Math isn’t Senator Elizabeth Warren’s strong suit. But socialists usually aren’t very good at math. 2 + 2 = 4 is too limiting. It would imply that you can’t have 100% plus taxes.
And that’s just wrong.
Democratic presidential candidate Elizabeth Warren has unveiled sweeping tax proposals that would push federal tax rates on some billionaires and multimillionaires above 100%.
That prospect raises questions for taxpayers and the broader economy that experts are starting to ponder: Under which circumstances would taxpayers have to pay those rates? How might that change their behavior? And would investment and economic growth suffer?
It’s okay. They’ll move their money out of America.
There’ll be no money to pay for Warren’s crazy promises and even crazier lies, and she’ll respond by doing exactly what she’s promising not to do, which is raise taxes on the middle class.
Nobody with that kind of money is going to pay 100% tax rates. Never mind over 100% tax rates in Warrenmathics.
Warren knows this. She’s just hoping her supporters are so stupid that they don’t. And she’s probably right. You don’t get paid six figures to teach one Harvard course without knowing your audience.
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