Her fellow Democrats ARE NOT entertaining such a thing…
It would NEVER pass the US Senate even if Democrats where to get to 50/50 in seats with a Democratic President….
And what Democrat ANYWHERE beside s Warren and Sanders
(And maybe AOC) want’s to run on raising taxes ?
Democrats are giving a cold shoulder to Sen. Elizabeth Warren’s proposed wealth tax, one of the centerpieces of her presidential campaign.
The Massachusetts Democrat’s proposal is meant to address rising inequality in the United States. It would impose a 2 percent tax on the wealth of people with more than $50 million in assets, while those with assets more than $1 billion would face a 3 percent tax.
Warren would use revenue from the plan to pay for student debt relief, universal access to pre-K, child care and increased pay for child care workers.
Warren has seen her stock rise in the Democratic presidential primary in part on the strength of a string of plans she has presented on public policy. She’s just trailing former Vice President Joe Biden in a couple of recent national polls, and the wealth tax has approval from two-thirds of Americans, including 55 percent of Republicans, according to a poll by The New York Times.
But Democrats in charge of tax legislation on Capitol Hill have kept their distance from the plan, refusing to endorse the concept. They’ve instead focused on raising capital gains taxes and income taxes on the wealthy, as well as anti-poverty policies…..
Note…
Without her rich tax?
Her healthcare and student loan forgiveness plans are nonstarters….
She would be losing her major platform promise ‘s
This goes to the heart of her and Bernie Sanders promises with moderates…
Their programs WOULD entail tax increases for middle class Americans something Democrats do NOT want….
image….businessinsider.com
My Name Is Jack says
Amusing
James runs an article that specifically says,”…(Democrats are)focusing on RAISING(emphasis added) capital gains taxes and income taxes on the wealthy.”
Meanwhile he castigated Warrens Weath Tax with the claim,”And what Demcrat anywhere besides Warren and Sanders wants to run on raising taxes.”
Apparently ?A lot!
James do you even read these articles you post before making your editorial comments which often a totally the opposite of the article itself?
jamesb says
Those taxes also have little chance ….
Yews Jack…
The piece says Dem’s do NOT want to mess with the 2017 taX CUT/increase also…
The author is just as good as I am, eh?
My Name Is Jack says
Whether they have a chance or not has nothing to do with the editorial comment you made.
No, you look silly as usual.
Glad you finally read what you commented to on!
Nothing new though…
The Fact?Most Democrats have no problem with higher taxes on the wealthy.You do.We get it.Very Republican Of you James!
My Name Is Jack says
Further this silliness where Everything that anyone says here elicits your “not going to pass” routine?
Why even elect a Democrat President?I mean Nothing he /she supports is “going to pass” is it?
Once again,and as usual, you don’t understand that politics is about bringing issues forward.Sure most of it isn’t going “to pass” ,now.Its about building momentum for the future.This simple fact seems to be too much for your simple thinking to comprehend.
Democratic Socialist Dave says
No form of Obamacare — no matter how watered, weakened or compromised — was ever, ever going to pass.
Democratic Socialist Dave says
And peacetime income taxes — ¡ my God ! — were going to kill American initiative, enterprise and can-do. Besides that, you needed 2/3 of both Houses of Congress PLUS 3/4 of the states [36] to pass the 16th Amendment. Wasn’t gonna happen; could never happen; never did happen.
jamesb says
Democrats in Trump districts campaigning FOR tax increases AGAINST the RICH would be better to just campaign FOR their Republican opponents …
jamesb says
Now?
Just add the Democrats in middle class districts campaigning FOR tax INCREASES for ANYTHING?
Yea?
Donald Trump and the Republicans can just sit back and watch the Democrats fuck THEMSELVES….
Warren and Sanders ARE trying to sell YUGE tax INCREASES!…(Against the Rich for Warren…EVERYBODY from Sanders)
Like U would say Jack…
Read the damn fine print….
Biden is NOT…
The polls show the answers….
My Name Is Jack says
Wrong again as usual.
Biden has specifically called for tax increases on the wealthy to pay for health care and an increase in the capital gains tax.
So emotionally upset that your blatant falsehoods are being challenged ,you are now lashing out with more falsehoods.
Take a break James.
You are only embarrassing yourself further and doing a rather poor imitation of Donald Trump!
jamesb says
Biden’s plan would ROLL BACK tax gains for the rich already from the 2017 tax ‘cut’…
…
His campaign estimated the health care plan would cost about $750 billion over a decade and he proposed paying for it by rolling back some of President Trump’s tax breaks for the wealthy and by doubling the tax rates on capital gains….*
Sanders , again wants across the board tax increases that mainly fall on middle class tax payers and he don’t give a shit…
Sanders Defends Medicare For All Funding: “People Will Have To Pay Taxes,” “Health Care Is Not Free”…
More…
jamesb says
Again?
The polls show Democrats ain’t stupid….
jamesb says
No rise….
But good try….
My Name Is Jack says
Oh so you admit that Biden has called for tax increases when you mistakenly claimed earlier that he hasn’t?
And your juvenile “good try” routine?
Just the type of tactic Trump would use..When caught having made a false statement try desperately to “spin” the lie away.
Pitiful but,once again, a sad imitation of Donald Trump.
Why not try “fake news”next James?
Hahaha!
jamesb says
Sanders and the other’s who raised their hands where calling for ACROSS THE BOARD tax increases too ALL who pay taxes….
You DO know that Harris and others have backed AWAY from Sanders approach?
BTW?
Biden Is the strong push for Obamacare….
The others have actually got themselves in hot water for dissing Obama…
jamesb says
People forget….
Barack Obama got Obamacare thru a Democratic Majority House and Senate….
jamesb says
Jack?
I know u want a rise out of me….
No joy….
We ALL can count….
House Dem majority
Senate GOP majority….(2 Dem’s in Trump states)
Case closed….
My Name Is Jack says
Get a “ rise” out of you?No
I just point out your inability to understand what you post, your ignorance of what politics is all about,your blatant hypocrisies,your penchant for responding to valid questions and criticisms with verbiage that has nothing to do with the points raised(see your post above),and the incoherence of much of what you post here.
I will continue to do so.
jamesb says
No problem….
I will continue to point to ur inconsistencies also…
My Name Is Jack says
Oh please do.
The problem, as everyone here knows,is that your “pointing our” consists of a mass of usually incoherent mishmash that has nothing to do with the original post you claim to be responding to.(see your post @12:26)
The plain fact is,of course, that all of the “inconsistencies” of everyone who posts here are infinitesimal compared to yours.
My Name Is Jack says
Personally, I don’t give a damn how much taxes wealthy people pay.
I leave the bewailing and pity for the multi millionaires and billionaires to the Republicans and James.
I mean you can’t expect these poor folks to get by on say 295 million.They need 300 million!Tis a pity.