As the war on the rich continues to escalate on both coasts, it’s the middle-class residents of blue states that will be stuck with the tab.
Sanders surpassed Warren as the second-most favored candidate in the Democratic 2020 field, indicating that her two-month bump may have been short-lived.
Sen. Cory Booker pushed back on Sen. Elizabeth Warren’s wealth tax proposal on the Democratic debate stage Wednesday night, but presented his own ideas for increasing taxes.
Plenty of evidence has shown there are more effective ways to help the poor climb up the economic ladder, including cutting taxes, widening school choice, and eliminating ruinous regulations.
While this may come as a shock to Warren and the media, philanthropy filtered through her plans isn’t philanthropy at all — it’s a political power grab.
Warren’s wealth tax includes the flaw of many of the left’s grand plans in that it presumes no negative consequences will follow — but of course they will.
Warren, a Harvard law professor, understands the difference between direct taxes and indirect taxes, but she’s counting on the people not to pay attention.
“What if your most popular idea is just not constitutional?” Van Jones asked Sen. Elizabeth Warren on CNN’s post-debate show.
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