De Blasio on his plan to ‘tax the hell’ out of the wealthy

Posted by


TO TAX THE RICH IN THE LAST DEBATE. IN FACT HE MADE IT INTO THE WEBSITE. I WOULD VENTURE THAT A MAJORITY OF THE PANELISTS HERE WOULD BE AGAINST YOU ON THAT, MR. MAYOR, I WANT TO GIVE YOU A FORUM TO MAKE YOUR CASE. WHY DO WE NEED TO TAX THE HELL OUT OF THE RICH?>>THANK YOU FOR THAT. THANKS FOR THE OPPORTUNITY TO BE WITH YOU. I WANT EVERYBODY TO LOOK AT THE DETAILS OF THE PLAN AT TAX THE HELL.COM. IT IS A WEBSITE. IT IS PROVOCATIVE ON PURPOSE. FOR 40 YEARS, THE PEOPLE IN THIS COUNTRY, MIDDLE CLASS PEOPLE, WORKING CLASS PEOPLE, HAVE BEEN EITHER STUCK ECONOMICALLY OR GOING BACKWARDS. THAT’S THE LARGER TRUTH TO WHAT WE EXPERIENCED. I GO TO IOWA, MANY STATES, PEOPLE ARE TALKING ABOUT THEIR FRUSTRATION AND CONCERN THE NEXT GENERATION IS GOING TO DO WORSE THAN THEY DID. PART OF WHAT WE NEED TO ADDRESS IS THE REALITY IS SMALL NUMBER OF PEOPLE HAVE GOTTEN RICHER AND RICHER, PAYING LESS AND LESS IN TAXES. DAVID: THAT’S IN DOLLAR TERMS NOT IN PERCENT, BECAUSE THE TOP 1% PAY ABOUT 37% OF ALL INCOME TAXES.>>SO THIS GETS TO THE ESSENCE OF MY POINT. YOU’RE COMPARING RECENT YEARS. I’M COMPARING AMERICAN HISTORY GOING BACK A LITTLE BIT FARTHER TO THE TIME OF JOHN K. KENNEDY AND DWIGHT EISENHOWER, WHEN WE HAD A MUCH HIGHER MARGINAL TAX RATE FOR WEALTHY FOLKS. HONESTLY IT WAS A TIME WHEN THIS COUNTRY WAS WORKING FOR MIDDLE CLASS PEOPLE AND WORKING CLASS PEOPLE MUCH MORE EFFECTIVELY IN A FAIR WAY. THE FEDERAL GOVERNMENT HAD THE RESOURCES TO INVEST IN INFRASTRUCTURE. IT WAS A TIME OF GREAT INFRASTRUCTURE DEVELOPMENT, RESEARCH, SCIENCE. IT WAS A TIME WHEN THE AMERICAN ECONOMY WAS BOOMING AND GROWING AND THERE WAS RELATIVE SHARED PROSPERITY. I THINK THERE’S A DIRECT CORRELATION TO HAVING THE KIND OF TAX LEVEL THAT GIVES THE FEDERAL GOVERNMENT THAT OPPORTUNITY. ONE MORE THING, I’M SOMEONE WHO BELIEVES ONE OF THE FIRST THINGS THE DEMOCRATS SHOULD DO IN THE WHITE HOUSE IS REPEAL THOSE TAX TRUMP CUTS — EXCUSE ME, THOSE TRUMP TAX CUTS FOR THE WEALTHY AND CORPORATIONS AND RESTORE THE DEDUCTION WHICH I THINK WAS A MATTER OF FAIRNESS FOR OVER HUNDRED YEARS FOR PEOPLE IN THIS COUNTRY. I THINK IT NEEDS TO BE BROUGHT BACK.>>MAYOR, IT IS CAROL ROTH. BUILDING ON THAT, YOU SAID THINGS LIKE THERE’S PLENTY OF MONEY IN THIS COUNTRY BUT IT’S IN WRONG HANDS, WHETHER IT’S OPRAH, JEFF BEZOS OR A SMALL BUSINESS OWNER THAT’S BUILT UP THE EQUITY OF HIS OR HER BUSINESS OVER DECADES AND DECADES, WHAT IS IT THAT YOU THINK GIVES THE GOVERNMENT THE RIGHT TO DEMONIZE THAT SUCCESS, TO TAKE AWAY THAT MONEY, AND TO GIVE IT TO SOMEBODY ELSE WHO DOESN’T EARN IT?>>WELL, HONESTLY, I BELIEVE THERE’S NOTHING DEMONIZING ABOUT MAKING SURE THERE’S FAIRNESS. LOOK, WE HAVE GOT A COUNTRY RIGHT NOW WHERE FOR A HUGE PART OF OUR POPULATION, IT IS NOT WORKING THE WAY IT USED TO. I’M SOMEONE WHO ACTUALLY BELIEVES IN AN AMERICAN DREAM WHERE PROSPERITY IS SHARED, WHERE THERE’S AN OPPORTUNITY FOR A HUGE HUGE NUMBER OF AMERICANS TO GET AHEAD AND TO MAKE THE NEXT GENERATION HAVE EVEN GREATER OPPORTUNITY. WE DON’T SEE THAT NOW. ONE OF THE REASONS IS THE CONCENTRATION OF WEALTH AND POWER IN THE HANDS OF THE FEW. WE’RE NOT TALKING ABOUT SMALL BUSINESS OWNERS. WE’RE TALKING ABOUT THE SUPER RICH. AND FOR THEM, WE HAVE TO BE CLEAR IN MY VIEW, IT’S TIME TO PAY YOUR FAIR SHARE OF TAXES. THAT TAX RATE’S BEEN GOING DOWN AND DOWN AND DOWN. THE FEDERAL GOVERNMENT HAS HELPED THEM TO ACCUMULATE THAT WEALTH. I THINK THE VAST MAJORITY OF AMERICAN PEOPLE, INCLUDING A LOT OF REPUBLICANS, INDEPENDENTS,

