If Warren somehow wins, everybody will cash-out their 401(k)s and IRAs and stop working. We’d essentially become a barter economy. Who is going to work only to have their earnings confiscated?
The walk-in crowd are already on that cash economy and unload the health care on the American taxpayer.
“ If Warren somehow wins, everybody will cash-out their 401(k)s and IRAs and stop working. We’d essentially become a barter economy. Who is going to work only to have their earnings confiscated?”
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The uber rich and the merely wealthy will move their money, investments, etc, off shore to a tax friendly. And, they relocate themselves, family, businesses off shore as well. The people who will get screwed, long, wide and deep are the middle class and blue collar folks who will loose their jobs, saving, etc. but, hey, they’ll have free medical, free college, free daycare, etc, etc. free, free, free! And of course, how could I forget, open borders and free everything for everyone who enters. What a wonderful country this will be! Sarc/