Warren now the most likely nominee according to some betting markets

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No. I mean I’m Gen X 2 jobs two kids in a high COL area. And by the time college becomes affordable, we will have already sacrificed a lot to put our kids through full pay. After paying full freight for daycare. After our students loans are paid off. After we have paid 20 years or more of high health insurance premiums and huge co-pays and are about to qualify for Medicare. Everything was so much more expensive for me than it was for my parents. For childcare to housing to healthcare to college. I need to be saving for retirement. It would be nice after years of watching every penny to have some discretionary income once my kids are done with college. It’s hard to swallow higher taxes for zero additional services for me. And I am tired of being the donut hole everything in a generation that doesn’t matter because it has small numbers.

I want everyone to have access to college. And healthcare. And quality childcare. But I paid $71,000 in federal taxes last year, contribute $40,000 a year to Kid 1’s education, with Kid 2 soon to follow, and none of it is tax deductible, max out my retirement because we had job loss during the recession, pay $800 a month for health insurance, and have over $10,000 out of pocket already this year, commute 45 minutes each way to live in a house we can afford in a good school district, drive a 7 year old Subaru and am not living in the lap of luxury. I’m contributing what I can. I can’t afford another $30,000 in taxes so someone else gets their student loan debt wiped out, when we gave up so much so our kids wouldn’t have any. Maybe that’s selfish. Or, maybe it’s pragmatic.

This is right on the money (no pun intended). There are lots of us that likely agree with the progressive dems on lots of issues, but we don’t want to be their ATM.

What you aren't factoring in to your personal equation is the money you wouldn't be spending on a number of services because they would be part of your taxes instead of additional line items on your personal budget.

For Gen X, which ones?

Not college loans. Paid off.
Not childcare. Kids are too old
Not paid family leave. Again— kids too old.
Not college. Kid 1 will be out and Kid 2 will be done or close
Not healthcare. I’m not going to come out better than Fed health insurance. And I will hit Medicare soon anyway.

Boomers are in retirement and paying less in taxes. It’s a wealth shift from Gen X to Millennials.

This!!!!!!!!!! It is sickening.

it's actually a wealth transfer from responsible people to people who can't plan and live beyond their means but hey that's the democratic party for you. Anything to buy votes personal responsibility be damned

signed millennial who actually picked an affordable college majored in something that would actually pay waited on kids until we could afford it. Picked a part of the country where we could afford decent housing and childcare costs. We are also saving for college I guess we should stop doing that. And for healthcare for anyone with a decent job healthcare comes from your employer and if you make over 50k guess what costs are going up and coverage quality is going to go down if the ds have their way.

Yes. This. All day long. I lived the same responsible life, scrimped and saved and did without to have what little we have. And now the Ds want to.take what we rightfully earned away and give it to those who mishandled their lives and live beyond their means to project a certain image.

Another PP hit the nail on the head. Warren's ...and other D's...proposed taxes with hit those with salaries the hardest. That's the easiest money to tax. The salaries. The non wealthy...That is the middle class for you ignorant people dreaming of free stuff.

The rich know how to hide their money. The rich D's on this thread aren't sweating because they know how to shelter their money and they have the means to do it. The middle class be be taxed into nonexistence. And if you don't think the middle class sees this...you are dead wrong.

I am a “responsible” person too and I want middle class people to have access to college and healthcare, even if I end up paying more.

Why?

Because if I want my children to live in a dynamic and healthy society other people and their children need to have access to those things. I do not want to be a rich woman in a poor country- that’s the life my parents left. I would rather be a middle class person in a rich country.

If you get your way, there won't be a middle class left. You'll be a poor person in a rich country where the only wealth is concentrated among the elites.

Warren's taxes will come from middle class salaried workers. Middle middle to upper middle to a handful of upper class (those making 1,000,000 to 5,000,000). The truly wealthy (the Dems' fundraising base 5 mil plus) will never feel the pinch. Life will go on for them at the top of the heap.

Meanwhile, you'll have middle class workers seeing much less in their checks. As a result omes being foreclosed upon because they can no longer afford the mortgage, senior citizens will lose the equity in their homes, nest eggs will disappear, the housing market will tank. People hoarding what money they have and refusing to invest for fear of more taxes. The stock market will tank.

The easiest taxes to get are the ones that come out of the the paycheck. Those with salaries and hourlies who make too much an hour.

I hope your virtue signaling is enough to keep you warm at night when it all goes belly up. Hard to believe how stupid, selfish and short sided liberals are.

Congratulations on your impassioned fever dream.

When there is a tax proposal on the table, I’ll discuss it with someone sane- thanks!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She’s phenomenal. Her politics are too progressive for my taste. But she was interviewed on NPR yesterday. And it reminded me how good she is. She did a great job in the debates. But they were too fragmented between 10 people to realize just how relatable she is.

She was asked on NPR about a time she failed. And she talked about “having it all”— two kids, and a nice house to run and a job as a law school professor. But she felt like she was failing her kids and failing her job, because she couldn’t do it all well. And untimely her aunt moved in and helped. And I was like— this woman gets it. I have had small kids and felt like nothing I did at work or at home was up to par. And she can articulate it in an manner that is relatable.

She talked about her dad having a heart attack, and he Mom entering the workforce in a minimum wage job at 50, and it being enough to keep her family afloat. And I remember my mom getting divorced, and child support being uncertain, but we owned a small house and never went without on her teachers salary.

She was also asked about her wardrobe, with is a black top, and black pants and a jewel covered blazer (I’d never noticed this). And she was like— it takes me 4 minutes to get ready in the morning, it doesn’t stain, and It’s one less thing to think about.

