27 Burst results for "Seven Five Trillion Dollars"

Democrats reintroduce paid leave in Build Back Better bill

AP News Radio

00:32 sec | 6 months ago

Democrats reintroduce paid leave in Build Back Better bill

"Hi Mike Rossi a reporting paid leave tax breaks and immigration provisions have been added to the Biden domestic bill after a jolting loss in the Virginia gubernatorial election Tuesday night house Democrats revived key priorities in president Joe Biden's one point seven five trillion dollar social services and environmental bill Wednesday a new paid family leave program state and local tax break and immigrant work permits were added to the package as Democrats scrambled to deliver on the long delayed package the house rules committee convened late Wednesday to consider the updated

Mike Rossi Biden Joe Biden Virginia House Rules Committee
 Democrats reach drug price deal, Biden upbeat on Manchin

AP News Radio

00:48 sec | 6 months ago

Democrats reach drug price deal, Biden upbeat on Manchin

"Hi Mike Rossi a reporting Democrats reach a drug price deal as they work to finalize their one point seven five trillion dollar domestic policy proposal congressional Democrats working to finalize president Joe Biden's one point seven five trillion dollar domestic policy proposal forged agreement Tuesday on a plan to lower prescription drug costs for most older people the plan would cap out of pocket Medicare costs at two thousand dollars and reduce the price of insolence a compromise with one of two democratic holdouts senator Kiersten cinema paved the way for the deal but the other holdouts senator Joe Manchin remains a wild card mention spoke to reporters from his home state of West Virginia everything we're trying to do a reconciliation has been covered in some way or another in the American rescue plan we just did the one point nine trillion in

Mike Rossi President Joe Biden Senator Kiersten Cinema Senator Joe Manchin Medicare West Virginia
 Manchin wavers on Biden's plan, Democrats vow to push ahead

AP News Radio

00:44 sec | 7 months ago

Manchin wavers on Biden's plan, Democrats vow to push ahead

"West Virginia democratic senator Joe Manchin says he's ready to vote on the infrastructure bill while he wavers over supporting president Biden's larger domestic policy proposal after months of negotiations and back and forth between president Biden another party members West Virginia Democrat Joe Manchin says he now wants passage of the one trillion dollar infrastructure bill claiming it's being held hostage by progressive party members in the house it's time to pass a bill quit playing games mentioned also says he's open for voting for Biden's bill or against it he tells reporters he's troubled by what he sees show games budget gimmicks that make the real cost of the so called one point seven five trillion dollar bill estimated

President Biden Senator Joe Manchin West Virginia Joe Manchin Progressive Party Biden
Biden announces deal, seeks votes: 'Let's get this done'

AP News Radio

00:47 sec | 7 months ago

Biden announces deal, seeks votes: 'Let's get this done'

"President Biden is on his way to summits in Europe after announcing what he calls the historic frame work with Democrats on his domestic policy package the dollar total is half of what the president originally wanted about one point seven five trillion dollars worth of social services and climate change programs I would paired with the bipartisan infrastructure bill will truly transform this nation we now spend came after he went to the capitol to lobby divided Democrats let's get this done after months of talks top priorities like paid family leave weren't left out no one got everything they wanted including me that frustrated some lawmakers though the White House believes the slim down package can pass the evenly split Senate Sager made Ghani Washington

President Biden Europe White House Sager Senate Ghani Washington
Biden announces 'historic' deal, asks Democrats for votes

AP News Radio

00:47 sec | 7 months ago

Biden announces 'historic' deal, asks Democrats for votes

"After months of talks president Biden says there is finally a deal with congressional Democrats on his sweeping domestic policy package I know we have a stark economic framework the president bills it as a package that'll fundamentally improve millions of lives one point seven five trillion dollars in social services and climate change programs but it's dramatically scaled back from what he wanted officials say things like paid family leave are not included but that's what compromises amid disagreements among various blocks of Democrats the president went to the capitol this morning to lobby them hours before leaving for Europe one source says he told them what happens in the next week will determine the fate of his presidency Sager mag ani Washington

President Biden Europe Sager Mag Ani Washington
Biden to meet House Dems before Europe trip: report

