Discover and read the best of Twitter Threads about #taxtherich

Most recents (24)

Amazing @janemayer story at @CapTimes IdeasFest where she reveals that Greg Koch told her in 2010 that his Dad was on the Hindenburg.

“Really, why was he on the Hindenburg?”

“Because he had business with Germany.”

Nazi Germany, that is.

#wiunion #wipolitics #Resist
Good question from Maraniss: “Why doesn’t the left have their own Kochs?”

@janemayer - “They got complacent and didn’t think these guys in Wichita were a threat.”

She says @davidaxelrod DIDN’T KNOW WHO THEY WERE in 2010. DC Dems still shrug today.

#wiunion #Resist #January6th
Mayer brings up Powell Memo, which said that corporations had to take over the courts, the pulpits, the colleges and universities, and create “think tanks” to sell the BS.

Their alt universe must be smashed.

#wiunion #wipolitics #Resist
Read 6 tweets
@dmesg @Mikethejohnson @jejones3141 @antoniogm Link and a thread... the link:

The thread:

This is a significant illustration of how money REALLY works. In the video it says that the Pullman Porters lifted their own standard of living and that of their community. But how? 1/
@dmesg @Mikethejohnson @jejones3141 @antoniogm They spent money in their community, buying goods and contracting services. In order to meet their needs, more people had to hired, and more inventory had to be created. Those new hires bought goods and contracted for services, creating MORE jobs and MORE inventory, 2/
@dmesg @Mikethejohnson @jejones3141 @antoniogm and MORE WEALTH IN THE COMMUNITY. This money was passed through many sets of hands on its inevitable way to the pockets of the wealthy and the businesses they owned.

That's what happens when a society decides deliberately to put money in the hands of folks 3/
Read 10 tweets
As someone who opposes Islamophobia, why should I vote strategically for a party that drafted a dog-whistle bill around it or that voted for it, over the NDP who didn't?

#Islamophobia #Elxn44 #cdnpoli
As someone who supports labour organizing, why would I vote strategically for a party who doesn't want to strengthen labour laws to support workers during strikes and lockouts, when the NDP does?

#canlab #strike #Elxn44
As someone who wants trade deals that are good for Canada and Canadian workers and don't contain harmful ISDs and respect our sovereignty, why would I vote strategically for any party who undermines that? #trade #cdnecon #Elxn2021
Read 17 tweets
Toxic wildfire smoke every day all summer long in Calgary is only the tip of the iceberg.

BC is on fire. Greece is on fire.
California is on fire.

And capitalists complain about changing the economy because they like making money from fossil fuels?

#ClimateCrisis #TaxTheRich
Canada dragged its feet for years on doing anything about the #ClimateCrisis. The Conservative government obstructed actio by sabotaging research, muzzling scientists, and destroying records.

#ableg #cdnpoli
Alberta finally gets a government that recognizes the economic costs of climate change & takes its first baby steps towards action.

The ruling business lobby groups throw a fit & throw all they can into supporting a fascist from Ottawa to rescue them.…
Read 14 tweets
.@TaylorMadeYYC’s protest in front of the courthouse isn’t getting the attention it deserves. Racism & police brutality are real problems here.

& she’s absolutely right that @cityofcalgary lacks the services required to deal with poverty.

I wwas able to visit the courthouse yesterday to help hold signs. I try to be a good ally, but there’s still a lot of things that I’m a bit ignorant about. Thanks for taking the time to educate me about some of that stuff, @TaylorMadeYYC.
If you’re wondering what the courthouse protest is about;

Dalia Kafi, the woman who was assaulted by on-duty Calgary police officer Const. Alex Dunn in 2017, died in late June, just a few days before Dunn’s sentencing.

Dunn was not fired. #yyc…
Read 23 tweets
Yo aprecio mucho a mi amigo Victor, pero le recomiendo encarecidamente no publicar hilos como este, hablando de desigualdad, sin meterse a los microdatos.

Muchas generalizaciones sin saber quién gana y quién pierde en redistribución.

Veamos un par de cosas:
(Además, extrañamente señala el análisis de otro buen colega que salió ayer, y no lo que sacamos hace una semana y plantea la misma idea: "Se podría decir que, en este sexenio, los pobres van al final, no “primero”.

Los datos lo confirman, no hay duda.)
Entonces, te ayudamos Vic!

Efectivamente, aumentó la masa monetaria de Pensiones y jubilaciones (mal llamadas contributivas).

Pero 1) el 50% del aumento se fue al 10% más rico, y sólo 4% al más pobre, 2) aumento más cobertura en hogares de "ingresos altos" y 3) es muy regresivo
Read 13 tweets
When The Hill tries to cover the Seattle Mayoral race from DC, I don't have high expectations. But this was even worse than I expected.…
The central premise is that Seattle progressives are uncompromising and have gone too far somehow.
The evidence is muddled. I guess Durkan deciding to retire reflects poorly on progressives or something: "Now Durkan is retiring after just a single term in office, a remarkably swift end to what had appeared to be a promising political career."
Read 16 tweets
Miau. Hablemos de programas sociales durante el gobierno actual.

