Talk of The Villages Florida - View Single Post - How blessed we are
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Old 12-27-2013, 01:20 PM
Villages PL Villages PL is offline
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Default Coming attractions:

A national wealth tax: Step one is to inform everyone about how unfair life is for 80 percent of the world's population, while highlighting the fact that 6% of Americans possess 59% of all the world's wealth. Did I get that right?

Check picture number 3 and read the first thing on the list in bold print. It says, "6 people would possess 59% of the wealth and they would all come from the U.S.A."

So don't be surprised if someone eventually proposes a national "wealth tax", "world wealth tax", or possibly both. It's coming. In case some of you don't know, or have forgotten, we had it in Florida, many years ago. It was called an "intangible tax". It was not a tax on earnings; it was a yearly tax on the value of all your stocks and bonds - a wealth tax.

It's fine to be happy about all of your blessings in life, and I am, but I'm also a realist.

Last edited by Villages PL; 12-27-2013 at 01:59 PM.