AP News Radio

00:38 sec | 7 months ago

Biden to meet House Dems before Europe trip: report

"Hi Mike Ross you're reporting president Biden plans to speak to the house democratic caucus this morning in a bid to push the domestic spending package over the line with his signature one point seven five trillion dollar domestic initiative still not finalized president Joe Biden plans to speak for the house democratic caucus this morning a person familiar with the plan tells the Associated Press on condition of anonymity the Democrats have been trying to Whittle down what was a three trillion dollar package without alienating varying constituencies in the party but the cuts must ultimately meet with the approval of the two democratic holdouts in the Senate Arizona's Kristin cinema and west Virginia's Joe Manchin where

President Biden Mike Ross President Joe Biden The Associated Press Whittle Kristin Cinema Senate Arizona West Virginia Joe Manchin
Democrats continue to negotiate on Biden's Build Back Better bill before he heads to Europe

AP News Radio

00:49 sec | 7 months ago

Democrats continue to negotiate on Biden's Build Back Better bill before he heads to Europe

"Hi Mike Rossi a reporting Democrats say they're getting closer but they still haven't finalized president Joe Biden sweeping domestic plan despite house speaker Nancy Pelosi declaring Democrats are in pretty good shape on president Joe Biden's signature domestic spending plan there is no final agreement yet senator Joe Manchin panned the newly unveiled plans for a billionaire's tax to help pay for the one point seven five trillion dollar package mentioned also turned thumbs down on paid family leave a reconciliation bill major problems in California Biden has been pushing for talks to conclude before he leaves for overseas global summit but while that deadline is symbolic another deadline looms Sunday that's when the smaller bipartisan roads and bridges infrastructure bill must be approved by the house or funds for routine transportation programs could expire Mike

Mike Rossi Joe Biden Senator Joe Manchin Nancy Pelosi Biden California Mike
Democrats scramble to finalize spending package before Biden's trip abroad

AP News Radio

00:44 sec | 7 months ago

Democrats scramble to finalize spending package before Biden's trip abroad

"Rossi a reporting even at half its original size Democrats are laboring to finalize president Joe Biden's big domestic spending plan congressional Democrats continue to say they're getting close but they still don't have agreement on all elements of president Joe Biden's now one point seven five trillion dollar domestic spending plan several democratic leaders met with Biden at the White House Tuesday afterwards representative Joyce Beatty who chairs the congressional black caucus was sounding confident our collective power is what will get the president's plan to sign but the Democrats are struggling to reduce some programs and eliminate others and representative privilege I appalled chairs the congressional progressive caucus cautioned yet again nothing is agreed to until everything is agreed to final

President Joe Biden Rossi Joyce Beatty Joe Biden Biden White House
Billionaire tax takes shape as Biden pushes for budget deal

AP News Radio

00:51 sec | 7 months ago

Billionaire tax takes shape as Biden pushes for budget deal

"President Biden is pushing for a deal on his social services and climate change plan before heading overseas later this week very positive you get it done before the the president says he's hopeful it will come together soon Democrats are poised to unveil a new billionaires tax to help pay for a package little tally at least one point seven five trillion dollars after earlier tax plans fizzled the president's again highlighting the packages child care proposals my name is K. okay how you doing my name's Joe good to see first visiting in New Jersey elementary school and then a transit center so let's get this done let's move where he appealed for Congress to pass a related infrastructure bill he says is vital to boosting America's global competitiveness Sager mag ani Washington

President Biden JOE New Jersey Congress America Ani Washington
"seven five trillion dollars" Discussed on WLS-AM 890

WLS-AM 890

02:13 min | 2 years ago

"seven five trillion dollars" Discussed on WLS-AM 890

"And cancel the loan for ninety five percent of the. what she's saying here it is so a few things one immediate keeper trainers charismatic I'm not seeing it I'm not sure charismatic and Hillary Clinton but so is whatever died in the studio around here I get lots of things are more charismatic and Hillary Clinton as not a standard for Christmas but beyond that her plan actually makes no sense because the fact is if you think she's raising two point seven five trillion dollars over the next ten years with this well text number one it's unconstitutional there's nothing in the constitution that allows you to tax well not income right which is legalized idiotically by the sixteenth amendment but well there's nothing there that allows you to tax wealth itself especially stuff that people are you pay tax on your talking about. tax already paid tax on all the income that I make and now you're gonna come in and tax me again. based on what moral principle I don't tax me again beyond that just speaking realistically it is not going to raise this amount of money that's not me speaking at factcheck dot org speaking quote some economists think that assumption is you Rosie one of the tax policy center nor the tax foundation have yet released a full analysis of warrants plan economists have both said there is reason to believe that warrants revenue estimate is too high. I'll be home alone a chief economist and vice president of economic analysis of the nonprofit pro business tax foundation so the assumption a fifteen percent tax evasion her plans as they'll be fifteen percent tax a measure of one's. is that's actually the average avoidance but the entire US tax system which is primarily the income tax and payroll tax these taxes are much harder to avoid than a wealth tax because in income transaction is hard to gamer hides in the tax authorities a wealth tax on the other hand is much harder to enforce for one much of the wealth tax base doesn't have a market price of for example I own an ownership stake in daily wire how does that value out the answer is you have no actual answer because there is no way to evaluate the fair market value it is not a publicly held company like a piece of stock that is publicly held. it's not just people on the right who are suggesting all this is a we'll get to that in just one second first September is a national life insurance awareness month you probably weren't aware of that because why would you be but now you are aware well now that you're where should you go check out some life insurance I know you don't think about death they don't think about life insurance but you know what you can do you can go over the policy genius and get to taking care.