Todo el mundo lo dice (amigos y enemigos del gobierno): Que la política social prioriza a "los pobres" y es la más grande de la historia.

Nada más lejano de la realidad.
Previo: los programas sociales de sexenios pasados eran malos y por eso los criticamos muy duro y acá pueden leer de eso:…………
Pero criticar la política social neoliberal del pasado no implica que la actual sea distinta: los prog. sociales del sexenio actual no son parte de una “nueva política social”, sino que son la continuación de un paradigma, con algunos avances y retrocesos:
Read 31 tweets
"The first debate of Edmonton’s mayoral election was a spirited affair, featuring a current of combativeness, a no-show candidate and plenty of ideas on how to invigorate the city’s beleaguered economy. "

& it was a secret.

#yeg #yegcc #yegvotes…
The secret event was presented by @kv_capital, and sponsored by @lloydsadd + @NavacordInc, and moderated by @EdmontonChamber president, @JeffreySundquis.

How very business....

archive of the event page here:…

#yeg #yegcc
"To their credit, the company did eventually provide Postmedia a link to a video recording of the debate...."

I wonder if the link to the video will be made available to the general public?

An article about the video is here:…
Read 12 tweets
Re: #TaxTheRich, what happens if an executive and large shareholder of a publicly traded company sells stock in order to invest in another company? Capital gains tax is paid, yes? Also a portion to payroll taxes for the company/employees. Know a good writeup? Asking for a friend.
There's the concept of a Luxury tax, but then also there's this:…
Many of the wealthy who are vilified for their massive net worth, derive most of that wealth from holding a large percentage of a publicly-traded company (usually, that they created). Vanguard and Blackrock (iShares) — in many 401Ks — own as much Amazon stock as Bezos does. 3/
Read 10 tweets
Some subway system ya got there. This is the 157th St. 1 line right now. @NYCMayor @BilldeBlasio
Potato sack race approach
And…an attempt.
Read 7 tweets
Readers of NYT Magazine are learning that progressives who won in 2018 and 2020 helped a bountiful state budget that through the #TaxTheRich campaign finally invested in working people. This is what @NYGovCuomo and the @NYDems machine blocked for a decade…
New York City is recovering beautifully but my sense of justice can't let go that the outgoing @NYCMayor's persistent failure to effectively advocate for city revenue in Albany got bailed out this year. @BilldeBlasio is a horrible manager but open streets are working despite him.
There's just no justice in this world that Manhattan condo buyers are strolling through open streets and enjoying outdoor drinks on sidewalks this weekend after de Blasio was AWOL on city planning reform and safe streets for the past 8 yrs. (Ask groups!)…
Read 4 tweets
Today, thanks to reporting from @propublica, the public is now able to see how the ultrarich avoid paying their fair share of taxes by exploiting loopholes and escaping scrutiny from federal auditors. It’s time for a #WealthTax. It’s time to #TaxTheRich.…
Here's how absurdly unfair our current tax system is. #TaxTheRich
When @propublica calculated Jeff Bezos' true tax rate, it revealed that he only paid a 1.1% tax rate between 2006 - 2018 when his wealth increased by $127 billion. #TaxTheRich
Read 4 tweets
Miau. Otra vez hasta que nos cansemos: la sociedad en México no se divide entre “quienes pagan impuestos” y “quienes reciben subsidios”. Esa afirmación no sólo es clasista. Es ignorante de la realidad y difunde falsa información.

Va 🧵
1. En México TODAS LAS PERSONAS PAGAN IMPUESTOS: De hecho, en México el 10% más pobre dedica al menos 9% de sus ingresos al pago de impuestos. Todas pagan, al menos IVA, aunque algunas (en muchas ocasiones los más ricos) tienen privilegios o estrategias para deducir su pago...
...en ocasiones.

Se acusa a negocios informales de no pagar ISR, pero en muchas ocasiones tienen que pagar licencias u otras contribuciones por poder hacer sus ventas, y tampoco pueden acreditar IVA.
Read 18 tweets
Meet Matthew Offord MP

* "Christian" #ToryLiar
* Voted against #FreeSchoolMeals
* Voted against #TaxTheRich
* Voted against #GayRights
* Voted against #Equality
* Voted against #ClimateAction
* Voted For #BrexitDisaster
* Calls Jewish People #AntiSemitic

#IStandWithAlexeiSayle Matthew Offord Called Alexei Sayle 'Anti Semitic'
Hendon MP Mathew Offord has written to the Director-General of the BBC to demand he stop the broadcast of Desert Island Discs featuring Alexei Sayle, scheduled for this Sunday, saying every broadcaster “should be wary of giving a platform to anyone who is seen to be excusing..
.. antisemitism"

The problem is that Matthew Offord is "Christian" and the person he is accusing, Alexei Sayle is Jewish.

He says "I love being Jewish.. I'm anti-establishment.. there's nothing more 'establishment' that hatred of Jeremy Corbyn"

Read 11 tweets
Miau. Otra vez ganó Chile ❤️😻🇨🇱

Ahora llegó a un gran triunfo de la izquierda en la elección de la Convención Institucional (quienes aprobarán nueva Constitución).