If Biden “gets” middle aged white men in the rust belt, Warren “gets” working moms and women in general. And only 33% of women support Trump. Someone who can speak to women in a relatable way could do an amazing job. She also seems to get economic populism in a way most Ds don’t.

I’m more of a Harris or Klobucher voter on policy. But when I hear Warren talk, she could be one of my friends, and I would love to get a beer with her. And I might not agree with everything she says, but it seems well thought out.

Go Liz!

When you say she's too progressive for your taste, what you mean is you are too selfish for her vision.

No. I mean I’m Gen X 2 jobs two kids in a high COL area. And by the time college becomes affordable, we will have already sacrificed a lot to put our kids through full pay. After paying full freight for daycare. After our students loans are paid off. After we have paid 20 years or more of high health insurance premiums and huge co-pays and are about to qualify for Medicare. Everything was so much more expensive for me than it was for my parents. For childcare to housing to healthcare to college. I need to be saving for retirement. It would be nice after years of watching every penny to have some discretionary income once my kids are done with college. It’s hard to swallow higher taxes for zero additional services for me. And I am tired of being the donut hole everything in a generation that doesn’t matter because it has small numbers.

I want everyone to have access to college. And healthcare. And quality childcare. But I paid $71,000 in federal taxes last year, contribute $40,000 a year to Kid 1’s education, with Kid 2 soon to follow, and none of it is tax deductible, max out my retirement because we had job loss during the recession, pay $800 a month for health insurance, and have over $10,000 out of pocket already this year, commute 45 minutes each way to live in a house we can afford in a good school district, drive a 7 year old Subaru and am not living in the lap of luxury. I’m contributing what I can. I can’t afford another $30,000 in taxes so someone else gets their student loan debt wiped out, when we gave up so much so our kids wouldn’t have any. Maybe that’s selfish. Or, maybe it’s pragmatic.

OMG I completely get you! I am with you. I love many things about Warren, but agree totally with what you are saying.

Go back and read the posts replying to the one you just replied to. People... excoriated her.

And other people like me and PP support her. Why should we be taxed to the point of breaking...of having to sell our homes? You know that's what is will come down to, right? People who bought their homes making a set amount of $ are going to have to sell because after paying tens of thousands more in taxes, they won't be able to afford their mortgages.

Crash the real estate market, the market, the economy. That will effect everyone. Literally. Every. One. Did any of you even take an economics class? Did you even go to college?

There are a lot of selfish a holes on this thread and it's not the responsible PPs or me who worked hard and scrimped and saved for what we have, it's those of you who mishandled your own lives and now you want us to pay dearly for your mistakes.

I hate Trump. Despise him. but Trump by a landslide if Warren is the nominee.

You make $50 million a year? Because that’s who she’s talking about taxing.

She was point blank asked if taxes would go up on the middle class and she went silent and refused to answer the question. There aren't enough people making $50 million a year to pay for all of the freebies promised by Warren Bernie and the rest. Are you really that stupid?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No. I mean I’m Gen X 2 jobs two kids in a high COL area. And by the time college becomes affordable, we will have already sacrificed a lot to put our kids through full pay. After paying full freight for daycare. After our students loans are paid off. After we have paid 20 years or more of high health insurance premiums and huge co-pays and are about to qualify for Medicare. Everything was so much more expensive for me than it was for my parents. For childcare to housing to healthcare to college. I need to be saving for retirement. It would be nice after years of watching every penny to have some discretionary income once my kids are done with college. It’s hard to swallow higher taxes for zero additional services for me. And I am tired of being the donut hole everything in a generation that doesn’t matter because it has small numbers.

I want everyone to have access to college. And healthcare. And quality childcare. But I paid $71,000 in federal taxes last year, contribute $40,000 a year to Kid 1’s education, with Kid 2 soon to follow, and none of it is tax deductible, max out my retirement because we had job loss during the recession, pay $800 a month for health insurance, and have over $10,000 out of pocket already this year, commute 45 minutes each way to live in a house we can afford in a good school district, drive a 7 year old Subaru and am not living in the lap of luxury. I’m contributing what I can. I can’t afford another $30,000 in taxes so someone else gets their student loan debt wiped out, when we gave up so much so our kids wouldn’t have any. Maybe that’s selfish. Or, maybe it’s pragmatic.

This is right on the money (no pun intended). There are lots of us that likely agree with the progressive dems on lots of issues, but we don’t want to be their ATM.

What you aren't factoring in to your personal equation is the money you wouldn't be spending on a number of services because they would be part of your taxes instead of additional line items on your personal budget.

For Gen X, which ones?

Not college loans. Paid off.
Not childcare. Kids are too old
Not paid family leave. Again— kids too old.
Not college. Kid 1 will be out and Kid 2 will be done or close
Not healthcare. I’m not going to come out better than Fed health insurance. And I will hit Medicare soon anyway.

Boomers are in retirement and paying less in taxes. It’s a wealth shift from Gen X to Millennials.

This!!!!!!!!!! It is sickening.

it's actually a wealth transfer from responsible people to people who can't plan and live beyond their means but hey that's the democratic party for you. Anything to buy votes personal responsibility be damned

signed millennial who actually picked an affordable college majored in something that would actually pay waited on kids until we could afford it. Picked a part of the country where we could afford decent housing and childcare costs. We are also saving for college I guess we should stop doing that. And for healthcare for anyone with a decent job healthcare comes from your employer and if you make over 50k guess what costs are going up and coverage quality is going to go down if the ds have their way.

Yes. This. All day long. I lived the same responsible life, scrimped and saved and did without to have what little we have. And now the Ds want to.take what we rightfully earned away and give it to those who mishandled their lives and live beyond their means to project a certain image.

Another PP hit the nail on the head. Warren's ...and other D's...proposed taxes with hit those with salaries the hardest. That's the easiest money to tax. The salaries. The non wealthy...That is the middle class for you ignorant people dreaming of free stuff.

