Arguing with Idiots, Part 2

Then we moved on to landlords. The left claims that, if landlords were prohibited, they would have to sell their homes, and housing prices would fall. Therefore, eliminate landlords, and everyone can afford a house.

My reply? OK, that’s the first year. What happens next year when no homes are built because prices are too low to make it profitable to build? This is no different than the “tax all billionaires out of existence, give their money away, and we can all be rich.”

If you taxed every billionaire, just confiscated 100% of their wealth over $1 billion, here is the math:

~900 billionaires, who have a combined net worth of about $8.2 trillion. So we take everything over $999 million. That’s about $7.3 trillion we can distribute. Each person in the US would now get $20,000 plus or minus.

Only now all of those companies are gone- Domino Sugar, Tesla, Facebook, Amazon, Meta, WalMart, Nike, M&M Mars, Hershey Co., Redbull, Keurig, ChikFilA, Subway, Tyson Foods, Archer Daniels Midway, thousands of companies. Essentially all of the large and mid cap businesses will be wiped out. All out of business because they needed to be liquidated to pay for the confiscation.

In all, about 60 million people just lost their jobs as billionaires liquidated to settle their tax bills.

Now what do you do next year?

Taxing billionaires, destroying landlords, killing your economic engine is the equivalent to eating all of your egg laying chickens, making flour out of your seed corn. Sure you eat well today, but your tomorrows will be lean and hungry.

Your leftist is a child-like moron with little concept of economics or money. To them, someone with money is someone to be robbed without regard for what disruptions the robbery will actually cause.

Tiring

One of the leftist claims going around sounds like this:

Buying and selling is NOT capitalism. That’s trade. Capitalism is an employee generating $1,000 of value an hour but being paid $16.

I reply that an employee selling $1000 of merchandise isn’t the same thing as generating revenue.

An employee doesn’t generate $1000 of value in an hour. Let’s say that employee works at an Apple store. That employee is the clerk who sells a $1000 phone. Did that employee generate $1000 in value? No.

That phone had value when it came into the store. The store had overhead and value.

The owner of that store provided the phone, the store, its operating expenses, the taxes, and the insurance. I point this out, and get this in return:

Awwww did someone never take a business or finance class? Is it hard being so stupid?

It just gets so tedious. Aren’t we at the stage yet where we can toss commies out of helicopters?

Do You See Where This is Headed?

They are “othering” the right so they can justify what they are about to do. Look, my wife and I made a quarter million last year. They already took more than a quarter of what I made through taxes, and that isn’t enough. It’s coming, and things are going to get ugly as hell.

I’ve been warning my readers for 6 years that this is a communist takeover in the making. I’ve been telling you to prep. They are coming. Trump was only a speedbump.

Violence

The left is turning up the heat because it’s an election year, because of course they are.

This is what they are using to justify committing violent acts. They want you to submit or die.

Lowering the Bar

Remember when the left wanted to tax the rich? In liberal states, they are redefining rich downward– anyone making $125,000 a year will be taxed a state rate of 9.9% in Oregon. New York is going after those who make more than $125,000. Washington is adding wealth taxes to an ever lower amount of income.

Now they are even talking about stealing 5% of someone’s total net worth- on top of all of the other taxes.

Here is what Peter Schiff had to say about that, and it’s one of my favorite quotes:

If you tax 70% of what I make above a certain amount, what I am going to do once I hit that amount is simply take the rest of the year off, and furlough all of my employees. See you in February.

51 Days

Mayor of New York Mamdani was elected with Socialist promises of free ice cream and a socialist utopia, with a solemn promise of making the rich pay for it. It only took 51 days for him to float the first tax increase on people who aren’t rich.

“This would effectively be a tax on working and middle class New Yorkers, who have a median income of $122,000,” he said

That amount of money is not much in New York. The people making $122k isn’t a lot of money. The proposed tax hike? A 9.5% increase in property taxes. This is why I keep saying New Yorkers need to stay there, and stop moving to Florida where they vote for more of the same policies that made them come here in the first place.

This Is Bad

Freedom loving Americans are getting their asses kicked by the Communists. I’ve been warning my readers for nearly 6 years of the coordination, the funding, and the training being displayed by the left. Their C3 and intel is equal to a professional army.

What does the right have? A bunch of uncoordinated people with guns. I just dont think that’s enough. The right needs to get all of its shit in one sock, or they are gonna get rolled.

7 Hours

Most would focus on the headline: A protester in Florida was struck by a car while blocking the road. That isn’t the story, as far as I am concerned. The real story is the answer to these questions:

A protest was organized, signs were made, and there were press releases about the planned protest, all in less than 7 hours in response to an event that happened over 1200 miles away. How are they this organized, and who is paying for it?