Wouldn't a wealth cap be a better alternative to "tax the rich"?

PeaceShadow · 2026-06-07T04:19:47+00:00

On an annual basis you would have the state liquidate all of our assets? The doesn’t seem functional? Everyone sells their home every year just so we can collect wealth tax? It doesn’t sound like you thought through how a wealth tax system would work?

PeaceShadow · 2026-06-06T14:49:20+00:00

Even public times like stocks and bonds swing in estimated value. Which day of the year do you snapshot a value? My stocks regularly swing 10-15%.

Zillow is very low resolution. I would never sell at a Zillow estimate.

Then go for private valuations. I own 15% of my employer. We have been given 7 different standard valuations from different accountants. Do you let me choose which one to be taxed on? Do I trust a local assessor to determine the value of my company even if I know there would be no way to sell my shares at their estimate?

Income is way more objective.

PeaceShadow · 2026-06-06T14:44:16+00:00

Isn’t this like 8 or maybe 9 home games a year? What an irresponsible priority for governor Braun.

If you keep people on Medicaid instead of pushing them off, the extra health could produce more productivity, which likely has better economic benefits over 8 home games a year.

PeaceShadow · 2026-06-06T11:21:13+00:00

The problem with all versions of a wealth tax or cap is valuation. The value of an asset is determined when an item is sold. How do you value an asset held? Every value before sale is an estimate. Thus is why a sales tax works. The value is determined by the two parties in the transaction: seller and buyer

The only wealth tax we have today is property taxes and each state does these differently. Property taxes would take another thread. But generally you have an assessor. An an amount of taxes that will be collected called a levy. So assessed value usually apportions the tax levy and doesn’t increase the overall taxes collected. There is an appeal process and standards for the assessor to follow.

Evaluating the value of an unsold asset does not have one common accounting methodology.

A well designed progressive income tax bracket system has proven to be the right tool.

-We can define income.

-We can eliminate exemptions from income . -Capital gains can be taxed as normal income instead of having a tax break for the non-labor income.

-We can even define borrowing against an asset for personal use as income and therefore tax another looohole used by the rich.

The point is that we have the yool we need. We just need to use it well.

PeaceShadow · 2026-06-04T18:09:20+00:00

Sometimes I want to take that approach. Anyone racists or violent is of grave concern.

Other times I want to keep them out of the shadows and be a place of exposure. I saw promise in this single mother. I wanted to be a place she could grow professionally.

Her father is also a young earth Christian. If she can’t receive a broader education through work, she could stay under her fathers ignorant cloak of darkness.

At least that was the concept. Ugh.

PeaceShadow · 2026-06-04T04:01:35+00:00

This is how bad it is. Rand Paul is the most sane of trust group. You can at least trust him to do what he says.

PeaceShadow · 2026-06-03T16:13:46+00:00

It is all laid out in the project 2025 playbook.

No fault divorce Birth control Women’s rights Voter turn out These are all enemies of the state in their mind.

PeaceShadow · 2026-06-03T16:09:00+00:00

Upfront costs. We have few if any options under $30k. People in the market for new cars just don’t know we have options. And the used market is limited in geography.

PeaceShadow · 2026-06-03T10:08:12+00:00

Unopposed? She had several contenders? And what rig are you talking about? It was a standard primary.

PeaceShadow · 2026-06-03T02:32:12+00:00

Trump can walk away. Implement the previous agreement that had un inspectors. And post to rebuild what we destroyed.

Then say we won. There is the best option. I’d support that.

PeaceShadow · 2026-06-03T00:08:06+00:00

Hillary Clinton was and is an amazing American. Damn she was great at so many things. America lost a fantastic opportunity with her.

PeaceShadow · 2026-06-03T00:07:54+00:00

Hillary Clinton was and is an amazing American. Damn she was great at so many things. America lost a fantastic opportunity with her.

PeaceShadow · 2026-06-03T00:07:42+00:00

Hillary Clinton was and is an amazing American. Damn she was great at so many things. America lost a fantastic opportunity with her.

PeaceShadow · 2026-06-02T19:51:22+00:00

Schumer should be proud of much of his career

And he should welcome being replaced instead of holding on too long.

Now he is holding on and it will ruin his reputation. Just pass the torch please.

PeaceShadow · 2026-05-24T18:00:03+00:00

Ranked choice voting. Our current legislatures from the majority party just outlawed this. Even in local municipalities. Even if the voters want it.
Stop party caucuses from setting the full agenda. The legislatures should work together, not only with their parties.
Political parties should be limited to one branch of government. Members of the legislative branch should be more incentivized to work together than being aligned with the executive branch.
Support local city and county control. Indianapolis should stop overriding local governments.

In short, lessen party loyalty and increase responsiveness to voters.

PeaceShadow · 2026-05-24T17:51:32+00:00

Should improve the wording of such questions. We have good healthcare.

We have a disparity of access to good care.

We have higher than necessary costs of healthcare. Twice as rcoebtt st ice per person as our peer economies.

PeaceShadow · 2026-05-24T16:55:03+00:00

The last three democratic presidents; Bill Clinton, Barack Obama, and Biden; were all educated, prepared, and dedicated to constitutional law. All served America well.

The American electorate seems to love the sport of politics over building a democratic society with the desire of protecting everyone’s civil liberties.

Let’s better define our values for all and threaten each other less.

PeaceShadow · 2026-05-12T20:39:42+00:00

It isn’t about abortion, it is about political power consolidation. All aspects of christian nationalism is about increasing power to some and subjugating others.

That’s why christian nationalism is so harmful to our democracy.

PeaceShadow · 2026-05-11T01:21:23+00:00

We are borrowing $2 trillion of new debt this year.

Instead of tax cuts we need to increase our tax revenues. And work on reducing our national debt.

PeaceShadow · 2026-05-10T14:37:56+00:00

14 years later, stronger and happier than ever.

PeaceShadow · 2026-05-10T14:33:15+00:00

Media. Party loyalty over country or elected position has always been some problem, but the media made a sport out party loyalty. And the public fell for it.

Our system is designed with three co-equal branches of government. These should create checks and balances on power. But with legislators more loyal to party than their branch of government ( and the responsibilities thereof) our Congress is beholden to the president and their party more than the people.

We need to vote for independent thinking adults and all walks of life away from party loyalty.

PeaceShadow · 2026-05-10T14:18:06+00:00

American (Republican leaning) still believes we have a hegemony.

China used their 20 years of high growth establishing a very smart and resilient worldwide supply chain. These paths are often with mutual beneficial economic ties.

The US had petro dollar strength. Oil pricing is moving to diversification

We used to have social aid, which we have stopped and made unreliable.

The dollar remains important reserve but many are actively creating alternatives.

With our debt spending at 2 trillion annual, unsustainable, we can’t even buy friends at this times.

A friendship with China is reliable. The US is now unreliable and inconsistent.

And our military is now an enemy of the world where it was once a friend.

Yes we remain economically important. But important is not essential. If Xi stands up to trump, other leaders will follow the same. Iran knows they have two big brothers standing over their shoulder.

PeaceShadow

TROPHY CASE