Just DAMNING! Ex-Biden Aides Just Gave Joe Up, Admit They Knew He Was...
WOW! Biden's Granddaughter Naomi Goes OFF on Jake Tapper and His 'Fairy Smut'...
'Days of That CRAP Are OVER': Trump Responds to LaMonica McIver's Arrest As...
TWENTY (Count 'Em) Reasons the GOP Has Got to GET IT TOGETHER and...
Investigate! Trump Says It’s Time We Learn Who Was in Charge of the...
Cry HARDER: Community Notes NUKES Rep LaMonica McIver's Statement About Assault Charges an...
GTFO: CBS News Medical Contributor's Claim About Why Doctors REALLY 'Missed' Biden's Cance...
MANTRUM Alert! Kurt Eichenwald Goes After 'MAGA Morons' in Rage-Filled RANT About Biden's...
Operation Guardian Angel Forces California Jails to Cooperate With ICE Despite Sanctuary P...
Hakeem Jeffries and Dems Announce ‘Look Forward’ Policy to Avoid Talking About Biden...
Seashell of a Man: Golly Gee ‘Grandpa’ Comey Isn’t Fooling Anyone About His...
Flashback: Legacy Media Pushed Pause for Biden’s Cancer but Blamed Trump for Assassination...
Flashback: Hakeem Jeffries Threatened Consequences If ICE-Clashing Dems Were Charged - Now...
Her Body, Her Choice: UCLA Student on Pro-Palestine Hunger Strike Blames School for...
The Real ‘Big Lie’: Scott Jennings Says Legacy Media and Dems Should Feel...
Premium

'You don't say'! Guess what this 'nonpartisan analysis' of Elizabeth Warren's wealth tax proposal found

Elizabeth Warren likes to be known as the Democrat candidate with a “plan” for everything. One of Warren’s latest plans is for a so-called Blue New Deal (in addition to the Green New Deal which apparently isn’t comprehensive or expensive enough). However, Warren’s still pushing some of her previous plans, and one of which is a “wealth tax.”

An analysis of Warren’s wealth tax has found that her campaign’s numbers are way off:

Color us 1/1024ths shocked!

More from the Associated Press:

But some potential hurdles of doing so were on display earlier Thursday, when the University of Pennsylvania’s Penn Wharton Budget Model, which provides nonpartisan analysis of public policy proposals, released findings showing that Warren’s wealth tax will raise between $2.3 trillion and $2.7 trillion over 10 years. That’s as much as $1.4 trillion less than Warren’s campaign estimates.

The analysis also concludes that the new taxes would cause the economy to contract between 0.9% and 2.1% by 2050 and says the new tax would reduce “private capital formation” enough to drive the U.S. economy’s average wage down between 0.9% and 2.3%, even affecting households not rich enough to qualify for the tax.

Maybe some intrepid reporter can ask the “I’ve got a plan for that” if she’s got a plan for how to respond after her original plans backfire horribly.

Warren has no shortage of them to sell, that’s for sure.

Recommended

Trending on Twitchy Videos