#TaxTheRich, it’s a decent start
Posted by Bluebird | Mar 12, 2025
"As incredible as it may seem, just a handful of #billionaire #Mainers could fund the state for years out of their own pockets and still live out their lives as multimillionaires. So when socialists say tax the rich, we mean more than raising what billionaires pay by 1% or 2%, we mean raising their taxes by 25% or 50% or more to start with. We mean we should take back the wealth they have collected by exploiting all the people who have worked for them, all the land they have stolen, and all the resources they have grabbed all around the world. In the meantime, socialists often support smaller measures whenever we feel like they are a way to raise funds to help our class, raise consciousness, and build organization.
However, increasing taxes on the wealthy isn’t a permanent solution to the persisting problems of #capitalist society. It’s a good start, but it’s not enough.
[...]
"By all means tax [the wealthy] at a rate of 95%, 99%, 100%, 200%! Take back everything they have stolen from us. Truly solving the causes of social inequality cannot happen until the property of the capitalist class has been expropriated, but for the reasons explained above, simply taxing them at any rate will prove ineffective given enough time.
"Moreover, tax increases tend to antagonize capitalists. Sooner or later, as we are seeing very clearly now in Washington, they will transform their economic might into raw political power to claw back even the small social costs that generations of #SocialMovements and trade unions have imposed on them. During such times, as grim as our prospects may seem, it becomes clearer than ever that so long as the capitalists have all the power, even the most progressive public policy can only be temporary.
"How much longer will capitalist industry be allowed to #pollute the planet? How many more times does the economy have to crash? How many more wars will we be forced to fight on the behalf of these #RobberBarons? How many more lives will be ruined by #debts, mass #layoffs, denied insurance claims, and more? Why should we tolerate a system that exploits those whose labor keeps society functioning?"
Read more:
https://pineandroses.org/opinion/www-pineandroses-org/
#MaineDSA #Socialism #CapitalismMustDie
Who owns the president?
That’s all we know.
Trump’s court filing didn’t provide details on how he financed the $91.6 million bond. Nor did Chubb, which said, “as a matter of policy, we do not comment on client-specific information.” 
Does Trump have a relationship with the Chubb CEO? Is this bond a quid-pro-quo?
