Results 1 to 1 of 1
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
03-03-2021, 11:58 AM #1
Rand Paul: Democrat "Class-Warfare Wealth-Tax Will Destroy Our Country"
Rand Paul: Democrat "Class-Warfare Wealth-Tax Will Destroy Our Country"
WEDNESDAY, MAR 03, 2021 - 8:30
Authored by Steve Watson via Summit News,
Senator Rand Paul has warned that a Democrat proposed ‘wealth tax’ is fundamentally “un-American” and will kill off entrepreneurship.
Appearing on Fox Business, Paul spoke about the ‘extreme’ plan being pushed by Sen. Elizabeth Warren, urging that “A wealth tax will destroy our country.”
Watch:
(2426) $15 minimum wage 'makes no economic sense': Rand Paul - YouTube
“It’s not good for our country,” Paul said explaining that “This class warfare, punitive stuff that some of these Democrats want – it’s un-American.
“It’s bad for business and it’s bad for everybody,” Paul continued, adding “Because capitalism uplifts all.”
The plan would see higher taxes on the “rich”, with Bloomberg News analysis concluding that the 100 richest Americans would have their income shrink by $78 billion per year.
The plan would impose a 2% annual tax on the net worth of households worth $50 million and above, as well as an additional 1% tax on holdings of $1 billion upwards.
Paul argued that “capitalism, trade and division of labor” in the US means it has a poverty level that is one of the lowest internationally.
The Senator pointed to other countries that have attempted wealth taxes, and failed.
“The class warfare people need to get a grip on what happens,” Paul declared, adding “When they take over, we become Venezuela and I don’t want that for our country either.”
Rand Paul: Democrat "Class-Warfare Wealth-Tax Will Destroy Our Country" | ZeroHedge
If you're gonna fight, fight like you're the third monkey on the ramp to Noah's Ark... and brother its starting to rain. Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
Similar Threads
-
FOX HOST SAYS "INTEL SOURCE" CLAIMS TRUMP WON THE ELECTION, RAND PAUL SAYS THE ELECTI
By Airbornesapper07 in forum Other Topics News and IssuesReplies: 0Last Post: 12-16-2020, 10:00 PM -
Rand Paul Defends Cliven Bundy: "Federal Government Shouldn't Violate The Law"
By HAPPY2BME in forum General DiscussionReplies: 5Last Post: 04-24-2014, 02:35 PM -
Rand Paul: "Republicans Will Not Win Again" Without Total "Transformation"
By kathyet2 in forum General DiscussionReplies: 0Last Post: 02-17-2014, 12:26 PM -
Rand Paul takes on John Kerry "Why are you pushing at act of war?" -
By kathyet2 in forum General DiscussionReplies: 11Last Post: 09-09-2013, 10:24 AM -
Rand Paul To Energy Secretary Chu: "Why Are We Giving $500M Loan To A Billionaire?"
By AirborneSapper7 in forum Other Topics News and IssuesReplies: 0Last Post: 03-13-2012, 05:39 PM
If You Don’t Build It, They Will Come: The BorderLine
03-29-2024, 07:37 AM in illegal immigration News Stories & Reports