The rich know how to hide their money. The rich D's on this thread aren't sweating because they know how to shelter their money and they have the means to do it. The middle class be be taxed into nonexistence. And if you don't think the middle class sees this...you are dead wrong.

I am a “responsible” person too and I want middle class people to have access to college and healthcare, even if I end up paying more.

Why?

Because if I want my children to live in a dynamic and healthy society other people and their children need to have access to those things. I do not want to be a rich woman in a poor country- that’s the life my parents left. I would rather be a middle class person in a rich country.

This x 1 million.

If we lift up others, we lift up everyone, including ourselves.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No. I mean I’m Gen X 2 jobs two kids in a high COL area. And by the time college becomes affordable, we will have already sacrificed a lot to put our kids through full pay. After paying full freight for daycare. After our students loans are paid off. After we have paid 20 years or more of high health insurance premiums and huge co-pays and are about to qualify for Medicare. Everything was so much more expensive for me than it was for my parents. For childcare to housing to healthcare to college. I need to be saving for retirement. It would be nice after years of watching every penny to have some discretionary income once my kids are done with college. It’s hard to swallow higher taxes for zero additional services for me. And I am tired of being the donut hole everything in a generation that doesn’t matter because it has small numbers.

I want everyone to have access to college. And healthcare. And quality childcare. But I paid $71,000 in federal taxes last year, contribute $40,000 a year to Kid 1’s education, with Kid 2 soon to follow, and none of it is tax deductible, max out my retirement because we had job loss during the recession, pay $800 a month for health insurance, and have over $10,000 out of pocket already this year, commute 45 minutes each way to live in a house we can afford in a good school district, drive a 7 year old Subaru and am not living in the lap of luxury. I’m contributing what I can. I can’t afford another $30,000 in taxes so someone else gets their student loan debt wiped out, when we gave up so much so our kids wouldn’t have any. Maybe that’s selfish. Or, maybe it’s pragmatic.

This is right on the money (no pun intended). There are lots of us that likely agree with the progressive dems on lots of issues, but we don’t want to be their ATM.

What you aren't factoring in to your personal equation is the money you wouldn't be spending on a number of services because they would be part of your taxes instead of additional line items on your personal budget.

For Gen X, which ones?

Not college loans. Paid off.
Not childcare. Kids are too old
Not paid family leave. Again— kids too old.
Not college. Kid 1 will be out and Kid 2 will be done or close
Not healthcare. I’m not going to come out better than Fed health insurance. And I will hit Medicare soon anyway.

Boomers are in retirement and paying less in taxes. It’s a wealth shift from Gen X to Millennials.

This!!!!!!!!!! It is sickening.

it's actually a wealth transfer from responsible people to people who can't plan and live beyond their means but hey that's the democratic party for you. Anything to buy votes personal responsibility be damned

signed millennial who actually picked an affordable college majored in something that would actually pay waited on kids until we could afford it. Picked a part of the country where we could afford decent housing and childcare costs. We are also saving for college I guess we should stop doing that. And for healthcare for anyone with a decent job healthcare comes from your employer and if you make over 50k guess what costs are going up and coverage quality is going to go down if the ds have their way.

Yes. This. All day long. I lived the same responsible life, scrimped and saved and did without to have what little we have. And now the Ds want to.take what we rightfully earned away and give it to those who mishandled their lives and live beyond their means to project a certain image.

Another PP hit the nail on the head. Warren's ...and other D's...proposed taxes with hit those with salaries the hardest. That's the easiest money to tax. The salaries. The non wealthy...That is the middle class for you ignorant people dreaming of free stuff.

The rich know how to hide their money. The rich D's on this thread aren't sweating because they know how to shelter their money and they have the means to do it. The middle class be be taxed into nonexistence. And if you don't think the middle class sees this...you are dead wrong.

I am a “responsible” person too and I want middle class people to have access to college and healthcare, even if I end up paying more.

Why?

Because if I want my children to live in a dynamic and healthy society other people and their children need to have access to those things. I do not want to be a rich woman in a poor country- that’s the life my parents left. I would rather be a middle class person in a rich country.

This x 1 million.

If we lift up others, we lift up everyone, including ourselves.

I hope the virtue you are signaling is enough to keep a roof over your head and food on your plate when the economy crashes. Spoken like a true liberal elite. "I have so much money I can afford to be virtuous".

So out of touch which is why you will lose. People who actually have to count their dollars and cents and work for a living knows Warren is coming for them to give away more freebies baesd on their hard earned work.

[Anonymous]

Warren has not said what her healthcare plan is and how she will pay for it

Everything else is just noise

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No. I mean I’m Gen X 2 jobs two kids in a high COL area. And by the time college becomes affordable, we will have already sacrificed a lot to put our kids through full pay. After paying full freight for daycare. After our students loans are paid off. After we have paid 20 years or more of high health insurance premiums and huge co-pays and are about to qualify for Medicare. Everything was so much more expensive for me than it was for my parents. For childcare to housing to healthcare to college. I need to be saving for retirement. It would be nice after years of watching every penny to have some discretionary income once my kids are done with college. It’s hard to swallow higher taxes for zero additional services for me. And I am tired of being the donut hole everything in a generation that doesn’t matter because it has small numbers.

I want everyone to have access to college. And healthcare. And quality childcare. But I paid $71,000 in federal taxes last year, contribute $40,000 a year to Kid 1’s education, with Kid 2 soon to follow, and none of it is tax deductible, max out my retirement because we had job loss during the recession, pay $800 a month for health insurance, and have over $10,000 out of pocket already this year, commute 45 minutes each way to live in a house we can afford in a good school district, drive a 7 year old Subaru and am not living in the lap of luxury. I’m contributing what I can. I can’t afford another $30,000 in taxes so someone else gets their student loan debt wiped out, when we gave up so much so our kids wouldn’t have any. Maybe that’s selfish. Or, maybe it’s pragmatic.

