Let’s parse “I can’t imagine the Supreme Court wants to give the wealthiest people on earth billions in tax cuts”. There is no annual billionaires wealth tax or taxes on unrealized gains yet. Wyden says that NOT TAXING PEOPLE is a tax cut? Is anyone paying attention to his stupidity? So every year that 100% of your income is not taxed, you got a tax cut. There are grave constitutional issues for imposing taxes on unrealized gains, does anyone in DC care?
Is he the dumbest person in the Senate? Perhaps, but there is plenty of competition.
It won’t be long until this impacting “a few hundred” people is “a few hundred million people.” Remember the $400,000 cutoff is where one is rich or not.
“Build Back Better” is an Orwellian name if ever there was one. The Democrat party and many of their voters believe that your life and the products of it may be disposed of at their whim. The same justification that led to their defense of slavery, just in the third party now: it isn’t “we need it”, it is “someone else’s need justifies taking the hours of your life.”
“Hate speech” is a term used by fascists, socialists, communists and other authoritarians to shut people up – when they can’t win an argument that involves liberty vs control, they want people to be shutdown and shut up. It is a slippery, subjective concept that allows those defining it to silence those with whom they disagree.
Always look to see who the arbiter of what is “hate speech” and you’ll see who will benefit from it in terms of wealth and power.
New Hampshire Democrats prefer Socialist to Clinton – and Clinton to Trump in the 2016 election. So much for “LIVE FREE OR DIE.” Perhaps New Hampshire needs to change their motto to “Free stuff or die”.
One other question about the so-called “New Hampshire Advantage” in trust law. If you are considering setting up a trust in New Hampshire advantage, make sure you have a flee clause in there because if the state goes left, “free money” from trusts domiciled in NH will no doubt be a big target.
Attorneys and clients who want to use NH for their trust, make sure you are prepared.
However, it should be noted that the same philosophy that is behind Warren’s quest for a wealth tax, Alexandria Ocasio-Cortez’s quest for a 70% top marginal rate is the same ‘You work and toil and earn bread, and I’ll eat it’ philosophy that Lincoln fought in the old Democrat South. Likewise, the same promise of ‘free’ stuff was at the base of Lenin, Stalin, Mao, Mussolini, and Hitler’s promises when they came to power. (Obviously not the concentration camps.)
What is disgusting is that when Reagan said “If we lose freedom here, there is no place to escape to. This is the last stand on earth.”, the US was #1 in freedom around the world, last year the US was #17th! (Or 18th depending on which you follow). A very sad state of affairs. The Founders would be disgusted. (See e.g. Cato https://www.cato.org/blog/new-human-freedom-index-decline-global-freedom or Heritage: https://www.heritage.org/international-economies/commentary/2018-index-economic-freedom. )
“Your purpose, then, plainly stated, is that you will destroy the Government, unless you be allowed to construe and enforce the Constitution as you please, on all points in dispute between you and us. You will rule or ruin in all events.” Abraham Lincoln