Elizabeth Warren unveils her wealth tax proposal. It sounded nonsensical last year it sounds nonsensical this year.
The new Education Secretary thinks education has to be reimagined. I’d just like to imagine our kids know how to read and do math.
In a blockbuster hearing, FBI Director Christopher Wray unleashes the beast about the January 6th Capitol riots. Just kidding! The hearing was garbage but we’re going to cover it anyway.
Mo Money, Mo Money, Mo Money
You know what the problem is with spending $1.9 trillion bill that has nothing to do with running the government? The government begins to run out of money. Then, we need to get more money from those that produce and give the most in our society.
On Monday morning, Senator Elizabeth Warren of Massachusetts (D) proposed a new tax bill, alongside Washington Representative Pramila Jayapal (D) and Pennsylvania Representative Brendan Boyle (D), that would reportedly place a tax on “ultra-millionaire” net worths and households. It is also co-sponsored by Bernie Sanders so you know it is going to be a special proposal.
The tax would reportedly place a 2% yearly tax on the net worth of households and trusts above $50 million. Any households and trusts that have a net worth over $1 billion would have to pay another 1% annual surtax. This would leave billionaires with a total tax of 3%.
Here is Elizabeth Warren talking about the tax on CNBC:
Here is the problem.
This is double-taxing the rich. They already pay taxes now they have to pay more? This may prove to be unconstitutional in the end. They also pay payroll tax, corporate, property tax, sales tax, state taxes and personal taxes. They are paying their fair share of taxes. They just have more money.
She wants to tax speculated wealth. If I own property (which I already pay taxes on) or stocks, that is not liquid cash. It only has speculated value, no real value. If she taxes stocks, I have to sell those stocks to pay the tax. This may also prove to be unconstitutional.
She wants to tax investments and businesses not in this country. Again, I’m not sure this is legal and could be double-taxing.
She also said that the rich pay far less as a percentage in taxes than the lower 99% of the taxpayers. This is a problem when dealing with percentages. The ultra rich also pay 80% of all taxes collected. Warren never bothers to bring that up.
Also, the reason the rich pay less in taxes as a percentage is because they have so much in investments, business and personal wealth that they qualify for bigger tax breaks. But they are paying more money as a whole than most of the country.
As Bloomberg Wealth points out, the real amount paid through Warren’s plan:
“Jeff Bezos, the world’s richest person, would face an extra tax charge of at least $5.4 billion in 2021 if the bill became law, while Elon Musk would pay $5.2 billion, according to a Bloomberg analysis. The measure would cost Bill Gates an additional $4 billion and Mark Zuckerberg would have to fork over $2.9 billion to cover the tax.”
When one talks about the actually money these people would pay, suddenly it looks like a lot. Talking percentages is what Warren is doing to make it look like this is not much of a tax increase. Actually it is. I also find it amazing that Elizabeth Warren, Bernie Sanders and AOC think they know more about business and how to handle money better than businessmen who have made their wealth. Mostly by hiring thousands and paying them. Warren, Sanders and AOC have never created or run a business and never hired anyone. Damn, AOC never had a full time job before becoming a Congressman.
What these politicians are doing is trying to make the population jealous of people who have innovated. I would personally think it would be better if we celebrated these people and not demonized them. Jeff Bezos created a business that gets me my toilet paper in two days for a better price. Elon Musk created the first successful electric car and is helping the United States land on the moon and, eventually, Mars. Bill Gates created the best business Operating System that is used throughout the world. Mark Zuckerburg invented social media.
Ophrah Winfrey created a media empire. I thought it was important to throw a black woman in there.
These guys should be celebrated. They have innovated and created something that has made society better. It also shows the wonders of this country. None of these guys was rich. They became rich because they provided something people wanted to pay for.
Finally, the government socks at everything. Just because they make a law doesn’t mean what they are doing is moral and right. Taxes is immoral. It is legislated theft. Demonizing people that have made America and the world better is also immoral and those who create to generate a jealous the population are also immoral. Those who do it are going to have a lot to answer to in the next life.
https://www.dailywire.com/news/elizabeth-warren-proposes-ultra-millionaire-wealth-tax
Leaves A Lot to the Imagination
This is where I think Republicans need to force things. And Republicans should have voted against guy being who was confirmed for Education Secretary.
The Senate confirmed Dr. Miguel A. Cardona to lead the Education Department on Monday. The final vote was 64 to 33. Why there were 33 Republicans to confirm this guy, I don’t know.
Cardona said when he was nominated:
“There are no shortages of challenges ahead, no shortage of problems for us to solve. But by the same token, there are countless opportunities for us to seize. We must embrace the opportunity to reimagine education – and build it back better. We must evolve it to meet the needs of our students.”
Looking at what Biden has deemed as his priorities, one can see what “building back better” and “reimagining education” means. Race. Cardona has made that very clear during his push for his nomination.
“The American public school system has been phenomenal. However, it also has its flaws. Zip code, skin color in many cases, are still determinants of success.”
You know what I think is a measurement of the success of our children? That the know math, know how to read and write, know history, know science and can speak intelligibly. Yeah, I’m weird and a white supremacist.
Cardona is just another who is more concerned about the narrative, race and equity. Education, you know, kids knowing things, is secondary. He is also for jerking off the teacher’s unions, which is something has been doing since being elected.
Sen. Tim Scott thinks the same thing which is why he didn’t vote for him. He said:
“Unfortunately, it is not his Connecticut policies that he will be championing as Biden’s education chief, it is the president’s union-focused progressive policies. If Cardona follows the Biden plan to pit teacher unions against parents and students, our kids will never get the education they truly deserve.”