This is right on the money (no pun intended). There are lots of us that likely agree with the progressive dems on lots of issues, but we don’t want to be their ATM.

What you aren't factoring in to your personal equation is the money you wouldn't be spending on a number of services because they would be part of your taxes instead of additional line items on your personal budget.

For Gen X, which ones?

Not college loans. Paid off.
Not childcare. Kids are too old
Not paid family leave. Again— kids too old.
Not college. Kid 1 will be out and Kid 2 will be done or close
Not healthcare. I’m not going to come out better than Fed health insurance. And I will hit Medicare soon anyway.

Boomers are in retirement and paying less in taxes. It’s a wealth shift from Gen X to Millennials.

This!!!!!!!!!! It is sickening.

it's actually a wealth transfer from responsible people to people who can't plan and live beyond their means but hey that's the democratic party for you. Anything to buy votes personal responsibility be damned

signed millennial who actually picked an affordable college majored in something that would actually pay waited on kids until we could afford it. Picked a part of the country where we could afford decent housing and childcare costs. We are also saving for college I guess we should stop doing that. And for healthcare for anyone with a decent job healthcare comes from your employer and if you make over 50k guess what costs are going up and coverage quality is going to go down if the ds have their way.

Yes. This. All day long. I lived the same responsible life, scrimped and saved and did without to have what little we have. And now the Ds want to.take what we rightfully earned away and give it to those who mishandled their lives and live beyond their means to project a certain image.

Another PP hit the nail on the head. Warren's ...and other D's...proposed taxes with hit those with salaries the hardest. That's the easiest money to tax. The salaries. The non wealthy...That is the middle class for you ignorant people dreaming of free stuff.

The rich know how to hide their money. The rich D's on this thread aren't sweating because they know how to shelter their money and they have the means to do it. The middle class be be taxed into nonexistence. And if you don't think the middle class sees this...you are dead wrong.

I am a “responsible” person too and I want middle class people to have access to college and healthcare, even if I end up paying more.

Why?

Because if I want my children to live in a dynamic and healthy society other people and their children need to have access to those things. I do not want to be a rich woman in a poor country- that’s the life my parents left. I would rather be a middle class person in a rich country.

This x 1 million.

If we lift up others, we lift up everyone, including ourselves.

I hope the virtue you are signaling is enough to keep a roof over your head and food on your plate when the economy crashes. Spoken like a true liberal elite. "I have so much money I can afford to be virtuous".

So out of touch which is why you will lose. People who actually have to count their dollars and cents and work for a living knows Warren is coming for them to give away more freebies baesd on their hard earned work.

Yes, grab your money. Don’t worry about the rich getting richer while the poor are getting poorer. It’s not YOUR problem, right?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She’s phenomenal. Her politics are too progressive for my taste. But she was interviewed on NPR yesterday. And it reminded me how good she is. She did a great job in the debates. But they were too fragmented between 10 people to realize just how relatable she is.

She was asked on NPR about a time she failed. And she talked about “having it all”— two kids, and a nice house to run and a job as a law school professor. But she felt like she was failing her kids and failing her job, because she couldn’t do it all well. And untimely her aunt moved in and helped. And I was like— this woman gets it. I have had small kids and felt like nothing I did at work or at home was up to par. And she can articulate it in an manner that is relatable.

She talked about her dad having a heart attack, and he Mom entering the workforce in a minimum wage job at 50, and it being enough to keep her family afloat. And I remember my mom getting divorced, and child support being uncertain, but we owned a small house and never went without on her teachers salary.

She was also asked about her wardrobe, with is a black top, and black pants and a jewel covered blazer (I’d never noticed this). And she was like— it takes me 4 minutes to get ready in the morning, it doesn’t stain, and It’s one less thing to think about.

If Biden “gets” middle aged white men in the rust belt, Warren “gets” working moms and women in general. And only 33% of women support Trump. Someone who can speak to women in a relatable way could do an amazing job. She also seems to get economic populism in a way most Ds don’t.

I’m more of a Harris or Klobucher voter on policy. But when I hear Warren talk, she could be one of my friends, and I would love to get a beer with her. And I might not agree with everything she says, but it seems well thought out.

Go Liz!

When you say she's too progressive for your taste, what you mean is you are too selfish for her vision.

No. I mean I’m Gen X 2 jobs two kids in a high COL area. And by the time college becomes affordable, we will have already sacrificed a lot to put our kids through full pay. After paying full freight for daycare. After our students loans are paid off. After we have paid 20 years or more of high health insurance premiums and huge co-pays and are about to qualify for Medicare. Everything was so much more expensive for me than it was for my parents. For childcare to housing to healthcare to college. I need to be saving for retirement. It would be nice after years of watching every penny to have some discretionary income once my kids are done with college. It’s hard to swallow higher taxes for zero additional services for me. And I am tired of being the donut hole everything in a generation that doesn’t matter because it has small numbers.

I want everyone to have access to college. And healthcare. And quality childcare. But I paid $71,000 in federal taxes last year, contribute $40,000 a year to Kid 1’s education, with Kid 2 soon to follow, and none of it is tax deductible, max out my retirement because we had job loss during the recession, pay $800 a month for health insurance, and have over $10,000 out of pocket already this year, commute 45 minutes each way to live in a house we can afford in a good school district, drive a 7 year old Subaru and am not living in the lap of luxury. I’m contributing what I can. I can’t afford another $30,000 in taxes so someone else gets their student loan debt wiped out, when we gave up so much so our kids wouldn’t have any. Maybe that’s selfish. Or, maybe it’s pragmatic.

