Posted on 07/25/2018 7:25:36 PM PDT by E. Pluribus Unum
Elections have consequences. Just Senator Elizabeth Warren, who suggested that a 50% to 90% personal income tax rate for Americans is not out of the question. Warren made the shocking admission in an interview with CNBC.
Warren also promised that Democrats will end President Trump’s tax cuts if they take control of Congress in November 2018.
CNBC’s anti-Trump pundit, John Harwood, asked Warren: “If Democrats take the Congress…would you like to see these corporate tax cuts repealed?”
Senator Warren replied: “Yeah, I really want to see them rolled back.”
Question: “Back to 35%?”
Warren replied: “Well, it’s not about the number. Here’s how I look at budgets, and taxes are at the heart of this. A lot of people think they’re just numbers; they’re not. They are the expression of our values. The values of the Republican Party that passed those tax cuts are to give $1.5 trillion away to the richest Americans and the biggest corporations, and let everybody else pick up the crumbs.”
She added: “We need a budget, we need a tax bill that works for all of us. So what I’d like to see is I’d like to see us strengthen America’s middle class.”
(Excerpt) Read more at bizpacreview.com ...
How exactly are they going to change tax law without the signature of the President? Did they forget about that part
Not to mention the wording in the
5th amendment:
nor be deprived of life, liberty, or property, without due process of law.
And the 14th amendment:
nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.
With respect to illegal aliens.
The GOP has campaign ad material in truckloads with these lunatics. And they have this one on video.
The shareholders pay the taxes, but the corporate taxes are already collected before the share holders get their dividends So they’re taxes twice. Since all corporations are owned by individuals ie shareholders, then business taxes are just the government double dipping in the public trough
Nope. The end consumer pays all costs of a product whether it be taxes, labor, materials, shipping, everything. You are talking about internal cost structure where things can be moved around all over.
Hey it worked for Clinton. Hammered G.H.W. Bush for raising taxes, promised a middle class tax cut, 6 months later claimed he worked hard but couldn’t make the tax cut work so he raised taxes retroactively instead.
That is factually incorrect. Tax reform cut business cost massively this year as did dereg. Why is CPI higher TTM than TTM 1 year ago
Better question is who the hell would go to work.
They don’t mind taxing the cr@p out of businesses...because, after all, “You didn’t build that.”
Hello s corp!
Yes, it is double taxation, but that is irrelevant as to who ultimately bears the taxes (or what % of the tax). But some of the tax is born by management, not just shareholders. Personally, I’d implement a 15% across the board tariff on imports and eliminate corporate tax.
No!
That'll work. Give that girl lots of camera time.
Taxes of 50 to 90%
Open Borders
Elimination of ICE
Gay everything
Probably free trade without reciprocity, if for no other reason than to be anti-Trump
Socialism
You left off:
Confiscation of all weapons from the citizens.
[Who in their right mind would vote for a 50-90% personal income tax rate?]
Teater hang ups.
I think you misspelled "Early Onset Dementia."
Keep talking Lizzie. You say all the right things. 8>)
I agree. They should run on it for the midterms too...
I hope she runs on this platform.
This is what a socialist looks like. Cant run away from it advocating 50-90% tax rates.
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