Posted on 11/16/2019 3:53:11 PM PST by grundle
A billionaire stands to benefit financially from the sales of Democratic presidential candidate Sen. Elizabeth Warren’s new “Billionaire Tears” mug.
The $25 mug, which Warren’s presidential campaign introduced Wednesday, is sold through Shopify, a Canadian e-commerce company whose founder and CEO, Tobias Lütke, is worth an estimated $2.8 billion.
“Savor a warm, slightly salty beverage of your choice in this union-made mug as you contemplate all the good a wealth tax could do: universal healthcare, student debt cancellation, universal free college, and more,” the mug’s product page states.
Warren’s presidential campaign began utilizing Shopify’s services shortly after the Massachusetts senator declared her candidacy in February. Her campaign has disbursed nearly $105,000 to Shopify for credit card processing fees so far in 2019, according to Federal Election Commission (FEC) records.
The Warren campaign did not return a request for comment.
Warren’s senatorial campaign also utilized Shopify’s services, disbursing $16,500 to the company between 2017 and 2019, FEC records show.
Warren’s proposed annual 2% wealth tax on net worth over $50 million and an annual 6% wealth tax on net worth over $1 billion has become a focal point of her campaign. She says the increased tax revenues from the proposal can fund her “Medicare for all” plan without raising taxes on the middle class.
But opponents of Warren’s proposed wealth tax say it’s fundamentally flawed. Of the 12 European countries that had a wealth tax in place in 1990, nine had rescinded the measure by 2019.
The Organisation for Economic Cooperation and Development found that the wealth tax was too expensive to administer, drastically altered investment decisions and drove wealthy citizens out of their homelands, NPR reported.
France’s wealth tax, initiated in 2000, led to an exodus of some 42,000 millionaires from the country in 12 years, according to NPR. French President Emmanuel Macron rescinded the measure in 2018.
She isn’t fooling anyone.....Well, just the stupid and gullible.
Well, as long as it’s not an American billionaire, I guess it must be OK.
I’d buy one to help her out. Heh heh.
Mike Rowe’s comments on the Dem debates are appropriate here:
“In the end you’ve got millionaires arguing with millionaires over who hates millionaires the most”
Here, ~45s in.
https://www.facebook.com/mrctv/videos/908457642858544/
I was all set to order some but I couldn’t see an option to charge my neighbor for them.
$25 for a coffee mug? Does she work for NPR?
How much is her tote bag?
Obama is dissing the front runners of his party...when calling out the radicals.
I know he can’t be for Clinton.
So who is he really backing? His wife?
They speak about money as if everyone is a millionaire. Bernie Sanders says that the prol will be taxed at 50% as well. EVERYONE will give up half of their wealth to have everything “for free”.
Rumors to spread virally: These are manufactured over a Native American burial ground.
Another: The paint for the mug contains lead that goes into the user through the tongue.
Kiln for the mugs is fired by an oil furnace that pollutes the atmosphere.
Trump has shares in the company that is the parent corporation and he profits from each mug sale.
He’s saying it isn’t practical to tell the voters how Left you really are, stop going on record saying ratsh@t crazy things that are counter to all American history.
Do those things AFTER you are elected.
Both Obama and Hillary opposed same sex marriage when they ran for office.
Do these coffee cups work on regular Joe or do they only accept fair trade coffee?
I told you guys she has been seen reading Dale Carnegie's book on public speaking. Nobody listens.
She’s really counting on the class warfare. Way to bring people together, Liz, you greedy, power hungry old hag.
Now you’re talking.
I always wonder if those fair trade offered ones at coffee places are secretly regular Wal-Mart house brand bulk coffee put into new packages to impress the gullible. Like the bottled natural spring water that was just from a regular tap that was exposed on Sixty Minutes once.
I like your last one, that Trump is the ultimate owner.
Lefties don’t care about fair trade tech work.
The other side of the mug should say SCREW THE 10th! O.K. to covet!
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