No Crying for Argentina Tonight: New Argentinian President Reduces Size of Government on...
Elon Musk Says He is Willing to Endure Prison for Free Speech
Drain the Swamy: Big Leak From the Ramaswamy Campaign Live on Twitter Spaces
NYT: Conservatives 'Seize' on College Antisemitism (We Prefer 'Pouncing')
Guess Which Party, According to Rasmussen Reports, Voters Trust More on Taxes
Guy’s Insane Rittenhouse Tweet Gets Community Note Treatment
Just Gets WORSE: Detailed Critique of Claudine Gay's Admin History BEFORE Becoming Harvard...
Dude, You're NOT God: Fauci's Comments About Why He Stopped 'Practicing' Catholicism Are...
Bill Maher Throws SERIOUS Shade at Crime-Ridden Blue Cities With His Bit on...
HA! Marc Elias Learns JUST How Sick of His Shiznit People Are After...
REEE *Breathes* REEE *Gasps*! Here are some of the BEST Meltdowns Over Alex...
Cori Bush Out-Stupids Even AOC (No Small Feat!) Trying to Shame MO for...
He's Back: Elon Musk Reinstates Alex Jones
Smoking GUN: Leaked, Woke AF 2020 Memo from Harvard Pres. Claudine Gay Exposes...
College Professors Sure Do Have a Problem With Whiteness

'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.


Trending on Twitchy Videos