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I suspect MSNBC won't be offer much more airtime
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I suspect MSNBC won't be offer much more airtime


Jan 30, 2019, 3:08 PM

https://www.realclearpolitics.com/video/2019/01/30/howard_schultz_im_a_billionaire_i_thought_that_was_the_american_dream.html

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Re: I suspect MSNBC won't be offer much more airtime


Jan 30, 2019, 3:39 PM

I think Shultz saw the 70% tax rate proposals and decided to stick up for his fellow billionaires.

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I'm asking because I don't know.


Jan 30, 2019, 3:57 PM

How many rich people actually make > $10M on W2 wages or other income streams that would be affected by a 70% marginal income tax?

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its all populist bluster***


Jan 30, 2019, 4:01 PM



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probably not many.


Jan 30, 2019, 4:03 PM [ in reply to I'm asking because I don't know. ]

When you job consists of opening the mail to check and see how much money your investments made, then you are probably not paying any on W2.

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I guess professional golfers would get screwed.


Jan 30, 2019, 4:09 PM

And Steph Curry. I'm fine with that.

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You got to hit capital gains if you want to pinch the rich


Jan 30, 2019, 5:24 PM [ in reply to I'm asking because I don't know. ]

I mean a CEO makes a $200,000 salary, which goes on his W2, then exercises $20,000,000 in stock options. Gets taxed at 40% on 200K and 15% on 20 mil. They base your capital gains tax rate on your income (that's the 200K).

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I don’t know much about his platform,


Jan 30, 2019, 3:54 PM

But I can’t say I’ve heard him say anything dumb yet. Mostly common sense stuff. It’s sad that a guy saying common sense things seemed unique to me. I’ll keep watching him.

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he's a capitalist


Jan 30, 2019, 4:00 PM

hence why he's no longer welcome in the Democrat party.

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Shultz, Trump, Bloomberg, Sayer....now the Billionaires


Jan 31, 2019, 1:12 PM

won't to be President....because they are billionaires.

330 Million Americans and we can't come up with better than someone's son, wife or a freaking billionaire to lead the country.

American's diefy wealth and the wealthy. I wonder if we just don't deserve this.

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You're looking at it from the wrong angle.


Jan 31, 2019, 1:15 PM

It takes a ton of money to win the presidency. That's the system we've now made for ourselves.

You can take Joe average, who would need to ess so much crooked dee and make so many promises to donors that he's compromised before he ever sets foot in the office, or someone who is already independently wealthy and is compromised only in a couple areas.

So look at the bright side!

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