Taxes
The New York Times conceded a crucial point that flies in the face of liberals who want to tax the ultra-rich and redistribute wealth.
Leading up to their second chance to host a 2020 Democratic debate, NBC News had been running a biased series where they only sought out “What Matters” to Democratic voters. For last Thursday’s installment, the network promoted former HUD Secretary Julian Castro’s plan to lower taxes for the middle class. Then, on the eve of the debate, they seemed to suggest only Democrats cared about the opioid crisis while boosting Senator Bernie Sander’s Medicare for all scheme.
On The View Tuesday, in the absence of co-host Joy Behar, it was Whoopi Goldberg and Sunny Hostin’s turns to make ridiculous statements. While discussing Hunter Biden’s disastrous interview on ABC this morning, Hostin tried to make the case that Biden was actually qualified for the lucrative Ukraine gas company position, and it wasn’t a result of his father’s influence.On the other hand, Whoopi argued that Democrats needed to focus on the economy, instead in tonight’s debate, and convince Americans how they’re going to help lower their taxes. Sounds like Whoopi needs to switch parties.
More than 30 years after President Ronald Reagan left office, MSNBC contributor Eddie Glaude on Sunday was still blaming him for modern economic problems during a discussion of the Democratic presidential race. On Up with David Gura, as Glaude gushed over Elizabeth Warren's performance in the last debate, he even claimed that Democrats have been "complicit" along with Republicans in implementing Reaganesque economic policy.
On Tuesday afternoon's MSNBC Live, host Katy Tur surprisingly pressed Bernie Sanders's campaign manager from the right several times as she discussed economic policy with Faiz Shakir. As she brought up arguments that the candidate's plans to tax businesses and redistribute income would drive businesses to move to other countries, the MSNBC host either seemed like she's either finally decided to insert both sides of the issues into her show, or perhaps she's just secretly cheering for Elizabeth Warren or Joe Biden because they are perceived as more electable that Sanders.
If politics is like a poker game, Sen. Bernie Sanders, I-VT, just raised against Sen. Elizabeth Warren, D-MA, by proposing a wealth tax scheme even more confiscatory than hers. Punishing the wealthy is the clear object of both plans. Sanders tweeted on Sept. 24, “Billionaires should not exist” as he promoted his wealth tax plan.
When 2020 Democratic presidential candidate and Senator Elizabeth Warren first proposed an annual wealth tax, she claimed it would be just “a little piece,” “a little portion” of the “bazillion” they’ve made.New evidence from her own economists revealed that her constitutionally-challenged two percent (or higher) annual wealth tax would take far more than a little. Try half or more.
During a live edition of NBC’s Late Night early Thursday morning, left-wing host Seth Meyers attacked MSNBC’s Chris Matthews for daring to challenge Elizabeth Warren on her extreme socialist health care plan following Tuesday night’s Democratic debate. Meyers savaged the Hardball host and accused him of trying to “mansplain” to the 2020 presidential candidate.
Left-wing economist and columnist Paul Krugman attacked President Donald Trump’s tax cuts as “the biggest giveaway to other nations since the Marshall Plan” in his New York Times column July 25. He criticized Trump’s “hidden” program for sending about $40 billion a year to “wealthy foreign investors.” Forbes contributor and freelance journalist Simon Constable, who has written for many financial publications, wasn’t having any of it. He chided Krugman for getting hold of “the wrong stick entirely” regarding Trump’s corporate tax cuts.
CNN host Anderson Cooper pressed Warren on what her ideas would cost people, particularly union workers, who liked their health insurance. Meanwhile, MSNBC host Chris Matthews absolutely grilled the Senator about how much taxes would need to go up to pay for it all and her refusal to answer the question.
The Founders of the United States of America warned against massive federal debt, but, to our detriment, their political descendants are not paying attention. The Founders speak to us from their graves to condemn and warn of the consequences now that President Trump and Congress have come to an agreement about lifting the meaningless “debt ceiling” and increasing already massive federal spending and the debt, which is at $22 trillion and growing rapidly.
CNBC editor-at-large John Harwood didn’t just interview 2020 Democratic candidate Beto O’Rourke about the economy July 5. He literally asked questions while eating Mexican food with the candidate. That jovial setting was perfect for the easy and friendly interview Harwood conducted. Harwood often lets his liberal views show on CNBC. CNBC.com described the interview as O’Rourke “filling in the blanks” on his economic plans which included raising taxes.