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Comments by "" (@indonesiaamerica7050) on "President Biden: 'The Days Of Billion Dollar Companies Paying Zero In Taxes Is Over'" video.
They also conflate estimated valuations (AKA "capital") with income. No net income? No income taxes due. And if the minimum is 15%, then what is that a percentage of? Biden is just as dumb as Lizzie Warren. They don't know the difference between "wealth tax" doctrines and Federal income tax as the tax code is already written.
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It's not just that. It's not their money, first of all. Second, the "lost income" they're talking about exists only in theory. They want wealth taxes on everything. IOW, you must pay a percentage of your net estimated wealth, not a percentage of income. They're Communists. Communists allow wealth growth only in accordance with your "social credit" scoring. They're Stalinists.
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