Opinion from a Libertarian ViewPoint

Fake Indian Elizabeth Warren Suggests 50% Democrat Tax Rates – Calls Trump Tax Bonuses “Crumbs”

Posted by M. C. on July 24, 2018

The top 20% pay 80% of the tax burden. Pareto’s law in action.

The lower 50% pay nothing or get money back.

Guess who will take the heat? It won’t be illegals that get benefits, driver’s licenses and vote democratic.

Corporations do not pay taxes, they collect them. Taxes are a cost of doing business. They are either absorbed resulting lower dividends (think 401K), more robotics, hiring freezes or layoffs or… prices are increased lowering sales which result in lower dividends (think 401K), more robotics, hiring freezes or layoffs. Guess who will take the heat?

Fauxcahontas and socialist Maxine Waters ( see here) are in a race to see who destroy the economy the fastest. Enabling these socialists will result in some serious consequences.

by Jim Hoft

Over 3 million working Americans have received Trump tax cut bonuses as a result of the Trump tax reform law.

But fake Elizabeth Warren wants to take that all away.

Elizabeth Warren told CNBC Democrats will end the Trump tax cuts if they take power in November.

Warren also promoted a 50% tax hike on American earners.

Sen. Elizabeth Warren, D-Mass., sat down with CNBC’s John Harwood to discuss an array of issues, from President Donald Trump to the economy. Here, she talks about wanting to roll back the GOP tax cuts.

Q: If Democrats take the Congress, if you’re in the White House, or both, would you like to see these corporate tax cuts repealed?

A: Yeah, I really want to see them rolled back.

Q: Back to 35 percent?

A: 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.

I think the right way to think about this is that 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.

Q: What’s too high for the top personal rate?

A: It’s not about a number. That’s what negotiations are all about.

Q: Is 50 percent obviously too high?

A: That’s why you sit down and you negotiate over the numbers…

Be seeing you

tax crime


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