36 comments

  1. This is the guy who wants to bring affirmative action back to school only because asians are dominating in NYC. So when the system is not working for white people, it must be broken huh ?! Democrats………..

  2. Tax the rich. Once the government gets the money, I'm sure everyone will get a big fat check in the mail ….
    NOT!!! The politicians will divide up the loot among themselves and their cronies, just like in every socialist country.
    They won't siphon off 100% because that would be too obvious. It will be more like 80/20 or 70/30.

  3. De Blasio thinks his job, and the job of government is to be like Robin Hood…it's sad when bureaucrats think government can do a better job with your money than the owner of that money. Truly tyrannical nonsense.

  4. Then all the wealthy can go move to another state and New York will have even less money than before. Great plan, moron.

  5. What a joke….. gtfo comrade butthole…. no idea what you're talking about and all he will do is further bankrupt our REPUBLIC!!!! WWG1WGA

  6. De Blasio: These 🤡 Will never become the United States President. He can't even protect his Police officers, what make him think that he can protect our country! What a joke with that freaking🤡👹

  7. So he wants to punish people for doing well? I don't suppose he ever considers that it's the wealthy who build business and employee people?

  8. He's worth over 145 million dollars. We all know this is,t going to happen it's still going to be the middle class he's going to tax the hell out of. If a democrat gets in the white house the middle class will fall

  9. this guy is corrupt..his wife blew through a billion dollars of tax money with nothing to show for it…big bird deblasio

  10. Yeah go ahead text the s*** out of them. Didn't there goes all the f**** Jobs Here Comes all done employment welfare checks yay

  11. When a leftist FOOL talks about historical “Marginal” rates they are playing you because what is actually paid are Effective rates! Marginal rates mean nothing and effective rates is what people actually pay! Why were none of the Fox pundits astute enough to point this out! So frustrating!

  12. What about all of his money, or is it like the SOCIALIST norm that they keep their money and tax the HELL out of the middle class and the 1% so the millineals, SJW'sand the SNOWFLAKES csn lay up and live off EVERYONE working until everything collapse like the rest of the SOCIALIST countries.

  13. The rich flee, everyone else starves, just like EVERY other socialist and communist country ever to have existed. No thanks. Time to fire up the helicopters.

  14. How about cutting the tax and red tape for the middle class…how does taxing the super rich more affect the middle class anyways?

  15. He's pretty much trolling people because he knows he has no chance at winning but I truly hate this guy. Worst part is New Yorkers are stupid and they'll vote for another Democrat after his time is up

Leave a Reply

Your email address will not be published. Required fields are marked *