn't returned a dime of it.

2. He's never going to acknowledge fault or change his mind. All his "we can at least agree on..." are blatant attempts to make him seem reasonable and us seem unreasonable.

3. His stock trading, his family's net worth, the $10m house in DC, voters don't care about it. Or at least, not enough to vote differently. It's fun to dig at him about the hypocrisy, but no one outside of X cares.

For the last two years, and every day from now onwards, he's only playing nationally, not locally. 90% of his money comes from outside the 17th district. Every statement he makes has to be viewed in this lens.

4. The best thing, perhaps the only thing, we can do is ignore him. Irrelevance is a much greater punishment for him than being wrong.

5. What we can do to further his irrelevance is to change minds of people. When we went to BART stations and farmers markets and engaged voters 1:1, a 10 minute in person conversation with a teacher or a church administrator, we were far more effective. We just ran out of time.

Ro is a cancer to our country, to our economy, and to our district. I tried to fight him and failed at the ballot box, but we can't stop fighting the mind virus he's spreading across our nation. We need to fight it in the street to win.

[Peter Schiff @PeterSchiff]

U.S. Senator @SenAdamSchiff thinks people get rich not by working hard or adding value, but because of a flawed tax system that doesn't prevent it from happening. In his mind, wealth comes from government and consumer spending, not savings and capital investment. What an idiot!

[Flopping Aces @FloppingAces]

Ro Khanna built his little morality cathedral on the idea that wealth inequality is some national sin requiring government punishment.

Then Grover Norquist walked in, flipped on the lights, and pointed straight at the altar.

You first, Congressman.

That’s the kill shot.

Not because $11.6 million is the whole debate. Not because one check solves federal spending. But because it exposes the entire wealth-tax racket for what it is: a sermon for other people’s wallets.

Khanna wants the state to stalk accumulated success like a repo man with a badge. Your assets. Your business. Your investments. Your unrealized gains. Your family holdings. Your illiquid property. All of it tossed onto the government scale so bureaucrats can decide how much of your life’s work they feel entitled to this year.

And they call that justice.

No, that’s not justice.

That’s envy with a spreadsheet.

That’s confiscation wearing a charity-shop halo.

That’s politicians who benefited from capitalism trying to kneecap the ladder after they climbed it.

Silicon Valley didn’t become Silicon Valley because some federal tax ghoul audited ambition into existence. It was built by risk, capital, failure, obsession, invention, and reward. The wealth-tax crowd shows up after the engine works, throws sand in the gears, and congratulates itself for caring about the workers stranded on the side of the road.

Grover’s envelope did what a thousand policy papers couldn’t.

It forced the preacher to face his own gospel.

If Ro Khanna believes wealth confiscation is moral, he doesn’t need a law.

He needs a pen.

Cut the check, Ro.

Or admit the revolution was always scheduled to begin in someone else’s bank account.
(article below)

[david friedberg @friedberg]

if @elonmusk paid 100% of his net worth ($1.4 trillion) as a tax it would only cover federal government spending for 77 days. this isn’t a tax problem…

[Henry @subzero5787]

Start with asset seizure of politicians first! @RoKhanna @SenWarren . Put your money where your mouth is!

[david friedberg @friedberg]

I would like to see you make a voluntary contribution of 5% of your family’s $200M net worth to the government for important healthcare, childcare, and jobs. Don’t worry, it’s just one-time. Your $10M contribution will provide free childcare for over 1,000 California kids for a year! Once you’ve made your personal contribution to a more just and equitable society, I’ll support all your other asset seizure ideas. But you gotta go first…

[Henry @subzero5787]

@blknoiz06 $wif

[remus @remusofmars]

so it seems people are deciding between:

- bullposting sol as it starts to do its thing (flip from sentiment of it being a total scam to realization that it’s the best smart contract blockchain that real users can use best, as it’s done two market cycles in a row now)

or

- arguing that any people bullposting sol are being paid

LMFAO

[best of the sopranos @Bestofsopranos]

No competition

[Henry @subzero5787]

💯

[Sawyer Merritt @SawyerMerritt]

Andrew Ross Sorkin on Elon Musk:

“He is a demonstrable force for good. He’s a genius. I admire so much about what he’s created; If I look at the totality of this man, 100-200 years from now, he’s the person we’ll be writing the history books about."

[Rose Smith @itsrosesm]

If you stole 1 trillion from Elon Musk you could fund the federal government for 50 days. It's not a tax the rich problem. It's a government spending problem.

[NotKennyRogers @NotKennyRogers]

There are currently 190,000 children in Chicago living below the poverty level.

For the price of the $900 million Obama library, we could have given each one of these poor children in Chicago $4,736.

Am I doing this right?

[Henry @subzero5787]

@SenWarren If you confiscated the entire net worth of every billionaire and above (Elon in this case) the it would fund the us govt for a little over 1 year if that. The tyranny is insane at this point get a grip.

[Henry @subzero5787]

@SenWarren You are a dishonest, despicable human being putting on a show. You and your colleagues have spent 5-8 trillion dollars every year, put our country in 39 plus trillion dollars of debt, and you claim a few % points off elons paper net worth of 1 trillion dollars will be the change.

[litquidity @litcapital]

Elon Musk just lost over $250 billion in net worth due to SpaceX’s stock decline today

That’s the biggest single-day wealth decline in human history

These numbers are largely illiquid, paper gains that cannot be realized

Your wealth tax is an absolute joke

[Bonchie @bonchieredstate]

Democrats: “I can solve every problem in the world if I get $200 billion from Elon Musk!”

Normals: “You spend $7 trillion a year and you haven’t fixed all that stuff yet?”

Democrats:

[Mark Walker @markwalker5555]

One of the most laughable things on the internet is all the people in our government who have amassed a 39 trillion dollar debt telling us that if they could just tax Elon’s wealth, they could fix everything they have broken. 😂🤡

[mert @mert]

"ive been in office for 13 years and our yearly budget is 7 trillion but we can't help children unless we steal from the guy doing spaceflight"