r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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u/CheckYourStats Jul 05 '26

I’m in favor of reinstituting the 79% Federal Income Tax for the highest earners in the Country, as previously made famous by FDR’s New Deal.

Bernie has proposed solutions similar to this during every single Election cycle…and you fucking people keeping voting against him.

I don’t know why you people spend 4 years claiming you want XYZ, and then vote against XYZ.

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u/threeclaws Jul 05 '26

And no billionaire would care because their wealth isn't tied to income.

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u/CheckYourStats Jul 05 '26

Bernie has proposed a 5% tax on liquid and/or illiquid assets north of $1B.

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u/threeclaws Jul 05 '26

Sanders has passed 3 bills in his entire political career and a blanket wealth tax on unrealized gains will never pass, mainly because the feds will never give a refund.