Tax the rich, that is what Bernard Sanders said the other day. My understanding is that there are many a person in the United States who feel the same way.
Now I’m saying that really an attack on me, some one who’s net worth is less then $100,000 dollars. Some one who’s net worth half of that $100,000.
Some one who’s income is less then $100,000. So no I would not be taxed. Well if I would not be taxed how in the world am I proclaiming that the Democratic Socialist are picking on me?
Wellll I’m a retire with two pension and Social Security, Social Security will in all probability will be solvent but will pay me less then 80% that it pays me now. I:’m not saying that the Dem Socialist are attacking it, but I am saying that by insisting that the super rich are not very liquid but they have their wealth in assets, that they would in all probability sell some lessening the value of said assets. Now my pensions are put into these assets. The value of these assets would go down, thus the value of my pension would decrease. If this would to happen one can only hope and pray that the pensions, mine and others aren’t insolvent.
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Those who have their retirement tired to assets such as the stock market, possibly be worse off.
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