Hillary Clinton Rosie US chief economist vice president fifteen percent seven five trillion dollars ninety five percent one second ten years
"seven five trillion dollars" Discussed on 860AM The Answer

860AM The Answer

09:47 min | 2 years ago

"seven five trillion dollars" Discussed on 860AM The Answer

"Cory and we're back and I'm sorry to be the bearer of bad tidings and a lot if you don't want to hear the not so friendly to trump perspective but we've got to be realists when you're looking at the possibility that Elizabeth Warren or Bernie Sanders McAnally Harris could end up as president of the United States because the Republican Party put its head in the sand you know then I would be failing you by not being might not expressing concern at this point that maybe we need to consider the possibility that we need to do something different on the right or in the middle yeah because that's where I live in the middle so if we look at Lindsey Graham since John McCain's unfortunate passing what we see is one a guy who is a creature of the Senate who is certainly not considering what he called his first attempt at running for president a presidential pumping but you know what his behavior remember that in twenty fifteen Lindsey Graham called Donald Trump xenophobic race better and urged him to get out of the race since then he became one of the president's favorite golf buddies but over the past few weeks we've seen more of the old Lindsey Graham then the new Lindsey Graham now I think he say fully believes he does not have to worry about the challenge on the right for the South Carolina senatorial primary but he is looking at a really strong democratic challenger the former a former a legislator and and the president and my chairman of the Democratic Party in South Carolina really impressive young lawyer running against him in the general and so we see in the past few weeks a different Lindsey Graham Lindsey Graham but I recognize who has strongly condemned the potential of Chinese interference in Hong Kong who has formed a teddy Roosevelt conservation caucus around the issue of climate change and birch the president to accept reality in a public way he's oppose the president's plan to pull out troops from Afghanistan and the reduction in foreign aid numbers wow and you know one must ask two questions is Bram shift over the past few weeks because what he's hearing back at home in the district I mean he even had very kind words for Joe Biden and when asked about the possibilities of a Biden presidency this week in South Carolina I was you know he was surprisingly calm warm in his comments about about what a wonderful person Joe Biden is and you know one has to ask whether what he's hearing in South Carolina a bulwark of the Republican Party whether or not those constituents are saying you know Lindsey you need to be a little more independent we like the old Lindsey Graham better than the new Lindsey Graham backs that's one of the messages I believe he's hearing and South Carolina but if that is if that's a position is correct based on the evidence then it adds credibility to what Joe Walsh is saying when a Republican incumbent with a better than fifty percent approval rating in a solidly Republican red state moves away from the president then there is obviously room for a challenge to that president and the funny part about all of this around Joe Walsh which brings us back to my biggest concern debt and deficits is that Walsh was a tea party and in twenty ten he ran on a platform of fiscal responsibility in this editorial in The New York Times said this week he is so alarmed about the renting of the fabric of the unity of the American people that dad didn't even make the column even low president trump in one term will add four trillion dollars to the national debt it's kinda like who's Kim which brings us to the Democrats who are living in a glass bubble take after kind of take a mental a trip science fiction trip with me here living in a glass bubble is really quite different than living in a glass house in a glass house the windows can indeed be broken by flying projectiles but it appears that leading the Democrats according to all the polls and procrastinator a prognosticators all the people who are leading the care you know the where the leading candidates although no voter has been asked to cast a vote yet they're not living under in a glass house they're living under some kind of a glass dome that that magically over the United States as though you know I've seen it in cartoons and and I've seen it I think the Simpson's were were you have this big dome over the city and and it sometimes and science fiction films and then you see the little the airplanes and so forth flying underneath the down and you know why I think that's true because none of these guys have a national security strategy it's as though they think you just push the button on the reliance desk and in the oval office and this giant dome would come down to protect the good old USA and its citizens from flying projectiles fired by hostile forces or isometric cyber warfare hi or time for bed some external terrorism or terrorism overseas or even the remote possibility that China might decide to make a demand on the one point one trillion dollars in treasury bills notes and bonds that it holds yes the the largest single foreign debt debtor debtor thought for a bit the United States is the debtor to okay the largest holder of US foreign debt twenty seven percent of our foreign debt is China so what if I spent about a day reading Elizabeth Warren's married plans for gun confiscate confiscation one free college and a huge role for the U. S. government and consumer become trolling consumer behavior and bad CEO behavior climate change free healthcare a new deal for the American Indians you know those those people those those people who inadvertently helped her to get a tenured faculty position at Harvard you know those American Indians all of this is paid for by her tax on the assets of those over worth over fifty million dollars here's the problem here's the prop her tax only raises two point seven five trillion dollars over ten years and that's about a third of the projected current federal deficit over that same period and current spending levels without enacting a single solitary one of her plans it begs two questions what about controlling debt remember when you were elected in two thousand ten and controlling debt was a priority to you senator and the other question is if the oceans can no longer protect us and there isn't an impenetrable glass dome over the United States because it's not feasible what is your national security plan her plan is to cut the defense budget strengthen our our our alliances have you ever heard of Seto senator Warren and cashmere or India and Pakistan we have an alliance and within CTO that we would have to uphold if war breaks out over Kashmir so I'm with you when you say you need to invest in this country in and in infrastructure and education it but both Warren and Bernie Sanders forget that our enemies have a vote and the weaker we are militarily the more likely they are to vote for naked aggression and the more we are in debt the weaker we will become militarily militarily and on that on that consequential note we're going to go take a quick.

