The problem with those one-time taxes is that no one guarantees that there won't be another "one-time tax" in the future, the same way as some "temporary" tax increases became permanent tax increases.
On the other hand, I think that perspective applies not only to American millionaires, but generally throughout the world. Hollywood has a lot to do with painting that view.
Topic: Exclusive Tax Proposals On American Billionaires - page 3. (Read 522 times)
You should note that the tax proposals were made by American politicians, so this isn't a unfair treatment by the global market, but the effect of the Robin hood style act proposed by the senators involved; Bernie Sanders, Ed Markey, and Kirsten Gillibrand and could likely be a public front to support their political agendas.
This is not indicative of any prejudice towards American billionaires (which is ranked no.1 on the list) or a more receptive economic environment for the rich in other countries, we actually have a high number on the rich list leaving China and other areas with high political manipulation of the nation's market.
Tax hikes also affects a bulk of the population and unionization helps protects the workers in cooperations, reason why some work houses are set up in areas where labour is cheap. Rather than seeing this as an attack, I think it should be established in many more countries
This is not indicative of any prejudice towards American billionaires (which is ranked no.1 on the list) or a more receptive economic environment for the rich in other countries, we actually have a high number on the rich list leaving China and other areas with high political manipulation of the nation's market.
Tax hikes also affects a bulk of the population and unionization helps protects the workers in cooperations, reason why some work houses are set up in areas where labour is cheap. Rather than seeing this as an attack, I think it should be established in many more countries
Sen. Sanders proposes one-time tax that would cost Bezos $42.8 billion, Musk $27.5 billion
Source: https://www.cnbc.com/2020/08/06/sanders-billionaire-tax-bill-would-cost-bezos-musk-zuckerberg.html
....
Isn't it strange how chinese billionaires, EU billionaires and asian billionaires are not attacked this way.
Only billionaires responsible for creating jobs and innovation in the american economy are attacked.
The same precedent applies to anti trust laws and monopolies. American corporations are exclusively targeted by them. Unionization and tax hikes on the private sector likewise reserved for american business only. Journalists and media publish a highly disproportionate amount of hate pieces intended to influence the public into hating Elon Musk and Jeff Bezos. Why.
The question is why. Does anyone have an explanation for american business being treated unfairly in global markets. What does everyone think.
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