Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(107,970 posts)
Wed Oct 27, 2021, 09:30 PM Oct 2021

TFG bashes Democrats' new billionaire-tax plan and suggests he might flee the US, but he'll 'stick

Former President Donald Trump assailed the billionaire-tax proposal from Democrats on Wednesday, suggesting he might flee the US to escape taxation. But he said he'd be sticking around.

"I just wonder, will I be allowed to run for president again if I move to another country?" he said in a statement. "No, I guess I'll just stick it out, but most others won't."

Trump was referring to the billionaire-tax proposal that's on all but doomed in the Senate only hours after it was introduced by Sen. Ron Wyden of Oregon. It would levy a 23.8% capital-gains tax rate on assets like stocks and bonds to compel roughly 700 billionaires to pay annual taxes on their gains, regardless of whether they sell their assets.

Sen. Joe Manchin of West Virginia imperiled the measure after criticizing it as both punitive to successful people and unworkable.

https://www.yahoo.com/news/donald-trump-bashes-democrats-billionaire-214212368.html

11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
TFG bashes Democrats' new billionaire-tax plan and suggests he might flee the US, but he'll 'stick (Original Post) Yo_Mama_Been_Loggin Oct 2021 OP
oh look it's trump yet again on DU nt msongs Oct 2021 #1
Assuming Trump isn't in prison, that alone makes the bill worth passing although we might Uncle Joe Oct 2021 #2
He's lying (he's always lying) dweller Oct 2021 #3
No Words Have Ever Been More Truthful Than Your Words wyn borkins Oct 2021 #5
He can go to North Korea and Joinfortmill Oct 2021 #4
LOL, like he's a billionaire. tanyev Oct 2021 #6
My first thought. Mr.Bill Oct 2021 #8
snark alert on: TFG can always go to Scotland. They love him there! (alert off) nt abqtommy Oct 2021 #7
TFG does not need to worry, this tax only applies to real billionaires and not pretend ones LetMyPeopleVote Oct 2021 #9
He can't leave the country gratuitous Oct 2021 #10
Let's see ... Straw Man Oct 2021 #11

Uncle Joe

(58,360 posts)
2. Assuming Trump isn't in prison, that alone makes the bill worth passing although we might
Wed Oct 27, 2021, 09:37 PM
Oct 2021

have to pay compensation to whichever nation becomes cursed with his presence.

Thanks for the thread Yo Mama Been Loggin.

wyn borkins

(1,109 posts)
5. No Words Have Ever Been More Truthful Than Your Words
Wed Oct 27, 2021, 09:46 PM
Oct 2021

"He's lying (he's always lying). He’s neither a billionaire, nor leaving, dammit."

Straw Man

(6,624 posts)
11. Let's see ...
Thu Oct 28, 2021, 04:31 AM
Oct 2021

Billionaires who are paying little or no taxes will leave the country if they are made to pay taxes? So the fuck what? You weren't contributing anyway, so who needs you? Buh-bye.

And lest anyone start talking about "job creators," just watch Shark Tank one time to see the ferocity with which the sharks insist that the start-ups must do all manufacturing overseas if they want any investment money.

Latest Discussions»General Discussion»TFG bashes Democrats' new...