Cory seven five trillion dollars fifty million dollars four trillion dollars one trillion dollars twenty seven percent fifty percent ten years
"seven five trillion dollars" Discussed on KGO 810

KGO 810

05:19 min | 2 years ago

"seven five trillion dollars" Discussed on KGO 810

"I'm John so this is the John bass or so my colleague Liz who has a column at the hills columnist for the hill as well as fox news which is much on fox business we turn to and most importantly Elizabeth Warren senator from Massachusetts professor from Harvard Law School and an outspoken progress and had a very successful rally at Macalester college in Minnesota last hours the photographs and the video show excited students said to be twelve thousand celebrating Liz warns seems to campaign with their hands straight up in the air some kind of cheerleading however the message was well received Liz it is not surprising to me that college aged young people especially young female people celebrate Liz Warren is her message resonating with the Democratic Party so that she can overtake Joe Biden who has a comfortable lead in all the following I'm saying or is she just the acceptable version of Bernie Sanders some kind of virtue signalling how do you read the excitement for Liz Warren I think that's interesting at what I think she has certainly to cut in two Bernie Sanders following and I think it's because I I my view is Bernie Sanders sort of a one trick pony he's talked about income inequality for four years now Elizabeth Warren is come along with eighteen different policy she's got a plan for everything and I think she does has more energy more new ideas and and I think people have responded well to that and dad said I don't have a single Democrat friend who is not shuddering at the idea of Elizabeth Warren becoming the nominee because they consider her too extreme the appeal of Joe Biden of course is that he can win moderate votes he can win presumably back some of the people some of the Democrats who crossed over to vote for president trump we shall see but I you know I have never thought that Joe dot Biden was going to end up being the candidate I just think he's frail and I doubt he doesn't perform well on the campaign trail Elizabeth Warren is the opposite she has enormous energy it's interesting John he's only one year younger than Hillary Clinton but she seems ten years younger sis so energized by all the vitriol she has about the American economy and what's wrong with that and you know she is attracted a lot of attention with all that desire for revolution to Bernie Sanders is the one who brought up revolution Elizabeth Warren is the one I want to carry it out well she's very well marriage and that might be a distinction we could make with math Hillary Clinton at at at eight it does where after the decades when you understand and in at the same time Elizabeth Warren is putting forward a version of Bernie Sanders it seems more acceptable for example here's an example Bernie Sanders is candid that his Medicare for all means taxing families down to twenty nine thousand dollars a year and more Elizabeth Warren is not so candid although she enjoys the celebration of Medicare for all she is not ready yet maybe in the general if she's not lucky enough to get the nomination yet to say that the tax burden for Medicare for all will be overwhelming so is Elizabeth Warren then successful in homogenizing the progressive message and doesn't that challenge Joe Biden Joe Biden's not successful in any and any homogenization whatsoever he's he's always telling stories about Maggie Thatcher it really is it's really kind of comical Elizabeth Warren has it has a simple answer for the economics of all the things he wants to do she's going to take SO two senses her way of saying two percent and then three percent of any billionaire anything over a billion dollars most people don't fall into that category including me and so most people I want to say okay United sounds okay those people don't really need their hundreds of billions of dollars the problem was that Warren has is if you add up all the programs he is espousing whether it's paying off student debt free childcare Medicare for all green new deal it's way more than the two point seven five trillion dollars that she wants to in effect in fact confiscate from wealthy Americans over the next ten years Amy is probably unconstitutional that kind of tax that she wants to put on me it's unworkable you've had ten countries OECD countries and is starting in nineteen ninety six who adopted that kind of tax a wealth tax and then abandoned at fourteen adopted at ten of abandon it because its soul unworkable and because guess what wealthy people leave your country so I don't think it's at all a workable plan she's promising the moon and she wants to basically you know steal the stars from all the rich people and pay for it's not going to happen is this.

