Election

BACKLASH: Elizabeth Warren’s ‘Billionaire Tears’ Campaign Merchandise Sparks Criticism

posted by Hannity Staff - 11.14.19

Senator Elizabeth Warren raised eyebrows on both sides of the political aisle this week after her campaign store began selling merchandise labeled with “Billionaire Tears,” a move some are calling inappropriate and distasteful.

“Presidential candidate Elizabeth Warren isn’t backing down from her fight against billionaires — in fact, the Democratic senator from Massachusetts is now selling $25 ‘billionaire tears’ mugs on her campaign website,” reports Yahoo News.

“In November 2019, billionaire and former Goldman Sachs executive Leon Cooperman (who as recently as 2017 settled with the SEC on insider-trading charges) was brought to tears on live television while discussing the prospect that a President Elizabeth Warren might require him to pay his fair share in taxes,” writes Warren’s webstore.

“Savor a warm, slightly salty beverage of your choice in this union-made mug as you contemplate all the good a wealth tax could do: universal childcare, student debt cancellation, universal free college, and more,” adds the site.

“I’ve paid over $10 billion in taxes,” said billionaire Bill Gates when asked to comment on Warren’s ‘Ultra Wealth’ tax. “If I had to pay $20 billion, it’s fine. But when you say I should pay $100 billion, OK then I’m starting to do a little math about what I have left over. You really want the incentive system to be there, and you can go a long way without threatening that.”

Read the full report here.

Source: Yahoo News

BAN BILLIONAIRES! AOC Says ‘No Person Should Have a Billion Dollars’ in the United States

posted by Hannity Staff - 10.03.19

Controversial Congresswoman Alexandria Ocasio-Cortez slammed wealthy Americans on social media this week; saying “no person should have a billion dollars” in the United States of America.

“‘Billionaires should not exist’ does not mean certain people should not exist. It means no person should have a billion dollars. The ascent of billionaires is a symptom & outcome of an immoral system that tells people affordable insulin is impossible but exploitation is fine,” posted AOC on Twitter.

Sen. Bernie Sanders made similar statements last month.

“Billionaires should not exist,” he stated on social media. “There should be no billionaires. We are going to tax their extreme wealth and invest in working people.”

“In order to reduce the outrageous level of inequality that exists in America today and to rebuild the disappearing middle class, the time has come for the United States to establish an annual tax on the extreme wealth of the top 0.1 percent of U.S. households,” Sanders writes. “This wealth tax would only apply to net worth of over $32 million and would raise an estimated $4.35 trillion over the next decade. Anyone who has a net worth of less than $32 million would not see their taxes go up at all under this plan.”

“The tax rate would increase to 2 percent on net worth from $50 to $250 million, 3 percent from $250 to $500 million, 4 percent from $500 million to $1 billion, 5 percent from $1 to $2.5 billion, 6 percent from $2.5 to $5 billion, 7 percent from $5 to $10 billion, and 8 percent on wealth over $10 billion. These brackets are halved for singles,” adds Bernie.

BIDEN’S BIG BUCKS: New Records Show the Bidens Have Earned $15 MILLION Since Leaving Office

posted by Hannity Staff - 7.09.19

New financial records released this week show former Vice President Joe Biden and his wife Jill Biden earned more than $15 million since leaving the White House back in 2016.

According to reports, the majority of the income was made through speaking fees, book deals, and other work.

“Since leaving office, both Bidens have worked as college professors. Jill Biden taught at Northern Virginia Community College and made more than $180,000 in two years, and former Vice President Joe Biden was named the Benjamin Franklin Presidential Practice Professor at the University of Pennsylvania, earning more than $775,000 in two years,” reports CBS News.

“The majority of the income comes from book deals and speaking engagements, with the Bidens earning around $9.5 million in 2017, the year after Biden left office. That year, the Bidens donated more than a million dollars to charity, according to the documents,” adds the website.

The massive income is a sharp departure from Biden’s image as a hometown her from Scranton, Pennsylvania and working-class neighborhoods in Delaware.

“Certainly, Mr. Biden is not alone: His three closest rivals in the polls, Senators Kamala Harris, Bernie Sanders and Elizabeth Warren, are all millionaires, too. The latest Democrat to enter the race, Tom Steyer, is a billionaire former hedge fund investor. And President Trump openly discusses his wealth, yet he still enjoyed support from blue-collar and union workers in 2016,” adds the New York Times.

Read the full report here.

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