OMG I completely get you! I am with you. I love many things about Warren, but agree totally with what you are saying.

Go back and read the posts replying to the one you just replied to. People... excoriated her.

And other people like me and PP support her. Why should we be taxed to the point of breaking...of having to sell our homes? You know that's what is will come down to, right? People who bought their homes making a set amount of $ are going to have to sell because after paying tens of thousands more in taxes, they won't be able to afford their mortgages.

Crash the real estate market, the market, the economy. That will effect everyone. Literally. Every. One. Did any of you even take an economics class? Did you even go to college?

There are a lot of selfish a holes on this thread and it's not the responsible PPs or me who worked hard and scrimped and saved for what we have, it's those of you who mishandled your own lives and now you want us to pay dearly for your mistakes.

I hate Trump. Despise him. but Trump by a landslide if Warren is the nominee.

You make $50 million a year? Because that’s who she’s talking about taxing.

That will change rapidly if she gets her way.
A climate change plan that would cost $3 trillion, a health care plan that we have no idea of the costs, free college - whatever the estimates are, double it, because if the govt. pays for it, you can count on costs skyrocketing.... not to mention, free child-care, etc. etc.
And, the fact that she wants to raise business taxes is an economy-killer. We just brought them down to competitive levels compared to most countries.
It's all "free." Hard to understand how that works when the govt. isn't a revenue generator. Someone's paying. And, with all the things she is promising, it will be much more than the 1%.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She’s phenomenal. Her politics are too progressive for my taste. But she was interviewed on NPR yesterday. And it reminded me how good she is. She did a great job in the debates. But they were too fragmented between 10 people to realize just how relatable she is.

She was asked on NPR about a time she failed. And she talked about “having it all”— two kids, and a nice house to run and a job as a law school professor. But she felt like she was failing her kids and failing her job, because she couldn’t do it all well. And untimely her aunt moved in and helped. And I was like— this woman gets it. I have had small kids and felt like nothing I did at work or at home was up to par. And she can articulate it in an manner that is relatable.

She talked about her dad having a heart attack, and he Mom entering the workforce in a minimum wage job at 50, and it being enough to keep her family afloat. And I remember my mom getting divorced, and child support being uncertain, but we owned a small house and never went without on her teachers salary.

She was also asked about her wardrobe, with is a black top, and black pants and a jewel covered blazer (I’d never noticed this). And she was like— it takes me 4 minutes to get ready in the morning, it doesn’t stain, and It’s one less thing to think about.

If Biden “gets” middle aged white men in the rust belt, Warren “gets” working moms and women in general. And only 33% of women support Trump. Someone who can speak to women in a relatable way could do an amazing job. She also seems to get economic populism in a way most Ds don’t.

I’m more of a Harris or Klobucher voter on policy. But when I hear Warren talk, she could be one of my friends, and I would love to get a beer with her. And I might not agree with everything she says, but it seems well thought out.

Go Liz!

When you say she's too progressive for your taste, what you mean is you are too selfish for her vision.

No. I mean I’m Gen X 2 jobs two kids in a high COL area. And by the time college becomes affordable, we will have already sacrificed a lot to put our kids through full pay. After paying full freight for daycare. After our students loans are paid off. After we have paid 20 years or more of high health insurance premiums and huge co-pays and are about to qualify for Medicare. Everything was so much more expensive for me than it was for my parents. For childcare to housing to healthcare to college. I need to be saving for retirement. It would be nice after years of watching every penny to have some discretionary income once my kids are done with college. It’s hard to swallow higher taxes for zero additional services for me. And I am tired of being the donut hole everything in a generation that doesn’t matter because it has small numbers.

I want everyone to have access to college. And healthcare. And quality childcare. But I paid $71,000 in federal taxes last year, contribute $40,000 a year to Kid 1’s education, with Kid 2 soon to follow, and none of it is tax deductible, max out my retirement because we had job loss during the recession, pay $800 a month for health insurance, and have over $10,000 out of pocket already this year, commute 45 minutes each way to live in a house we can afford in a good school district, drive a 7 year old Subaru and am not living in the lap of luxury. I’m contributing what I can. I can’t afford another $30,000 in taxes so someone else gets their student loan debt wiped out, when we gave up so much so our kids wouldn’t have any. Maybe that’s selfish. Or, maybe it’s pragmatic.

OMG I completely get you! I am with you. I love many things about Warren, but agree totally with what you are saying.

Go back and read the posts replying to the one you just replied to. People... excoriated her.

And other people like me and PP support her. Why should we be taxed to the point of breaking...of having to sell our homes? You know that's what is will come down to, right? People who bought their homes making a set amount of $ are going to have to sell because after paying tens of thousands more in taxes, they won't be able to afford their mortgages.

Crash the real estate market, the market, the economy. That will effect everyone. Literally. Every. One. Did any of you even take an economics class? Did you even go to college?

There are a lot of selfish a holes on this thread and it's not the responsible PPs or me who worked hard and scrimped and saved for what we have, it's those of you who mishandled your own lives and now you want us to pay dearly for your mistakes.

I hate Trump. Despise him. but Trump by a landslide if Warren is the nominee.

You make $50 million a year? Because that’s who she’s talking about taxing.

That will change rapidly if she gets her way.
A climate change plan that would cost $3 trillion, a health care plan that we have no idea of the costs, free college - whatever the estimates are, double it, because if the govt. pays for it, you can count on costs skyrocketing.... not to mention, free child-care, etc. etc.
And, the fact that she wants to raise business taxes is an economy-killer. We just brought them down to competitive levels compared to most countries.
It's all "free." Hard to understand how that works when the govt. isn't a revenue generator. Someone's paying. And, with all the things she is promising, it will be much more than the 1%.