John fox ten years twenty nine thousand dollars seven five trillion dollars billion dollars three percent two percent four years one year
"seven five trillion dollars" Discussed on 77WABC Radio

77WABC Radio

05:36 min | 2 years ago

"seven five trillion dollars" Discussed on 77WABC Radio

"ABC all the time no one echo devices I'm John dot so this is the John buses from my colleague Liz who has a column at the hills columnist for the hill as well as fox news is much on fox business returned to democratic president and most importantly Elizabeth Warren senator from Massachusetts professor from Harvard Law School and an outspoken progress and had a very successful rally at Macalester college in Minnesota last hours of the photographs and the video show excited students said to be twelve thousand celebrating Liz warns seems to campaign with their hands straight up in the air some kind of cheerleading however the message was well received Liz it is not surprising to me that college aged young people especially young female people celebrate Liz Warren is her message resonating with the Democratic Party so that she can overtake Joe Biden who has a comfortable lead in all the polling I'm saying or is she just the acceptable version of Bernie Sanders some kind of virtue signalling how do you read the excitement for Liz warrant I think that's interesting at what I think she has certainly cut in two Bernie Sanders following and I think it's because I I my view is Bernie Sanders sort of a one trick pony he's talked about income inequality for four years now Elizabeth Warren is come along with eighteen different policy she's got a plan for everything and I think she just has more energy more new ideas and and I think people have responded well to that that said I don't have a single Democrat friend who is not shuddering at the idea of Elizabeth Warren becoming the nominee because they consider her too extreme the appeal of Joe Biden of course is that he can win moderate votes he can win presumably backed us some of the people some of the Democrats who crossed over to vote for president trump we shall see but I you know I have never thought that Joe dot Biden was going to end up being the candidate I just think he's frail and I doubt he doesn't perform well on the campaign trail Elizabeth Warren is the opposite his enormous energy it's interesting John he's only one year younger than Hillary Clinton but she seems ten years younger see so energized by all the vitriol she has about the American economy and what's wrong with it and you know she is attracted a lot of attention with all that desire for revolution to Bernie Sanders is the one who brought up revolution Elizabeth Warren is the one I want to carry it out well she's very well marriage and that might be a distinction we could make with Hillary Clinton as an added to it does where after the decades when you understand and in at the same time Elizabeth Warren is putting forward a version of Bernie Sanders it seems more acceptable for example here's an example Bernie Sanders is candid that his Medicare for all means taxing families down to twenty nine thousand dollars here and more Elizabeth Warren is not so candid although she enjoys the celebration of Medicare for all she is not ready yet maybe in the general if she's not lucky enough to get the nomination yet to say that the tax burden for Medicare for all will be overwhelming so is Elizabeth Warren than successful in homogenizing the progressive message and doesn't that challenge Joe Biden Joe Biden's are successful in any and any homogenization of whatsoever he's he's always telling stories about Maggie Thatcher it really is it's really kind of comical Elizabeth Warren has it has a simple answer for the economics of all the things she wants to do she's going to take SO two senses her way of saying two percent and then three percent of any billionaire anything over a billion dollars most people don't fall into that category including me and so most people I want to say okay and I sounds okay those people don't really need their hundreds of billions of dollars the problem was that Warren has is if you add up all the programs he's espousing whether it's paying off student debt free childcare Medicare for all green new deal it's way more than the two point seven five trillion dollars that she wants to in effect in a fact confiscate from wealthy Americans over the next ten years eight is probably unconstitutional that kind of tax that you want to put on B. it's unworkable you've had ten countries OECD countries and starting in nineteen ninety six who adopted that kind of tax a wealth tax and then abandoned at fourteen adopted at ten of abandon it because its soul on workable and because guess what wealthy people leave your country so I don't think it's at all a workable plan she's promising the moon and she wants to basically you know steal the stars from all the rich people and pay for it's not going to happen this for the hills is a columnist and for fox news she also is a columnist and she's much on fox business Elizabeth Warren watching watching watching I'm John batch.

ABC John dot Liz ten years twenty nine thousand dollars seven five trillion dollars billion dollars three percent two percent four years one year
"seven five trillion dollars" Discussed on WCBM 680 AM

WCBM 680 AM

01:36 min | 3 years ago

"seven five trillion dollars" Discussed on WCBM 680 AM

"Warren her wealth tax plan well according to check dot org it ain't going to work Elizabeth Warren was attacked which tax which she calls the super rich she was to raise two point seven five trillion dollars from what she considers the altar wealthy in about say anybody with fifty million dollars or more is ultra wealthy but according to this fact check article and then the tax policy center neither day and neither they nor the tax foundation thank the cheesy isn't some fuzzy math she wants the use of if you want to tax the altar rich give everybody free forgive our college loan debt you contribute a hundred billion dollars to combat opioids of a lot of stuff here universal health care universal child care free tuitions you know free free free but it's not gonna be enough money the scary thing about this Clyde is the fact that if it's not enough money but she's going to commit to doing all the stuff where are they going to get their money and their own once you're on the hook your own both for you well in there where they're going to get it think about that every you know exactly what is going to get a warning that covered by your money there to get your money Clyde yeah they're gonna take it Donald Trump on the other hand gave us all a tax break yep you know you got the something to be said for capitalism in this country you know anyway whether you get it about capitalism socialism but we get what you.

Elizabeth Warren Donald Trump Clyde seven five trillion dollars hundred billion dollars fifty million dollars
"seven five trillion dollars" Discussed on WCBM 680 AM

WCBM 680 AM

01:35 min | 3 years ago

"seven five trillion dollars" Discussed on WCBM 680 AM

"Plan well according to check dot org if they go to work Elizabeth Warren was attacked which tax which he calls the super rich she was to raise two point seven five trillion dollars from what she considers the altar wealthy enough I'm say anybody with fifty million dollars or more this offer well the but according to this fact check article and then the tax policy center neither they neither they nor the tax foundation the cheeses and some fuzzy math she wants the use of she wants to tax the altar rich give everybody free forgive our college loan debt you contribute a hundred billion dollars to combat opioids of a lot of stuff here universal health care universal child care free tuitions you know free free free but it's not gonna be enough money the scary thing about this Clyde is the fact that if it's not enough money but she's going to commit to doing all the stuff where are they going to get the other money and they're on what you're on the hook your own both for you well in there where they gonna get it think about that every you know exactly what I'm going to get a warning if they're actually by your money there to get your money Clyde yeah they're gonna take it Donald Trump on the other hand gave us all a tax break yep you know you got this something to be said for capitalism in this country you know anyway whether you get it about capitalism socialism but we get what you want to know.

Elizabeth Warren Donald Trump Clyde seven five trillion dollars hundred billion dollars fifty million dollars
"seven five trillion dollars" Discussed on WCBM 680 AM

WCBM 680 AM

01:38 min | 3 years ago

"seven five trillion dollars" Discussed on WCBM 680 AM

"Wealth tax plan well according to check dot org if they go to work Elizabeth Warren was attacked which tax what she calls the super rich she wants to raise two point seven five trillion dollars from what she considers the altar wealthy in about say anybody with fifty million dollars or more is off for awhile but according to this fact check article and then the tax policy center neither they neither they nor the tax foundation the cheese using some fuzzy math she wants the is a she wants to tax the ultra rich give everybody free forgive our college loan debt you contribute a hundred billion dollars to combat opioids of a lot of stuff you universal health care universal child care free tuitions you know free free free but it's not gonna be enough money the scary thing about this Clyde is the fact that if it's not enough money but she's going to commit to doing all the stuff where are they going to get their money and their own once you're on the hook your own both for you well and they're where they're going to get it think about that every you know exactly what I'm going to get a warning that actually by the your money there to get your money client yeah they're gonna take it Donald Trump on the other hand gave us all a tax break yeah you know you got this something to be said for capitalism in this country you know anyway whether you get it about capitalism socialism but we get what you want to know am I going to be okay.

