Look, I think you should be able to be a billionaire if you can earn it, but just pay your fair share. I think you ought to pay a minimum tax of 25%. It’s about basic fairness.
@POTUS I paid 53% taxes on my Tesla stock options (40% Federal & 13% state), so I must be lifting the average! I also paid more income tax than anyone ever in the history of Earth for 2021 and will do that again in 2022. @CommunityNotes, is the 3% number cited above accurate?
@POTUS Agreed! Why the hell does anyone need that much money anyway?
@POTUS @GoldeyLarry no "billionaire" ever "earned" that much money - they got it through exploiting the labor of a whole lot of people - we should have a society with no billionaires, no beggars, and everybody able to make a decent standard of living
@POTUS @JohnAStewart7 There's no such thing as earning a billion dollars There is only exploiting your workers by not paying them their fair share, depriving them of healthcare or other deprivations such as refusing to turn on the AC in the heat and relying on a fleet of ambulances for heat strokes.
@POTUS We'll settle for clawing back all your Biden Crime Family 10% cuts first...
@POTUS The top 1 percent of taxpayers (AGI of $548,336 and above) paid the highest income tax rate 25.99% In all, the top 1 percent of taxpayers accounted for more than the bottom 90 percent combined. Top 1 percent of taxpayers paid $723 billion, bottom 90 percent paid $450 billion.
@POTUS The @FairTaxOfficial is only 23%. Just sayin….
@POTUS Billionaires should not exist. Their existence is a failure of global tax policy.