in , , ,

Green New Deal, Free Healthcare: Taxing Rich Won’t Cover Progressive Ideas

Whenever Bernie Sanders, Elizabeth Warren, or any of the other progressive Democrats in the spotlight these days floats one of their mega-expensive, bloated programs meant to turn the United States into a socialist utopia, they always follow up by promising that middle class taxpayers won’t get stuck with the bill. No, no, these schemes – The Green New Deal, universal healthcare, free college, etc. – will either be paid for by tax hikes on the so-called 1% or they will pay for themselves in such a way that any tax hikes you and your family DO incur will be balanced out by what you save in other areas.

Unfortunately, the realities of economics say that this isn’t so.

In a new report, David Burton of the Heritage Foundation goes through the trouble of putting the claims of Warren and Sanders to the test. He runs the numbers, in other words. He found that it would be “arithmetically impossible” for these politicians to pay for these exorbitantly expensive programs by only raising taxes on those who make more than $200,000 a year. To come to this conclusion, Burton took three of the most popular progressive policies – the GND, Medicare-for-all, and government-funded college tuition – and came up with a total price tag of $48 to $92 trillion over a ten-year period.

What he found was that even if the federal government took every dime Americans made over $200,000 (and every dime of profit from every corporation in the country), it would raise approximately $34.6 trillion.

“Even using lower cost estimates, confiscating every dollar earned by every taxpayer with incomes of $200,000 or more would only pay for about half of the progressive agenda,” Burton noted in his report. “And that figure is based on the false assumption that people would continue to work, save, and invest when subject to a 100 percent flat tax. The reality is that progressive promises can only be funded by increasing taxes on the middle class from three to 10 times their current level or, for a limited time, by dramatic and unsustainable increases in federal borrowing.”

The fact is, Sanders, Warren, Ocasio-Cortez, and any other Democrat running on a class-warfare type of platform, is playing the American people for suckers. By fudging the numbers and making frequent scornful remarks about the “millionaires and billionaires” who are supposedly flying around on their private jets while the rest of us struggle to put food on the table, they create a sense of “us vs. them” that is supposed to shield the truth: That they are lying through their teeth. The middle class and the working class WILL see enormous tax hikes if these Democrats ever get their way.

And once those socialist programs are in place, it will take a miracle to ever get rid of them.

Written by Andrew

39 Comments

Leave a Reply
  1. Appreciating the dedication you put into your site
    and detailed information you present. It’s great to come across a blog every once
    in a while that isn’t the same old rehashed information. Fantastic read!
    I’ve saved your site and I’m adding your RSS feeds to my Google account.

  2. Woah! I’m really enjoying the template/theme of this site.
    It’s simple, yet effective. A lot of times it’s hard to get that “perfect balance” between usability and appearance.
    I must say that you’ve done a excellent job with this. In addition, the blog loads extremely fast for me
    on Internet explorer. Superb Blog!

  3. Hey There. I discovered your weblog the usage of msn. That is a very neatly written article.
    I’ll be sure to bookmark it and come back to read extra of
    your helpful information. Thank you for the post. I’ll definitely return.

  4. Hey! I know this is kind of off topic but I was wondering if you
    knew where I could locate a captcha plugin for
    my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one?
    Thanks a lot!

  5. My spouse and I stumbled over here coming from a different website and thought I
    may as well check things out. I like what I see so now i’m following you.

    Look forward to looking over your web page repeatedly.

  6. Heya this is kind of of off topic but I was wondering if blogs use WYSIWYG editors or if you
    have to manually code with HTML. I’m starting a blog soon but
    have no coding expertise so I wanted to get advice from
    someone with experience. Any help would be greatly appreciated!

  7. Hey there are using WordPress for your site platform?
    I’m new to the blog world but I’m trying to get started and create
    my own. Do you need any coding knowledge to make your own blog?
    Any help would be greatly appreciated!

  8. Great post. I was checking constantly this blog and I am inspired!
    Extremely helpful info particularly the final section 🙂 I handle such information a
    lot. I used to be seeking this certain info for a very lengthy time.
    Thank you and best of luck.

  9. You really make it seem really easy with your presentation however
    I find this topic to be actually one thing which I feel I would never understand.
    It sort of feels too complex and very huge for me. I’m having a look forward
    on your subsequent put up, I will attempt to get the hold of
    it!

  10. Heya i’m for the first time here. I came across this board and I to find It really
    useful & it helped me out a lot. I’m hoping to give one thing back and aid others like
    you aided me.

  11. I have been browsing online more than 4 hours today, yet I never found
    any interesting article like yours. It is pretty worth enough for me.
    Personally, if all website owners and bloggers made good content as you did, the
    web will be a lot more useful than ever before.

  12. When I initially commented I clicked the “Notify me when new comments are added”
    checkbox and now each time a comment is added I get three e-mails with
    the same comment. Is there any way you can remove me from that service?

    Thanks!

  13. Have you ever thought about writing an e-book or guest authoring on other blogs?
    I have a blog based upon on the same subjects you discuss and would really like to have you share some stories/information. I know my readers
    would appreciate your work. If you’re even remotely interested,
    feel free to send me an email.

  14. Whats up very nice blog!! Guy .. Excellent ..
    Amazing .. I’ll bookmark your website and take the feeds also?
    I’m glad to find so many helpful info here in the put up, we’d like
    develop more techniques in this regard, thanks for sharing.
    . . . . .

  15. Hey there! I know this is somewhat off topic but I was wondering if you knew where I could get a captcha plugin for my comment form?
    I’m using the same blog platform as yours and I’m having
    problems finding one? Thanks a lot!

  16. My developer is trying to convince me to move to .net from PHP.
    I have always disliked the idea because of the costs.
    But he’s tryiong none the less. I’ve been using WordPress on numerous websites for about a year and am concerned about switching to another platform.
    I have heard excellent things about blogengine.net. Is there a way I can import all my wordpress
    posts into it? Any kind of help would be greatly appreciated!

  17. Definitely believe that which you said. Your favorite reason seemed
    to be on the internet the simplest thing to be aware of.
    I say to you, I definitely get irked while people consider worries that they just don’t know about.
    You managed to hit the nail upon the top and defined out the whole thing without having side-effects , people
    could take a signal. Will likely be back to
    get more. Thanks

  18. Hey there, I think your site might be having browser compatibility issues.

    When I look at your blog site in Firefox, it looks fine but when opening in Internet Explorer,
    it has some overlapping. I just wanted to give you a quick heads up!
    Other then that, amazing blog!

Leave a Reply

Your email address will not be published. Required fields are marked *

Scaramucci: I’m “Putting Together a Team” to Denounce President Trump

Alyssa Milano on the “Great Joys” Her Aborted Children Would Have Stolen