La derecha sólo alcanzó 21% de votos, y no tendrán poder suficiente para vetar cambios en texto...
constitucional (se aprueban con 2/3).

Lo que empezó con protestas de mujeres jóvenes en 2019...
Y cuyo estallido social llevo a 80% votando a favor de una nueva Constitución en octubre pasado para tirar la de Pinochet...
Read 10 tweets
Miau. Le corregimos la caricatura a este señor.

La misión de los ricos (y quienes los defienden) es intentar que creamos que llegaron ahí por mérito propio.

La evidencia muestra que no es eso.


Va 🧵🥰… 👈

El mito de la meritocracia se sostiene con “anécdotas legendarias” que buscan vencer la realidad de las estadísticas.

A partir de tatuar esta narrativa en la mente de la mayoría de la población, la extrema desigualdad de la sociedad queda legitimada.
Tal legitimidad discursiva reproduce la desigualdad, garantiza el funcionamiento de las relaciones sociales a pesar de la amplitud de las brechas y, en términos muy sencillos, evita que las personas que no tienen nada, vayan a tomar por la fuerza la riqueza de aquellos que...
Read 10 tweets
Miau. Dice @SergioSarmiento que la desigualdad no importa, que lo que importa es la pobreza. Que criticar la desigualdad es cosa de personas envidiosas

Siempre nos hacen volver a este tema, pero no tenemos de otra...
Sí, la pobreza es muy importante en las sociedad.

Pero además de eso, la desigualdad también lo es por, al menos, las siguientes tres razones:
1. Mayor desigualdad implica menor crecimiento económico (para los interesados sólo en cuestiones de PIB y desempeño global de economías). La “economía del goteo”, no se da en México, ni en el mundo.
Read 11 tweets
El incremento de desigualdad en México durante 2020:

Ingresos de trabajadores: Cayeron en promedio hasta 19%.

Riqueza de multimillonarios mexicanos: aumentó 29%, equivalente a 765 mil millones de pesos.
De 36 multimillonarios, durante la crisis sólo disminuyó la riqueza de 2, es decir 5.5%.

En cambio, durante el punto más álgido de la crisis, 6 de cada 10 trabajadores reportaban disminución en sus ingresos.
Miau. Después de una pausita forzada, volvimos otra vez. Y no podía ser de otra manera: denunciando el enriquecimiento extremo de los multimillonarios mexicanos durante el año pasado, a la vez que bajaban los ingresos de los trabajadores por la crisis económica y sanitaria.
Read 9 tweets
.@LindaMcQuaig's piece for @TorontoStar debunks some of the most facile arguments against a #wealthtax. THREAD:
1. A wealth tax is foreign to Canada
Canada already has this: The property tax, imposed on almost all wealth held by low/middle income Canadians-their homes. A wealth tax extends this tax to include other forms of property above $20M, like stocks/bonds-mostly held by the wealthy
2. A wealth tax hasn't worked in other countries.
"Wealth taxes in many European countries were badly designed. They had low thresholds, so they taxed many people who were not ultra-rich, just well-off. Today’s proposed wealth taxes only target those who are undeniably wealthy."
Read 9 tweets
2/ In 2013, only a year after graduating from college, ready to head to law school, I found myself in a NYC homeless shelter, instead of cramming for the LSAT; and there, surrounded by dozens of Black people, I realized a horrific truth: Homelessness is racist, and the same…
3/ …parts that led to the murder of Trayvon or a George Floyd, were the same parts that had Black New Yorkers homeless by the tens-of-thousands.
Read 26 tweets
This has to be the most racist piece of drivel I have ever seen in my life! Conrad Black is absolutely off his rocker.… via @GoogleNews
Mr. Black failed to know that Indigenous people had International trade since 10th century at least.
This artwork showing Antwerp features our trade goods being used in 1550's Europe. Our hockey stick, snow shoe and baskets seen here.
Read 28 tweets
A nosotrxs sí nos alegra la visita de @alferdez a México.

En una de esas y López Obrador agarra algunas cosas buenas del presidente de Argentina, por ejemplo:

1.Apoyo total a legalización del aborto:…
2. Programas emergentes de protección social para que los hogares de menos ingresos enfrenten la crisis económica de 2020 (en Argentina se llamó Ingreso Familiar de Emergencia):…
3. El impuesto a los multimillonarios para aportar frente a la crisis más grande de nuestras vidas (en Argentina se llamó: Ley de Solidaridad y Aporte Extraordinario de las Grandes Fortunas):…
Read 6 tweets
Winners and losers of the pandemic. THREAD:
The winners:
1. Canada’s top grocery stores earned $721 million in profits in only 3 months of the pandemic.
- Loblaws: $342 million
- Metro: $187 million
- Empire Company Ltd. (owns Sobeys): $ 192 million
2. Billionaires:
- Canada’s top 20 billionaires amassed $37 bn in 2020.
- The top five billionaires increased their wealth by $5.5 bn
Read 8 tweets

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