Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Elizabeth Warren eyes 50% tax rate, says Dems will end Trump tax cuts if they take back Congress
Biz Pac Review ^ | July 25, 2018 | Samantha Chang

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pundit, John Harwood, asked Warren: “If Democrats take the Congress…would you like to see these corporate tax cuts repealed?”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 ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: 2018midterms; insane; insanity; tax; trumptaxcuts
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-98 next last
To: DannyTN

You forgot
Abortion
Closed shop mandatory unions
Mandatory PC speech
Confiscate fire arms
Euthinasia


21 posted on 07/25/2018 7:46:09 PM PDT by Fai Mao (There is no rule of law in the US until The PIAPS is executed.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: E. Pluribus Unum

Stick a fork in her. She’s done.


22 posted on 07/25/2018 7:47:48 PM PDT by Trumpisourlastchance
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

Make the groups you love better off at the expense of the groups you hate is a better slogan.


23 posted on 07/25/2018 7:49:38 PM PDT by guitar Josh
[ Post Reply | Private Reply | To 1 | View Replies]

To: Fai Mao
Good adds.
24 posted on 07/25/2018 7:50:22 PM PDT by DannyTN
[ Post Reply | Private Reply | To 21 | View Replies]

To: Fai Mao

25 posted on 07/25/2018 7:51:19 PM PDT by DannyTN
[ Post Reply | Private Reply | To 21 | View Replies]

To: so_real
It's like they don't even care about attracting voters any longer.

Limbaugh says that in their minds the only thing standing between them and their totalitarian socialist utopia where they are in charge is the necessity of winning elections, and they will therefore eventually move to eliminate them.

26 posted on 07/25/2018 7:51:30 PM PDT by E. Pluribus Unum (<img src="http://i.imgur.com/WukZwJP.gif" width=600><p>https://i.imgur.com/zXSEP5Z.gif)
[ Post Reply | Private Reply | To 19 | View Replies]

To: ealgeone

Not entirely true. Some is born by mgmt, some by the buyer, and some by shareholders, and yes some by consumers. But it is not 100% by consumers, for the same reason that the US won’t see a 10% price decrease this year despite profits going up 10% due to the corporate tax reform bill alone. But yes, it is certainly not good for the economy, but it is not true it all hits the consumer.


27 posted on 07/25/2018 7:53:24 PM PDT by rb22982
[ Post Reply | Private Reply | To 3 | View Replies]

To: lgjhn23
Who in their right mind would vote for a 50-90% personal income tax rate?

47% not paying anything and another 20% barely paying anything, along with a healthy % of people riddled with guilt.

28 posted on 07/25/2018 7:54:36 PM PDT by rb22982
[ Post Reply | Private Reply | To 14 | View Replies]

To: ealgeone
Doesn’t she understand businesses don’t pay taxes?

Of course she understands it, but like all elitists she considers herself vastly intellectually superior to us little people whom she considers too stupid to catch on. Upon consideration, anyone who votes Democrat IS too stupid to understand it.

29 posted on 07/25/2018 7:55:25 PM PDT by from occupied ga (Your government is your most dangerous enemy)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Col Frank Slade

Press told us he was brilliant. 49 states didn’t agree.


30 posted on 07/25/2018 7:57:40 PM PDT by Luke21 (The Hill sucks.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: E. Pluribus Unum; All
As another FReeper had indicated in tagline, the 16th Amendment effectively repealed the 13th Amendment.

Patriots need to support Pres. Trump in leading the states to repeal the 16th and ill-conceived 17th Amendments.

31 posted on 07/25/2018 8:00:38 PM PDT by Amendment10
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

But, it worked in MA!


32 posted on 07/25/2018 8:02:30 PM PDT by griffin
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

Warren, and the Democrats (sounds like some hideous, noisy lefty rock band) see the World through Marxist eyeballs. They are steeped in the Socialist juice, therefore they cannot see reality. They think everybody is looking through the same pair of glasses as they, thus they think we all want what they want. Socialism.

They’re wrong.....again.


33 posted on 07/25/2018 8:03:42 PM PDT by rockinqsranch (Dems, Libs, Socialists call 'em what you will they all have fairies livin' in their trees.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DannyTN

You left out confiscation.


34 posted on 07/25/2018 8:05:24 PM PDT by elcid1970 ("The Second Amendment is more important than Islam. Buy ammo.")
[ Post Reply | Private Reply | To 18 | View Replies]

To: E. Pluribus Unum

Pocahontas 50% tax goes hand in hand with the socialist Ocasio-Cortez, Cynthia Nixon, and the rest. Yes, we too can transform the US into North America’s own Venezuela. Yes we can.


35 posted on 07/25/2018 8:05:25 PM PDT by Reno89519 (No Amnesty! No Catch-and-Release! Just Say No to All Illegal Aliens! Arrest & Deport!y)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

36 posted on 07/25/2018 8:05:57 PM PDT by chris37 ("I am everybody." -Mark Robinson)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

Warren has a point.

Democrats have always been about higher taxes and big spending, and about half the voters in the country are dumb enough to believe that higher taxes and big spending solves all problems.

So, Liawatha may be onto something. Stupidity runs in the democratic party’s voting ranks.


37 posted on 07/25/2018 8:08:30 PM PDT by adorno
[ Post Reply | Private Reply | To 1 | View Replies]

To: rb22982

Nope sorry you are wrong there. The end consumer pays ALL costs of a product or service otherwise there is no product or service. Do you know any managers that work for free or pay to work? When someone buys a product for end use they pay every cost in the chain and that includes all taxes.


38 posted on 07/25/2018 8:12:56 PM PDT by precisionshootist
[ Post Reply | Private Reply | To 27 | View Replies]

To: from occupied ga

Businesses/shareholders DO pay taxes. For the same reason prices of goods didn’t drop 10% this year with corporate tax reform, not all costs can be passed onto consumer. Also ignores tradeoffs, US production cost variance and importing/exporting to other countries with more friendly trade policies.


39 posted on 07/25/2018 8:14:44 PM PDT by rb22982
[ Post Reply | Private Reply | To 29 | View Replies]

To: E. Pluribus Unum

Awesome running point- perhaps she can add “Because you’re finally doing so well, We’re going to take your homes from you and give them to illegal immigrants and immigrant muslims” Bet that will get them a lot of votes


40 posted on 07/25/2018 8:29:39 PM PDT by Bob434
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-98 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson