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U.S. Billionaires Are Now Begging For Wealth Tax To Help Bolster Economy, Including George Soros

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There’s a thought amongst many conservatives that liberalism is some sort of mental disorder akin to depression, anxiety, and other illness that negatively impact one’s psychological health.

After hearing what these U.S. billionaires, including progressive activist George Soros, are calling for, you might jump on board with that diagnosis too.

Apparently, these folks are demanding to be taxed at a higher rate in order to bolster the economy.

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The group — featuring 19 billionaires — penned and signed a letter addressed to candidates in the 2020 presidential election.

The letter calls on the government to increase taxes on the wealthy to positively impact the economy, provide tax relief for the low-income, student loan relief, clean energy, subsidized child care, infrastructure, and more.

The letter opens, “We are writing to call on all candidates for President, whether they are Republicans or Democrats, to support a moderate wealth tax on the fortunes of the richest 1/10 of the richest 1% of Americans — on us. The next dollar of new tax revenue should come from the most financially fortunate[.]”

The letter’s signatories also include filmmaker Abigail Disney and Facebook co-founder Chris Hughes. Other signees include Louise Bowditch, Robert Bowditch, Sean Eldridge, Stephen English, Agnes Gund, Catherine Gund, Nick Hanauer, Arnold Hiatt, Molly Munger, Regan Pritzker, Justin Rosenstein, Stephen Silberstein, Ian Simmons, Liesel Pritzker Simmons, Alexander Soros, and Anonymous.

Another snippet from the letter states, “America has a moral, ethical, and economic responsibility to tax our wealth more. Taking on this tax is the least we can do to strengthen the country we love. Instituting a wealth tax is in the interest of our republic.”

The tax could supposedly generate $3 trillion in revenue over the next 10 years.

The letter gave six reasons for the higher tax and the benefits it could have, which included using the money to fight the “climate crisis.”

Here are the remaining five:

A Wealth Tax Is an Economic Winner for America
A Wealth Tax Will Make Americans Healthier
A Wealth Tax Is Fair
A Wealth Tax Strengthens American Freedom and Democracy
A Wealth Tax Is Patriotic

For those who would like to have more ulcers in their lives, you can read the rest of the letter here.

These folks are absolutely insane if they think that the wealthy being taxed at higher rates will stimulate our economy. It might in the short term, but as always, the problem with liberal solutions to the pressing issues of the day is that they are only temporary benefits. In the long run, these kinds of policies and taxes will have much more of a negative impact and likely make things worse.

Higher taxation will always lead to a bump in the prices of goods and services because those who are being taxed more will need to make up for the lack of profit, thus passing the cost of said tax off to the consumer, which really means the wealth tax is a tax on regular, middle-class Americans who are taxed to death as it is.

The only solution to our current economic woes and ills is the free market, which is the only answer to the problem these people don’t want to explore.

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Meghan McCain Says Trump Admin Using West As ‘Slush Fund’ For Putin

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Meghan McCain, co-host of “The View,” is making some rather strange allegations against the Trump administration, claiming that she believes they are using their positions to create a “slush fund” for Russia and its president Vladimir Putin. Here’s more from The Washington Examiner: McCain, 35, made the comment during a brief moment on Monday’s show in which she addressed her presentation of the Magnitsky Award to Oleg Sentsov, who was imprisoned in Russia for coming out against Russia’s annexation of Crimea, last week. “I was at the Magnitsky Human Rights Awards in London, and Sergei Magnitsky was someone who found corruption in Russia, was subsequently tortured and killed because of it, and there is now an act that is in the United States, and we’re trying to make it expand globally where basically Russia can’t use the West and democracy for their dirty money, that they can’t launder it in countries that love and utilize democracy and freedom every single day,” she said. Before the show went to a commercial break, she added, “I believe there are people in the Trump administration that are trying to use the West as a slush fund for Vladimir Putin and Russia, and we cannot let it happen.” https://youtu.be/yCYam09arxU Russian attorney Natalia Veselnitskaya stated previously she discussed the reexamination of the Magnitsky law with President Trump’s son, Donald Trump Jr., here referenced by McCain, during a meeting that took place back at Trump Tower back in 2016 before Trump won the election.

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Navy SEAL From Bin Laden Raid Calls Out Biden For Saying Trump ‘Not Fit To Command’ Troops, Says ‘How Dare You’

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Former Navy SEAL Robert O’Neill, the man who claims to have killed radical Islamic terrorist Osama bin Laden, let it be known in no uncertain terms that he was not happy with a recent statement made by former Vice President Joe Biden stating President Trump is not fit to command U.S. troops. Biden posted up a tweet on Sunday about Trump’s decision to pardon three military members who had been accused or convicted of war crimes. The president cleared Army Special Forces Maj. Mathew Golsteyn and Army Lt. Clint Lorance and restored the rank of Navy SEAL Edward Gallagher. The list of crimes they had been charged with included killing a suspected Taliban bomb maker, taking photographs of an Islamic State fighter’s dead body, and killing two civilians. Here’s more from the Washington Examiner: Trump claimed he intervened because he wants Americans fighting overseas to have the “confidence to fight.” Biden claimed Trump’s decision “betrayed the rule of law” and those who fight honorably. O’Neill, who claims he was the SEAL responsible for killing Osama bin Laden, shot down the 2020 Democrat’s tweet by highlighting his own foreign policy flaws. He noted that Biden reportedly opposed the 2011 raid to kill bin Laden and that he announced SEAL Team 6 was responsible for the operation. https://twitter.com/JoeBiden/status/1196093459486191616 Many individuals think that Biden’s admission of SEAL Team 6’s involvement in the death of bin Laden put the team’s members in danger, including an attack on one of the team’s helicopters which resulted in the death of several individuals who participated in the raid. https://twitter.com/mchooyah/status/1196291215844495360 Lest anyone think O’Neill is a die-hard Trump supporter, it’s important to note he’s been critical of the commander-in-chief on many occasions, including the president’s call for a military parade, which he called “third world bulls***.”

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