Snowflake Thiel plans to leave California over a f*cking ONE PERCENT "billionaires tax." ONE F*CKING PERCENT.

[popsdenver]

37. A lot of us here at DU

would be long gone before any tax on the rich every comes about and works it's way through all the courts. And then of course this Republican Supreme Court would find some tiny technical excuse for not allowing it to happen.
I can only imagine that it would be extremely hard for the U.S. Government to know how much money they have, because it has been offshored long long ago, invested and compounding their money without the U.S. States and U.S. Federal Government ever even knowing about it.............

The Rich even get credit cards from these secretive nations, and the rich charge every last thing they can, and many years ago our government, I think during the WBush? years, cannot subpoena an individuals credit card statements from any other countries banks.......

If things continue this way, in the near future, maybe at the most a year or two, The Uber Rich top 1% will have succeeded in a wealth transfer of all the U.S. money to themselves.........Leaving the other 99% in destitute as mere serfs and peasants.

All they have to do, is once again, trash the stock market like they have done many times in the past, dating back to Reagan's "Black Tuesday"? All of the retirement funds, and investment accounts holding people's future retirements are invested in the stock markets, etc etc etc and BOOM......An immediate repeat of the Great Depression, but far far worse this time around, and permanent.
If you want a description of the great depression, read or re-read Steinbecks GRAPES OF WRATH, and find a day by day accounting of people trying to exist, having lost everything, and what the Hoovervilles were like. And how the Corporations took full advantage of the situation that they in fact created. The Uber rich would like nothing better than to destroy all the rules and regulations that FDR put in place to pull us out of the depression and get rid of the Robber Barrons and Gilded Age. And here we sit, on the edge of what happened in the 20's...... De-ja-vue (sp?) all over again......