General Discussion

exboyfil

(18,194 posts)

126. One thing I would like these ultrawealthy "liberals" do

Reply to In It to Win It (Original post)

Thu Mar 27, 2025, 09:38 AM

Mar 27

Is get their accountants to report how much in total federal taxes they pay as a percentage of their wealth (both personal taxes and taxes paid through their corporations).

US wealth of $137T. Tax revenues excluding SS and Medicare of $3T. So about 2.1% of US wealth is paid in taxes necessary to operate the country. So how much do you pay as a percentage of wealth. I am around 7.5% not including the deferred taxes paid by the percentage of corporations I own through my retirement account mutual funds (so this numbers actually higher).

If the tax structure is only set up to tax ongoing economic activity (ie wage slaves and some corporate taxes), then how do we protect that $137T. Eventually the ultrawealthy are sitting on mounds of gold that they can pass on to their progeny without paying any taxes to protect that mound.

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Highlight:

Walmart heiress worth $17.8 billion quietly enters political discourse with New York Times ad declaring 'the dignity of [View all] In It to Win It Mar 25 OP

👏👏 Deuxcents Mar 25 #1

Good for her. To be fair, she did marry into the Waltons. sinkingfeeling Mar 25 #2

I hope she is also putting her money senseandsensibility Mar 25 #3

this ad is a start Demovictory9 Mar 25 #43

This needs to be spread everywhere malaise Mar 25 #4

I worked at Walmart #6 in the last century BOSSHOG Mar 25 #5

Ummmm, you do remember that sam tried to get walmart exempted niyad Mar 25 #27

In 1969 I was paid minimum wage to start BOSSHOG Mar 25 #29

You did notice that I said "tried"?? niyad Mar 25 #31

Excellent Point calguy Mar 25 #36

For the working man? luv2fly Mar 25 #41

👍 NT Tickle Mar 26 #59

Yup, the same Sam Walton Farmer-Rick Mar 26 #84

No, that was Alice, sam's daughter. Apparently, the woman stepped into oncoming niyad Mar 26 #102

Bullsh*t! ForgoTheConsequence Mar 26 #109

thank you Ms. Walton Skittles Mar 25 #6

K&R spanone Mar 25 #7

🗽Brava for her. 🗽 usonian Mar 25 #8

I like that. Her torch flame can go straight up his ass. calimary Mar 26 #108

. yellow dahlia Mar 25 #9

Gotta respect that. bucolic_frolic Mar 25 #10

Probably somewhat self-serving... I suspect tariffs are bad for walmart. Still, it is welcomed, and... thesquanderer Mar 25 #42

See post 47. niyad Mar 25 #49

Walmart imports about 60% of their goods from China. Lasher Mar 26 #69

China imports from China? niyad Mar 26 #79

Forget it...he's rolling. (n/t) Moostache Mar 26 #89

That's why k55f5r Mar 26 #95

I switched to edibles...spilled water is a MESS!!! (n/t) Moostache Mar 26 #97

Oops. Lasher Mar 26 #99

You are most welcome. niyad Mar 26 #104

Sure. To hell with the environment, small local businesses, and the working class. nt MrsCheaplaugh Mar 26 #82

Wow!! Blue_Roses Mar 25 #11

K&R orangecrush Mar 25 #12

I did not Dr. T Mar 25 #13

IKR! Nice serendipitous surprise!! wordstroken Mar 25 #23

Another Billionairess Jackson1965 Mar 25 #14

I don't think there's a mechanism for private citizens to fund government agencies Hekate Mar 25 #21

There is a National Parks Foundation and several of the more popular parks have individual foundations as well yellowdogintexas Mar 26 #119

Exactly. It's the idea that we should ask for &welcome the purchase of departments of the US government... Hekate Mar 26 #120

Warren Buffett said kkmarie Mar 26 #58

You should post this video as a separate post in General Discussion if you haven't already. generalbetrayus Mar 26 #103

Kick this! defacto7 Mar 25 #15

If/when the economy tanks, either as a recession or as a dobleremolque Mar 25 #16

⬆️⬆️⬆️THIS⬆️⬆️⬆️ Think. Again. Mar 26 #56

The opposite will be true Wednesdays Mar 26 #88

Where in the New York Times? defacto7 Mar 25 #17

Well done. I'll be interested to see if she does more. Maru Kitteh Mar 25 #18

So the Waltons miss the stability and better economy of Democrats Comrade Citizen Mar 25 #19

The woman in question has been Widow Walton for over 20 years. She married into the family. Hekate Mar 26 #62

She is saying things her sister in law might agree with Comrade Citizen Mar 26 #92

I wish she would buy a TV station Mysterian Mar 25 #20

That works! Great idea, Mysterian. wordstroken Mar 25 #24

It depends. The Fascists will spin her message to say it's for white people only. Justice matters. Mar 26 #90

Not much to say about elderly, huh. rickyhall Mar 25 #22

I noticed that, too. wordstroken Mar 25 #25

Another woman standing up while so many men bend the knee and kiss trump's ass tulipsandroses Mar 25 #26

Hopefully she won't end up in a plane crash too. Crunchy Frog Mar 25 #28

More of this please.. surely more than one rich person is offended mountain grammy Mar 25 #30

