On Tue, Nov 2, 2021, 2:06 AM grarpamp <[1]grarpamp@gmail.com> wrote:

     > Joe Biden's "Eat The Rich" Coming To Bite You
     "
         First, these taxes will not stay on the super-rich, they will
     morph into a system that works its way downward to the
     upper-middle-class.
         Second, the super-rich will avoid such a tax like the plague and
     shape any legislation to avoid affecting them. The super-rich
     employs
     an army of pencil pushers and experts with only one intention and
     that
     is to exploit loopholes in the tax code.
     "
     If you think these entirely new forms of taxation will only
     apply to even just the middle, you are not thinking
     at all, nor have you read history which proves the
     path of all such governments and kings... it is to steal
     from everyone they can, and do with it as they please,
     which has again in history, never been your best interests.

   Sure that happens eventually, but is it legally possible with _this
   legislation_?
   Small bites eat away at stuff.
   Sure, governments hurt people, but if the wealthiest people even _lend_
   their money instead of e.g. stockpiling it in elephant tusks, it
   spreads the power out more.
   The things you say make it look like this law is a good idea.  I
   haven't learned of it via any other channels.
   Support this law you look like you're being forced to pretend to
   badmouth that is obviously good for all political viewpoints, and tell
   me what laws I wouldn't usually support that I should be, so we can
   work together.
   ---
   Anyway, if you buy cryptocurrency you can use monero to hide from
   wealth taxes.  Most nations don't have a formal wealth tax, but
   contrariwise most wealthy people do get robbed in some way or at some
   point or another, when their wealth is visible.

References

   1. mailto:grarpamp@gmail.com