Outside of banning the technology there isn't really a hell of a lot you can do. We are not going to build the capacity because that would require tax dollars from extremely wealthy people and those people run the country so no they're not going to pay for you to have electricity.

Our entire civilization is being slowly dismantled. But how about those trans girls in sports am I right? /s

Is it though? Given how offshore wind with fixed platforms can be competitive with gas turbines without subsides, and given how wind is being built without subsidies elsewhere I think that this can be the usual case of "according to the administration" just meaning once again - we're lying through our teeth to justify supreme orange man's ideology.

Even then the approach is stupid. Some of these projects are very early on. Just remove the subsidies and they'll fail their FID and cancel themselves. The fact that you need to pay them out to the tune of the dollars mentioned shows that any pretext of them not being viable is just bullshit.

yes you earned it, you saved it and now you are dead. you inheritors did neither of those things, why do they get a 0% tax on fresh income?

or as a founding father himself put it about estate taxes on the very wealthiest "The object is not so much the produce of the tax as the justice of the measure. The aristocracy has screened itself too much, and this serves to restore a part of the lost equilibrium."

That may be your attitude, but if you refuse to pay taxes you owe under the law, they absolutely will have it (either the easy way or the hard way). But what you think is rather irrelevant for estate tax. You'll be dead when it comes time to pay. The executor of your estate is unlikely to refuse to take care of its tax obligations, especially if it's worth $28 million because they would be putting themselves on the line for something that would likely provide them no economic benefit.

I'm always a bit puzzled by people's vehement opposition to the estate tax. I'm a long way from $28 million, but I am at the point where it's plausible I could get there before I die. I don't think my kids would benefit from that level of payday. Passing a million or two on to a kid that may not have a high-paying career could be life changing, but why do my kids need mansion and yacht money? Likewise, my parents are also in the net worth category where it's plausible their estate could get hit with estate tax someday. If so, it doesn't really bother me. I didn't earn that money.

Of course the thresholds are lower in some states, but the rates tend to be much lower than federal estate taxes. It's likely more of an administrative hassle for executors than a truly meaningful hit to the inheritance.

Let them flee. The rich do not provide any benefits. The rich do not pay their fair share of anything. The rich do not help the economy. The rich do not earn money, they take money.

You neither own a business nor make $400k a year

Public fundraising reports are quite misleading post- Citizens United because most of a campaign's resources come from PACs and 501(c)(4) organizations that do not have to report their fundraising as candidate fundraising. At the end of the day, it doesn't really matter much if the campaign or an affiliated organization runs ads on the candidate's behalf.

If your estate is less than 28 million dollars, you're not taxed. Even in 2001, a home would have to be worth 2 million in today's dollars to be taxed. Even then, ONLY THE AMOUNT OVER WOULD BE TAXED. So if you have a $28,000,100 home, you'd only pay the tax on the $100.01 over the limit.

You either didn't think this out or are a horrible person...I will wager you didn't understand the law. It has only applied to the ultra-wealthy. If you have 28 million dollars in property and think you actually earned it without the help of the gov and the rest of the country and don't want to invest in roads and public schools and police to protect your assets....go fuck yourself. Every wealthy person got wealthy off the shoulders of those before them with the assistance of the gov and an army of publicly schooled employees building their wealth....publicly financed roads, energy infrastructure, defense, etc.

In a modern oligarchy, the wealthy mooch off the people, absorbing subsidies, like Musk does...while the rest of us watch our costs go up, service go down, and Republicans offering bullshit ICE and culture war theater....yeah, my grocery bills have nearly doubled since 2016 because I enjoy meat and eggs...but hey, Trump owned the libs, right?...that's worth me having a lower standard of living than my parents at my age, despite the fact that I literally earn 4x as much as they did combined AND have one less kid!!!!

Billionaires shouldn't exist, they're a runaway condition in our economic system that should be corrected.

The tax should be ongoing, and slightly higher than inflation, scaling with distance from an agreed-upon 'reasonable wealth'.

However, take the estate tax. How have you benefited?...if you don't come from money, you haven't. But the wealthy did and now have more incentive to hoard their wealth rather than give to charity. Now they have more incentive to bribe politicians to keep the taxes in their bracket low.

Kamela fucked up the election regardless, but Trump would have had far less of an funding advantage and would have to rely on getting votes more than courting billionaires to win. Without Musk, if Trump didn't lose outright, the margins would have been much closer. He certainly couldn't have afforded as many attack ads as he ran.

Yes.

And if something has a paper value $1B today and you get taxed on it, but there's a market correction and its value drops to $500M? Do you get part of your tax payment back?