Warren buys full page ad in Adelson's NV newspaper showing how much wealth tax he'll pay

[Rabrrrrrr]

18. It smacks a little bit of "Vote for me, and your state gets $2.3 billion!"-ism

which makes me wary.

[and please note: this is not an anti-Warren post - I really like her - I just don't like the implicit bribery in this ad.

and I also gotta wonder: has she actually considered how the wealthy are going to pay this "wealth" tax, especially those for whom the majority of their wealth is the stock value of the company they started? Is fair to make someone give up a portion of their creation, or to potentially give up their majority share and thus end up no longer being in control of their creation? I'm not at all convinced that it's fair. Bring back the inheritance tax and make it more punitive than it was before; and get rid of capital gains taxes and just tax all gains as straight up income - that's a much better option that stripping off some random percent of everyone's wealth every year]