In an interview with Connecticut Public Radio on WNPR in January, Cardona said he was “totally in support” of President Biden’s plan to call on Congress to cancel $10,000 of student debt for all borrowers, of which 1 in every five are in default. Taxpayers would cover student loans that are forgiven.
He believes in transgender rights but is afraid to directly answer the question from Rand Paul about men competing with women.
.@RandPaul: "Do you think it's fair to have boys running in the girls track meet?"
Sec. @usedgov Nominee Cardona: "I think it's the legal responsibility of schools to provide opportunities for students to participate in activities and this includes students who are transgender." pic.twitter.com/XxHqPYyB2E
— CSPAN (@cspan) February 3, 2021
I find it amazing that everyone believes in trans rights but no one, including the trans health secretary, refuses to actually answer any questions during the public confirmation hearings.
This guy is going to push the Left’s narrative onto our students. One thing I am sure, nothing in schools is going to change as far as education. Our kids will continue to get indoctrinated to the Left’s belief system.
No Republican should have voted for this guy.
https://www.dailywire.com/news/bidens-education-secretary-confirmed-asks-america-to-reimagine-education
Long Hearing, Few Answers
FBI Director Christopher Wray defended the bureau’s handling of information warning of the prospect of violence on Jan. 6 by Trump supporters and described an increasingly complex extremist threat landscape in the wake of the attack on the U.S. Capitol.
Wray said:
“The problem of domestic terrorism has been metastasizing across the country for a long time now, and it’s not going away anytime soon,” Mr. Wray told the Senate Judiciary Committee at a Tuesday hearing, adding that the ideologies motivating a variety of extremists were proving difficult to pinpoint.
“In some cases, it seems like people are coming up with their own sort of customized belief systems—a little bit of this, a little bit of that—and they put it together maybe combined with some personal grievance or something that’s happened in their lives. Trying to get your arms around that is a real challenge.”
Mr. Wray said the FBI currently has roughly 2,000 open domestic-terrorism investigations, double the number the bureau was actively probing when he became director in 2017.
Dick Durbin, a Democrat from Illinois said:
“For too long, our federal government has failed to address the growing terrorist menace in our own backyard,” calling the rioters the “latest incarnation of a violent white supremacist movement that has terrorized fellow Americans.”
Wray said the FBI viewed some of the defendants as militia-affiliated violent extremists and cited a “couple of instances” of racially motivated extremists. He said the FBI was building out a fuller picture of the motivations of the alleged members of the mob as the investigation unfolds.
Several of the Republican Senators pointed out that white supremacy, though terrible and evil, is hardly the only example of domestic terrorism. He was referring to the antifa and BLM riots over the summer and the five that have occuerred since the January 6th riots.
Chuck Grassley from Iowa said:
“A narrow view of these matters would be intellectually dishonest. We’re not serious about tackling domestic extremism if we only focus on white supremacy movements, which isn’t the only ideology that’s responsible for murders and violence.”
Fact check: True! We reaally can’t focus on a single domestic terrorist group. We must work to prevent them all.
Wray did say that there was no evidence that there was anyone from any Left-wing terrorist groups.
The Wall Street Journal reported:
A report from George Washington University’s Program on Extremism released Tuesday found that 142 of the 257 federal defendants it examined could be characterized as “inspired believers,” or those who “were neither participants in an established violent extremist group nor connected to any of the other individuals who are alleged to have stormed the Capitol.”
There was also questions about how Capitol Officer Brian Sidnick died. We were told by the media that he was hit over the head by a fire extinguisher. That was a lie. Wray said they did not know what caused Sidnick’s death and that he could not say during the hearing. The investigation was still pending.
It was a BS hearing. The Democrats tried to make it that this was all about the scourge of white supremacy. The Republicans wanted this to be about antifa and BLM and about how Nancy Pelosi calling off the Capitol Police. None of this happened. No answers.
Once again, a lot of this was just a lot of political posing and a huge waste of time. Does this sound like something you’ve heard me say before?
https://www.wsj.com/articles/fbi-director-to-testify-on-capitol-hill-about-jan-6-riots-11614681004?mod=hp_lead_pos7
Cancelled
Dr. Seuss’ first six books have been pulled from shelves and cannot be sold on Ebay because it has been determined the books are not racially sensative.
Dr. Seuss, you have been…CANCELLED!
The Washington Football team, formerly Redskins have replaced their cheerleaders with a male/female dance team.
Washington Redskin cheerleaders, you have been… CANCELLED!
Conservative actress Amanda Ensing has been banned from Twitter for “copyright” violations.
Amanda Ensing, you are hot and… CANCELLED!
Amazon has taken down the documentary about Justice Clarence Thomas because…well, no one knows. It happened during Black History Month. Justice Clarence Thomas, you have been… CANCELLED!
https://www.dailywire.com/news/first-cheerleading-squad-in-nfl-replaced-by-men-women-dance-team
https://www.dailywire.com/news/conservative-beauty-guru-amanda-ensing-suspended-from-twitter
https://www.dailywire.com/news/prices-of-dr-seuss-books-skyrocket-after-6-are-canceledhttps://www.dailywire.com/news/six-dr-seuss-books-to-stop-being-printed-day-after-biden-left-out-author-from-read-across-america-dayhttps://www.dailywire.com/news/biden-cancels-dr-seuss-wont-mention-him-in-read-across-america-day-proclamationhttps://www.wsj.com/articles/six-dr-seuss-books-are-dropped-after-review-finds-imagery-offensive-11614711623?mod=hp_lead_pos11https://www.dailywire.com/news/wapo-correspondent-pulling-dr-seuss-not-cancel-culture-your-culture-is-just-garbage
https://www.dailywire.com/news/amazon-not-streaming-clarence-thomas-doc-during-black-history-month