Your claim is that her taxes on the ultrawealthy and corporations won't generate enough money to pay for her proposals.
I'm asking you to pull the data saying it falls short.
That's your claim.
First you’re assuming she’ll be the dems and republicans and actually get it passed
Doubt that’ll happen but she’s a dem now and a former republican so maybe she could get along with her old buds..............
To automatically assume she’ll get that done is dumb as fukk anyway
But to humor you in order to show you how dumb Warren Stan’s are. “ She says her wealthy tax would raise The annual tax would target 2 percent of all assets of more than $50 million, and 3 percent of assets of more than $1 billion. This would raise an estimated $2.75 trillion over 10 years”
That’s 270 billion a yeAr
“
A separate corporate tax would affect Amazon and the nation’s other most profitable companies. The plan would place a 7 percent levy on profits beyond $100 million, resolving what she called a disparity between the profits that corporations report to their shareholders and what those same corporations tell the IRS. The tax would affect about 1,200 corporations and raise approximately $1 trillion over 10 years, Warren said.”
Add another 100 billion a year. 370 billion a year. 3.7 trillion total
Fact-Checking Elizabeth Warren on the Campaign Trail
“A separate analysis of Ms. Warren’s wealth tax found that it would generate
just 40 percent of the revenue estimated by Mr. Saez and Mr. Zucman. The analysis, by Lawrence H. Summers, a Treasury secretary under President Bill Clinton, and Natasha Sarin, a law and finance professor at the University of Pennsylvania, contends that the two Berkeley economists underestimated the ways rich people could seek to minimize or avoid paying the tax.”
For arguments sake I’ll even give you that she’ll get it at 60%.
2.22 trillion
Childcare is 47 billion a year. Not bad but that’s only for 65% of kids. Warrens paying for most of everyone or 90% of the population.
Costs jump up to 65 billion. Somehow warren forget to account for this
Ok we still have about 1.5 trillion left. Student debt is only at 1.56
Student Loan Debt Statistics In 2019: A $1.5 Trillion Crisis.
And not everyone gets it only the ppl poorer than 100k in total household income so 80% of the ppl with student debt. That’s 1.2 trillion.
Wow warren comes out in the black....but wait Warren assumes the states will actually contribute to 1/3rd of the actual costs to pay student debt. “I’m sure that’ll happen”
. Her hidden tax actually won’t be attributed to the “wealthy” but the entire nation. Funny how she hid that one
That doesn’t cover the money she promised for immigration reform, minority loans, wage inequality and whatever else she comes up with to appeal to some base by the time she would become president.