+ 10 trillion

(the approximate cost of her proposals so far...just for starters)

[Anonymous]

Warren’s gone off the reservation with those costs

[Anonymous]

still waiting on her healthcare plan and how she plans to pay for it

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She’s phenomenal. Her politics are too progressive for my taste. But she was interviewed on NPR yesterday. And it reminded me how good she is. She did a great job in the debates. But they were too fragmented between 10 people to realize just how relatable she is.

She was asked on NPR about a time she failed. And she talked about “having it all”— two kids, and a nice house to run and a job as a law school professor. But she felt like she was failing her kids and failing her job, because she couldn’t do it all well. And untimely her aunt moved in and helped. And I was like— this woman gets it. I have had small kids and felt like nothing I did at work or at home was up to par. And she can articulate it in an manner that is relatable.

She talked about her dad having a heart attack, and he Mom entering the workforce in a minimum wage job at 50, and it being enough to keep her family afloat. And I remember my mom getting divorced, and child support being uncertain, but we owned a small house and never went without on her teachers salary.

She was also asked about her wardrobe, with is a black top, and black pants and a jewel covered blazer (I’d never noticed this). And she was like— it takes me 4 minutes to get ready in the morning, it doesn’t stain, and It’s one less thing to think about.

If Biden “gets” middle aged white men in the rust belt, Warren “gets” working moms and women in general. And only 33% of women support Trump. Someone who can speak to women in a relatable way could do an amazing job. She also seems to get economic populism in a way most Ds don’t.

I’m more of a Harris or Klobucher voter on policy. But when I hear Warren talk, she could be one of my friends, and I would love to get a beer with her. And I might not agree with everything she says, but it seems well thought out.

Go Liz!

When you say she's too progressive for your taste, what you mean is you are too selfish for her vision.

No. I mean I’m Gen X 2 jobs two kids in a high COL area. And by the time college becomes affordable, we will have already sacrificed a lot to put our kids through full pay. After paying full freight for daycare. After our students loans are paid off. After we have paid 20 years or more of high health insurance premiums and huge co-pays and are about to qualify for Medicare. Everything was so much more expensive for me than it was for my parents. For childcare to housing to healthcare to college. I need to be saving for retirement. It would be nice after years of watching every penny to have some discretionary income once my kids are done with college. It’s hard to swallow higher taxes for zero additional services for me. And I am tired of being the donut hole everything in a generation that doesn’t matter because it has small numbers.

I want everyone to have access to college. And healthcare. And quality childcare. But I paid $71,000 in federal taxes last year, contribute $40,000 a year to Kid 1’s education, with Kid 2 soon to follow, and none of it is tax deductible, max out my retirement because we had job loss during the recession, pay $800 a month for health insurance, and have over $10,000 out of pocket already this year, commute 45 minutes each way to live in a house we can afford in a good school district, drive a 7 year old Subaru and am not living in the lap of luxury. I’m contributing what I can. I can’t afford another $30,000 in taxes so someone else gets their student loan debt wiped out, when we gave up so much so our kids wouldn’t have any. Maybe that’s selfish. Or, maybe it’s pragmatic.

OMG I completely get you! I am with you. I love many things about Warren, but agree totally with what you are saying.

Go back and read the posts replying to the one you just replied to. People... excoriated her.

And other people like me and PP support her. Why should we be taxed to the point of breaking...of having to sell our homes? You know that's what is will come down to, right? People who bought their homes making a set amount of $ are going to have to sell because after paying tens of thousands more in taxes, they won't be able to afford their mortgages.

Crash the real estate market, the market, the economy. That will effect everyone. Literally. Every. One. Did any of you even take an economics class? Did you even go to college?

There are a lot of selfish a holes on this thread and it's not the responsible PPs or me who worked hard and scrimped and saved for what we have, it's those of you who mishandled your own lives and now you want us to pay dearly for your mistakes.

I hate Trump. Despise him. but Trump by a landslide if Warren is the nominee.

You make $50 million a year? Because that’s who she’s talking about taxing.

She was point blank asked if taxes would go up on the middle class and she went silent and refused to answer the question. There aren't enough people making $50 million a year to pay for all of the freebies promised by Warren Bernie and the rest. Are you really that stupid?

This. According to an article cited earlier in this thread there are only 1400 or so tax returns showing income of $60 million or more.

Let's be generous and double that number to estimate how many show greater than $50 million in income. Let us further be generous in assuming that the average income of these 3,000 returns is $500 million. The tax proposed is 2%. That gives you $30 billion, or about 3% of out total deficit. The over $50 million tax would barely make a dent in our deficit, let alone pay for free college, free health care, and forgiveness of all student loans (total outstanding $1.5 trillion).

She definitely will have to rely on the upper and middle classes to fund all these programs, and that's not even taking into account any incentive effects the 2% tax would have on these large earners. (I have heard from people who have worked with Warren that she does not understand incentive effects, a significant strike against her and her policy positions.)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She’s phenomenal. Her politics are too progressive for my taste. But she was interviewed on NPR yesterday. And it reminded me how good she is. She did a great job in the debates. But they were too fragmented between 10 people to realize just how relatable she is.

She was asked on NPR about a time she failed. And she talked about “having it all”— two kids, and a nice house to run and a job as a law school professor. But she felt like she was failing her kids and failing her job, because she couldn’t do it all well. And untimely her aunt moved in and helped. And I was like— this woman gets it. I have had small kids and felt like nothing I did at work or at home was up to par. And she can articulate it in an manner that is relatable.