Sure there's more than one. IL's Gov JB Pritzker was on Jen Psaki today. ancianita Mar 25 #40

Yes, but she's speaking loud and clear mountain grammy Mar 25 #44

Jared Polis is my governor, too. He is very liberal on many issues and I would vote for him again generalbetrayus Mar 26 #105

I agree mountain grammy Mar 26 #115

Swimming against the current takes stamina. Prairie_Seagull Mar 25 #32

Magas to boycott Walmart in 3....2..1 PortTack Mar 25 #33

Most MAGAs can't financially afford to boycott Walmart. generalbetrayus Mar 26 #106

Their money supports Republicans and conservative causes. They pay shit and depend on public Gaugamela Mar 25 #34

But this particular Walton's money doesn't as far as I can tell. In It to Win It Mar 25 #35

I think this is just a woman that inherited the money when JI7 Mar 25 #46

"be civil" LudwigPastorius Mar 25 #37

OH Wow, Christy Walton has been Paying Cha Mar 25 #38

Thank you, Ms Walton Hekate Mar 25 #39

Most MAGAts would say much the same thing luv2fly Mar 25 #45

yes, interpretation markie Mar 26 #72

Good for Ms. Walton. Does anyone besides me remember "Wal Mart: The High Cost niyad Mar 25 #47

Yes. I also remember the book "Nickel & Dimed. " I just figure figure the operative word for Widow Walton is: Thanks Hekate Mar 26 #61

I agree. It would be wonderful if she joined Mackenzie Scott and niyad Mar 26 #78

Now, if only a black woman could marry a billionaire and be widowed ... eppur_se_muova Mar 26 #96

Surprising, but impressive. madamesilverspurs Mar 25 #48

Good Meowmee Mar 25 #50

No, she supported Harris. betsuni Mar 26 #53

Great ad. GoodRaisin Mar 26 #51

smh @ how many disclaimers she had to make about it being her view only ecstatic Mar 26 #52

Screw her angrychair Mar 26 #54

Okay, be sure to tell her not to share Hekate Mar 26 #63

Screw her angrychair Mar 26 #94

Billionaires are national security threats leftstreet Mar 26 #111

JB Pritzker is a billionaire. Joe Nation Mar 26 #118

The message is clear . . . Aussie105 Mar 26 #55

I agree more should speak up like that... Think. Again. Mar 26 #57

This message was self-deleted by its author blubunyip Mar 26 #64

"part of the economy" is part of the problem. GopherGal Mar 26 #113

Billionaires blubunyip Mar 26 #65

Welcome to our DU family. niyad Mar 26 #80

thanks blubunyip Mar 26 #121

This seems well-intentioned, but "We Stand by Our Allies?" Ask Canadians about that one. raccoon Mar 26 #60

I believe her words were intended to point out... Think. Again. Mar 26 #66

Preaching to the choir blubunyip Mar 26 #67

I agree more should be done, MUCH more.... Think. Again. Mar 26 #68

Isn't most of America blubunyip Mar 26 #70

It's clear that anyone who voted for what is happening now is certainly NOT anti-fascist.... Think. Again. Mar 26 #114

The Magas were sold a lie blubunyip Mar 26 #122

If they wanted the racism, sexism, and religious nationalism... Think. Again. Mar 27 #124

Some people always learn the hard way blubunyip Mar 27 #125

Again, if all they care about is how THEY are being conned.... Think. Again. Mar 27 #127

True blubunyip Mar 27 #128

Ah - Christy Walton moose65 Mar 26 #71

Spend Again elliesmandt Mar 26 #73

I have been using Walmart on line occassionally when necessary mdbl Mar 26 #74

ok blubunyip Mar 26 #75

good. and i would say to her, barbtries Mar 26 #76

She should explain what happened to Sam's Made in The USA campaign. KY_EnviroGuy Mar 26 #77

Abolish Billionaires. Voltaire2 Mar 26 #81

Thank you, Mrs. Christy Walton ReRe Mar 26 #83

You know what, I'm not buying what she's selling... Mr. Mustard 2023 Mar 26 #85

Take her at face value, use what she has said until it's no longer usable, then dump her ass. Linda ladeewolf Mar 26 #86

Love the Ad. Happy Hoosier Mar 26 #87

The Fascists will spin her message to say it's for white people only. Justice matters. Mar 26 #91

This was in my Sunday SF Chronicle kimbutgar Mar 26 #93

Representing about 10-15% of the total family fortune but good on her. live love laugh Mar 26 #98

Fuck Walmart bif Mar 26 #100

What dignity? RockRaven Mar 26 #101

Posted on Fb Martin68 Mar 26 #107

So wrong Cirsium Mar 26 #110

Someone showed her the satellite photos of current WakMart parking lots? wolfie001 Mar 26 #112

A Walton but I'll give her a chance to show that fascism isn't something she supports Bengus81 Mar 26 #116

There ARE good billionaires in the country Joe Nation Mar 26 #117

I think we'll be waiting blubunyip Mar 26 #123

One thing I would like these ultrawealthy "liberals" do exboyfil Mar 27 #126