Earlier today JLF’s Mitch Kokai linked Kevin Williamson’s National Review piece Democratic presidential candidate Elizabeth Warren “thinks her voters are stupid.”
Right on–and Warren proved it during her stop in Greensboro yesterday. How so? On top of her proposed $2 trillion ‘Medicare for all’ healthcare proposal, which seeks to wring every damn dime out of every corner of our nation, she just threw out another $50 billion in additional support for historically black colleges and universities (HBCUs).
Promising $50 billion in additional federal support for A&T and other historically black colleges and universities, Warren told an enthusiastic audience of several hundred that if elected, she would help pay for that and other new social programs with a “wealth tax” of 2 percent on the super rich.
“I think we need a wealth tax,” she said, adding that the rich would not have to pay the tax on their first $50 million.
But “it’s 2 cents on every dollar after that,” she said.
Warren said the new tax also would help pay for such initiatives as universal child care, tuition-free college educations and an end to student loan debt among those who have attended college and other institutions of higher learning.
“Two cents out of the pockets of the top one-tenth of 1 percent in America,” Warren said. “And that 2 cents would fund everything I just described.”
Of course what else would she propose when speaking at N.C. A&T State University? Whether or not they bought into it is a question I’ll leave up to the reader’s imagination.