She talked about her dad having a heart attack, and he Mom entering the workforce in a minimum wage job at 50, and it being enough to keep her family afloat. And I remember my mom getting divorced, and child support being uncertain, but we owned a small house and never went without on her teachers salary.

She was also asked about her wardrobe, with is a black top, and black pants and a jewel covered blazer (I’d never noticed this). And she was like— it takes me 4 minutes to get ready in the morning, it doesn’t stain, and It’s one less thing to think about.

If Biden “gets” middle aged white men in the rust belt, Warren “gets” working moms and women in general. And only 33% of women support Trump. Someone who can speak to women in a relatable way could do an amazing job. She also seems to get economic populism in a way most Ds don’t.

I’m more of a Harris or Klobucher voter on policy. But when I hear Warren talk, she could be one of my friends, and I would love to get a beer with her. And I might not agree with everything she says, but it seems well thought out.

Go Liz!

When you say she's too progressive for your taste, what you mean is you are too selfish for her vision.

No. I mean I’m Gen X 2 jobs two kids in a high COL area. And by the time college becomes affordable, we will have already sacrificed a lot to put our kids through full pay. After paying full freight for daycare. After our students loans are paid off. After we have paid 20 years or more of high health insurance premiums and huge co-pays and are about to qualify for Medicare. Everything was so much more expensive for me than it was for my parents. For childcare to housing to healthcare to college. I need to be saving for retirement. It would be nice after years of watching every penny to have some discretionary income once my kids are done with college. It’s hard to swallow higher taxes for zero additional services for me. And I am tired of being the donut hole everything in a generation that doesn’t matter because it has small numbers.

I want everyone to have access to college. And healthcare. And quality childcare. But I paid $71,000 in federal taxes last year, contribute $40,000 a year to Kid 1’s education, with Kid 2 soon to follow, and none of it is tax deductible, max out my retirement because we had job loss during the recession, pay $800 a month for health insurance, and have over $10,000 out of pocket already this year, commute 45 minutes each way to live in a house we can afford in a good school district, drive a 7 year old Subaru and am not living in the lap of luxury. I’m contributing what I can. I can’t afford another $30,000 in taxes so someone else gets their student loan debt wiped out, when we gave up so much so our kids wouldn’t have any. Maybe that’s selfish. Or, maybe it’s pragmatic.

OMG I completely get you! I am with you. I love many things about Warren, but agree totally with what you are saying.

Go back and read the posts replying to the one you just replied to. People... excoriated her.

And other people like me and PP support her. Why should we be taxed to the point of breaking...of having to sell our homes? You know that's what is will come down to, right? People who bought their homes making a set amount of $ are going to have to sell because after paying tens of thousands more in taxes, they won't be able to afford their mortgages.

Crash the real estate market, the market, the economy. That will effect everyone. Literally. Every. One. Did any of you even take an economics class? Did you even go to college?

There are a lot of selfish a holes on this thread and it's not the responsible PPs or me who worked hard and scrimped and saved for what we have, it's those of you who mishandled your own lives and now you want us to pay dearly for your mistakes.

I hate Trump. Despise him. but Trump by a landslide if Warren is the nominee.

You make $50 million a year? Because that’s who she’s talking about taxing.

She was point blank asked if taxes would go up on the middle class and she went silent and refused to answer the question. There aren't enough people making $50 million a year to pay for all of the freebies promised by Warren Bernie and the rest. Are you really that stupid?

This. According to an article cited earlier in this thread there are only 1400 or so tax returns showing income of $60 million or more.

Let's be generous and double that number to estimate how many show greater than $50 million in income. Let us further be generous in assuming that the average income of these 3,000 returns is $500 million. The tax proposed is 2%. That gives you $30 billion, or about 3% of out total deficit. The over $50 million tax would barely make a dent in our deficit, let alone pay for free college, free health care, and forgiveness of all student loans (total outstanding $1.5 trillion).

She definitely will have to rely on the upper and middle classes to fund all these programs, and that's not even taking into account any incentive effects the 2% tax would have on these large earners. (I have heard from people who have worked with Warren that she does not understand incentive effects, a significant strike against her and her policy positions.)

Oh, geez. I hate it when people inject facts into a debate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

This. According to an article cited earlier in this thread there are only 1400 or so tax returns showing income of $60 million or more.

Let's be generous and double that number to estimate how many show greater than $50 million in income. Let us further be generous in assuming that the average income of these 3,000 returns is $500 million. The tax proposed is 2%. That gives you $30 billion, or about 3% of out total deficit. The over $50 million tax would barely make a dent in our deficit, let alone pay for free college, free health care, and forgiveness of all student loans (total outstanding $1.5 trillion).

She definitely will have to rely on the upper and middle classes to fund all these programs, and that's not even taking into account any incentive effects the 2% tax would have on these large earners. (I have heard from people who have worked with Warren that she does not understand incentive effects, a significant strike against her and her policy positions.)

Oh, geez. I hate it when people inject facts into a debate.

Hmm. So what does Liz's website say?

For decades, the wealthy and the well-connected have put American government to work for their own narrow interests. As a result, a small group of families has taken a massive amount of the wealth American workers have produced, while America’s middle class has been hollowed out.

The result is an extreme concentration of wealth not seen in any other leading economy. The 400 richest Americans currently own more wealth than all Black households and a quarter of Latino households combined. According to an analysis from economists Emmanuel Saez and Gabriel Zucman from the University of California-Berkeley, the richest top 0.1% has seen its share of American wealth nearly triple from 7% to 20% between the late 1970s and 2016, while the bottom 90% has seen its share of wealth decline from 35% to 25% in that same period. Put another way, the richest 130,000 families in America now hold nearly as much wealth as the bottom 117 million families combined.

