Elizabeth Warren’s Wealth Tax – How to Destroy the United States in Less than 10 years
Do you know what is wonderful about taxes that target the rich? They never remain there.
Take the income tax in the United States. That was sold on the idea of taking those who made more than $3,000 when people made 30 cents an hour. It made sense to an approving public. Look at it now.
Elizabeth Warren proposed a wealth tax. 2% of the wealth on those with $50 million or more. This is how it is sold. Yes tax the rich. Unfortunately, the tax won't stay there. History proves that politicians cannot keep their hands off more taxes. The impending pension implosion will only create a bigger need.
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