so you're point is kind of disingenuous. She's been fighting them for decades, along with fighting for better regulation on Wall Street gambling so that we stop having economic collapses every 10 years.
Seriously, if we'd just listen to her we'd stop having these cyclic crashes. Economists figured out in the 20s what causes them, but since the folks at the top can always count on a bail out (since if we don't they'll take the entire economy with them thanks to all the power they have) voters keep letting
Warren doesn't understand even basic micro-economics, like supply and demand, let alone macro-economics. Her proposed Wealth Tax has already been attempted and failed miserably in other countries, resulting in repeals. She's either clueless, or just pandering to her ignorant left-wing base.
I hate property tax. Why should I pay year after year for the valuation of my house when I worked hard to pay for it after the taxes on my income in the first place. I understand I need to pay my fair share for roads, schools, fire department, police, etc. but paying those with property taxes when their costs have very little relationship to the valuation on my property or to the ability to pay seems regressive.
Really? (Score:5, Insightful)
"lawmaker claimed that it and other large corporations 'exploit loopholes"
Loopholes that said 'lawmakers' left in the tax legislation either by accident (incompetent) or by design (corrupt).
Just change the laws to close the loopholes but don't ask people to pay more than YOUR laws expect them to.
Liz Warren didn't leave those loopholes (Score:2, Insightful)
Seriously, if we'd just listen to her we'd stop having these cyclic crashes. Economists figured out in the 20s what causes them, but since the folks at the top can always count on a bail out (since if we don't they'll take the entire economy with them thanks to all the power they have) voters keep letting
Re: (Score:4, Insightful)
Warren doesn't understand even basic micro-economics, like supply and demand, let alone macro-economics. Her proposed Wealth Tax has already been attempted and failed miserably in other countries, resulting in repeals. She's either clueless, or just pandering to her ignorant left-wing base.
Re: (Score:2)
Her proposed Wealth Tax has already been attempted and failed miserably in other countries
Property tax is a wealth tax, and most states in the US implement it, and it basically works (as well as any tax works).
Re: (Score:2)
Re:Liz Warren didn't leave those loopholes (Score:2)
There is no tax I like. Except the one you pay, it's only alright.