She’s a genius! Elizabeth Warren will solve all the nation’s woes…by taxing Americans worth more than $50 million!
A “wealth tax”! How does she come up with these never-before-imagined plans?
And, of course, the money will be borne down to the Treasury on the backs of unicorns!
Alexandria Ocasio-Cortez, meanwhile, wants to tax income over $10 million at a rate of 70 percent.
These two are so full of shit, they literally squish when they walk, if you’ll pardon the earthy metaphor.
The math doesn’t work. There aren’t enough mega-millionaires and billionaires to fund the massive government outlays being cooked up in feverish Democratic Party minds.
Also, we live in an age in which both people and capital are mobile.
Once the Democrats loot the fortunes of the megamillionaires who stay in the U.S., guess who they’ll be coming for next…You and me.
I can see America in 2022, two years into the administration of President Elizabeth Warren. From Congress, Alexandria Ocasio-Cortez will declare that we simply must tax American households with a combined income of more than $100K per year at a rate of 70%…because greed!