Imgflip Logo Icon

Tax the rich is proven to be a failure. Marxism is a failure.

Tax the rich is proven to be a failure. Marxism is a failure. | ATLAS SHRUGGED IN NORWAY; WEALTH TAX MAKES SUPER RICH LEAVE NORWAY - TAX REVENUES DROP | image tagged in atlas holding up the world,norway,wealth tax,suoer rich,failure,marxism | made w/ Imgflip meme maker
811 views • 38 upvotes • Made by RunawayTrain 11 months ago in politics
atlas holding up the worldnorwaywealth taxsuoer richfailuremarxism
atlas holding up the world memeCaption this Meme
23 Comments
frankvitale
7 ups, 11mo,
1 reply
Bernie I Am Once Again Asking For Your Support Meme | So we can steal your money | image tagged in memes,bernie i am once again asking for your support | made w/ Imgflip meme maker
RunawayTrain
8 ups, 11mo,
1 reply
maggie thatcher | THE PROBLEM WITH SOCIALISM IS THAT YOU EVENTUALLY RUN OUT OF OTHER PEOPLES' MONEY. | image tagged in maggie thatcher | made w/ Imgflip meme maker
In Norway’s case, the money ran out of Norway!
2ATom
2 ups, 11mo,
1 reply
made w/ Imgflip meme maker
You deserve this.
RunawayTrain
0 ups, 11mo
Thank you!
AmericanViking
7 ups, 11mo,
2 replies
Fun Fact... The US taxes rich people who move out of the US... Norway just decided to do the same... That is why there was an exodus of rich people to Switzerland from Norway before the new law went into effect in April. It's a fact of life that rich people will always move their money before greedy politicians can impose new taxes on them...
RunawayTrain
7 ups, 11mo
Try moving out of New York.
MegadrummerJ
5 ups, 11mo
The Newsom Regime wants to impose a departure tax on people moving out of the state. They even tried to force people who move out of the state to keep paying California income tax for a certain number of years after they leave.
AmericanViking
6 ups, 11mo,
1 reply
True story bro...
RunawayTrain
6 ups, 11mo
They took $54 billion in wealth out of Norway. Tax revenue declined $594 million.
Garnet0114
4 ups, 11mo,
1 reply
According to the Heritage Foundation's index of economic freedom, Norway is actually considered a lot more free-market than the U.S. Despite the popular belief that Europe countries are "socialist", Europe countries are actually a lot more free-market than the U.S. and have a lot less small business regulations than the U.S. while the U.S. is actually ranked 25th in the index despite being the "land of the free". A slight tax increase of 1.1% isn't Marxist socialism, Marxist socialism doesn't allow the rich to exist at all nevermind be taxed. Just so you know I don't think raising taxes is the solution to everything, I'm just pointing out that equating a slight tax increase to actual anti-capitalist socialism is a false equivalency. I also think the rich are being whimps for leaving Norway over a slight tax increase, if they wanna know an over-taxed shithole, they should see California and realize their country isn't so bad after all. At least Norway puts the taxes to good use.
RunawayTrain
6 ups, 11mo,
3 replies
The tax was raised on wealth, not income. FYI
California is considering a wealth tax. Watch the exodus begin.
Garnet0114
7 ups, 11mo,
2 replies
"Watch the exodus begin"? Like people haven't been leaving California in droves already?
AmericanViking
5 ups, 11mo,
1 reply
A recent poll states that fifty percent are seriously considering moving from California...
Garnet0114
6 ups, 11mo,
1 reply
You don't have to tell me that to convince me people don't wanna stay in California.
AmericanViking
5 ups, 11mo
I know a lot of people that have left that state... They couldn't afford to live there anymore. Never mind the rampant political corruption in the state...
RunawayTrain
5 ups, 11mo
Maybe stampede is a better word.
Graeystone
7 ups, 11mo
There should be a condition - these rich people who move out of California can't vote for. . .15 years for anything 'cause anyone with one functioning brain cell know they're partly the reason California got so screwed up.
AmericanViking
6 ups, 11mo
A lot of the rich in the LA area moved when they imposed a new sales tax on houses selling over a certain amount... Mark Mark Wahlberg moved to NV
Col.Jack.Ripper
2 ups, 11mo
RunawayTrain
5 ups, 11mo
Over a century ago the Russia people bought into your bs. They ended up standing in bread lines.
What you don’t understand is all that wealth is not cash in a bank account waiting to be spent.
If you tried to sell off all that stock Bezos, Musk and Gates own, the value would drop because no one has the cash to buy it.

Are you going to tax all the wealth accumulated in 401k’s?

Tyler Perry, the billionaire entertainment mogul was once homeless living out of his car.
What’s your excuse?

Most wealthy don’t have the goal to be rich. They have a vision to create or produce something. Along the way that energy creates products or services which people consume to their benefit. Business also creates JOBS.

More recently Venezuelan bought into your bs and elected the marxist Chavez. He taxed the rich and nationalized many businesses. The economy has been ruined and poverty is about 80% now.

In USA everyone has the freedom to start their own business or buy stock in business. YOU, TOO, can have capital gains taxed at 16%.

Join the club.
Graeystone
5 ups, 11mo
Taxing the rich is actually a type of taxation without representation. Either everyone pays the same tax or nobody does. Frankly the whole current system needs to be torn down and built from scratch including state and local taxes.
atlas holding up the world memeCaption this Meme
Created with the Imgflip Meme Generator
IMAGE DESCRIPTION:
ATLAS SHRUGGED IN NORWAY; WEALTH TAX MAKES SUPER RICH LEAVE NORWAY - TAX REVENUES DROP