Ultra-millionaire tax graphic
The figure depicts the share of total household wealth owned by bottom 90% and top 0.1% obtained by capitalizing income tax returns (Saez and Zucman 2016). The unit of analysis is the family.

Our tax code focuses on taxing income, but a family’s wealth is also an important measure of how much it has benefitted from the economy and its ability to pay taxes. And judged against wealth, our tax system asks the rich to pay a lot less than everyone else. According to Saez and Zucman, the families in the top 0.1% are projected to owe 3.2% of their wealth in federal, state, and local taxes this year, while the bottom 99% are projected to owe 7.2%.

While we must make income taxes more progressive, that alone won’t straighten out our slanted tax code or our lopsided economy. Consider two people: an heir with $500 million in yachts, jewelry, and fine art, and a teacher with no savings in the bank. If both the heir and the teacher bring home $50,000 in labor income next year, they would pay the same amount in federal taxes, despite their vastly different circumstances. Increasing income taxes won’t address this problem.

That’s why we need a tax on wealth. The Ultra-Millionaire Tax taxes the wealth of the richest Americans. It applies only to households with a net worth of $50 million or more—roughly the wealthiest 75,000 households, or the top 0.1%. Households would pay an annual 2% tax on every dollar of net worth above $50 million and a 3% tax on every dollar of net worth above $1 billion. Because wealth is so concentrated, Saez and Zucman project that this small tax on roughly 75,000 households will bring in $2.75 trillion in revenue over a ten-year period.



Zero additional tax on any household with a net worth of less than $50 million (99.9% of American households)

2% annual tax on household net worth between $50 million and $1 billion

1% annual Billionaire Surtax (3% tax overall) on household net worth above $1 billion

10-Year revenue total of $2.75 trillion (estimate by Saez and Zucman)

[Anonymous]

Oh, and this is the website: https://elizabethwarren.com/plans/ultra-millionaire-tax

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

This. According to an article cited earlier in this thread there are only 1400 or so tax returns showing income of $60 million or more.

Let's be generous and double that number to estimate how many show greater than $50 million in income. Let us further be generous in assuming that the average income of these 3,000 returns is $500 million. The tax proposed is 2%. That gives you $30 billion, or about 3% of out total deficit. The over $50 million tax would barely make a dent in our deficit, let alone pay for free college, free health care, and forgiveness of all student loans (total outstanding $1.5 trillion).

She definitely will have to rely on the upper and middle classes to fund all these programs, and that's not even taking into account any incentive effects the 2% tax would have on these large earners. (I have heard from people who have worked with Warren that she does not understand incentive effects, a significant strike against her and her policy positions.)

Oh, geez. I hate it when people inject facts into a debate.

Hmm. So what does Liz's website say?

For decades, the wealthy and the well-connected have put American government to work for their own narrow interests. As a result, a small group of families has taken a massive amount of the wealth American workers have produced, while America’s middle class has been hollowed out.

The result is an extreme concentration of wealth not seen in any other leading economy. The 400 richest Americans currently own more wealth than all Black households and a quarter of Latino households combined. According to an analysis from economists Emmanuel Saez and Gabriel Zucman from the University of California-Berkeley, the richest top 0.1% has seen its share of American wealth nearly triple from 7% to 20% between the late 1970s and 2016, while the bottom 90% has seen its share of wealth decline from 35% to 25% in that same period. Put another way, the richest 130,000 families in America now hold nearly as much wealth as the bottom 117 million families combined.

Ultra-millionaire tax graphic
The figure depicts the share of total household wealth owned by bottom 90% and top 0.1% obtained by capitalizing income tax returns (Saez and Zucman 2016). The unit of analysis is the family.

Our tax code focuses on taxing income, but a family’s wealth is also an important measure of how much it has benefitted from the economy and its ability to pay taxes. And judged against wealth, our tax system asks the rich to pay a lot less than everyone else. According to Saez and Zucman, the families in the top 0.1% are projected to owe 3.2% of their wealth in federal, state, and local taxes this year, while the bottom 99% are projected to owe 7.2%.

While we must make income taxes more progressive, that alone won’t straighten out our slanted tax code or our lopsided economy. Consider two people: an heir with $500 million in yachts, jewelry, and fine art, and a teacher with no savings in the bank. If both the heir and the teacher bring home $50,000 in labor income next year, they would pay the same amount in federal taxes, despite their vastly different circumstances. Increasing income taxes won’t address this problem.

That’s why we need a tax on wealth. The Ultra-Millionaire Tax taxes the wealth of the richest Americans. It applies only to households with a net worth of $50 million or more—roughly the wealthiest 75,000 households, or the top 0.1%. Households would pay an annual 2% tax on every dollar of net worth above $50 million and a 3% tax on every dollar of net worth above $1 billion. Because wealth is so concentrated, Saez and Zucman project that this small tax on roughly 75,000 households will bring in $2.75 trillion in revenue over a ten-year period.



Zero additional tax on any household with a net worth of less than $50 million (99.9% of American households)

2% annual tax on household net worth between $50 million and $1 billion

1% annual Billionaire Surtax (3% tax overall) on household net worth above $1 billion

10-Year revenue total of $2.75 trillion (estimate by Saez and Zucman)

Except.... it is probably unconstitutional.
https://www.forbes.com/sites/peterjreilly/2019/06/25/wealth-tax-that-pesky-constitution-might-get-in-the-way/#973d5c9779c1
https://thefederalist.com/2019/08/08/heres-elizabeth-warrens-wealth-tax-completely-unconstitutional/
https://www.latimes.com/opinion/story/2019-09-16/donald-trump-elizabeth-warren-democrats-proposals-unconstitutional
https://www.bloomberg.com/opinion/articles/2019-01-30/elizabeth-warren-s-wealth-tax-is-probably-constitutional