Elizabeth Warren Donald Trump seven five trillion dollars hundred billion dollars fifty million dollars
"seven five trillion dollars" Discussed on WAFS Biz 1190

WAFS Biz 1190

12:15 min | 3 years ago

"seven five trillion dollars" Discussed on WAFS Biz 1190

"To pick up their fair share. That's how we make a system that works. Not just for the rich and powerful, but works for all of us. We've watched Michael Bloomberg. We have watched. Billionaires stand up and say, look I want to run for president and one of the first planks in my plan is going to be no new taxes for billionaires. But all I'm asking for is a little slice for the tippy tippy top a slice that would raise. This is the shocking part Jim about two point seven five trillion dollars over the next ten years. Have you ever heard? I'm just saying have you ever heard such an idiot statement free loader billionaires? Oh, yeah. Just sitting on the how do you think they got to be billionaires? Unbelievable. I'm not a fan of Starbucks. And I'm certainly not a fan of the CEO. But look the man grew up in some of the worst part of Brooklyn. He had not two nickels to rub together. He never had any money. He went in, you know, probably worked in coffee shops as a kid. I don't even know. But they came from nothing. That's free loader billionaire that she's talking about. And she wa-. What happens? What happens this goes to socialism when we run out of other people's money to pay for all the free giveaways and governor mates social control and power grab on our freedoms that has to be paid for by taxpayers. It is just it's it's not forget about the statement in and of itself. But please don't you know, it just goes to show the insults that they consistently make to the majority of the vote voter base. I be so offended. If I worried democratic voter listening to that. They were dare insult your common sense. Forget about your intellect. That would insult your commonsense. Amazing. All right. Let's go to rapid fire Friday. Let's get to calls. Eight four four seven zero seven fifty five thirty three we've got lines open eight four four seven zero seven fifty five thirty three. Let me go to Brad. Brad's calling us from Kansas say, Brad. We don't have my fault. I guess. Yeah. Go ahead. Brad. I got you know, the first solar. You certainly are. Win. You win a chance to get on. I. I gotta say your program is solid. The only program ever says the unemployment doing up is a good thing. Yeah. Well, I've never heard anybody else say that. Well, it is. That's because nobody else either understands do what does make sense you say that. Good. Okay. I never saw that before. So you explain to one day, you know, that just makes sense. Yeah. Exactly in a country where we need sense. I mean, you're doing a great job. Thank thank you, brother. I appreciate it onto my question. Okay. The time. I was thinking about all these. You know, I'm a hundred percent pro-life. I'm not making any photos. Jeez. I'm heterosexual biological mayo. And proud of it. Yup. Nowadays identifier sells anyway to get on with it. I'm definitely pro life. I was wondering is there a way to people have investment like all over the country and everything. I don't know what the outcome would be or the fallout, but what people would find out, you know, where exactly there, but you know, what states turn vestments are maybe in pull their money out of their out of these these. Child sacrifice states to call them. Yeah. Yeah. I mean hit him in the pocket book. Oh, you get through these. People were their conscience seared, and they are a reprobate toss is. Yeah. Well, you know, we gotta take a stand somewhere in this black into. Yeah. Well, let me tell you how how we can do it to Brad. And we're doing that here. That's my goal here. New Furby say that my goal here is to get people aware that we can invest their money in companies that are supporting this garbage. And let me just tell you something. I I don't mean to go to long's, please hang on everybody. But look this is an important issue that Brad brings up let me just tell you what we are doing here at financial issues. So we've had to fortune fifty companies some of the largest companies in the world. Come to us. After eighteen months after a conversation that that we have had and. Come come to us and say that look. We want to be back on your list. We're no longer going to be involved in investing in these things anymore. And you know. Let me give you an example if every conservative Christian in America. Who in and certainly we're seeing that now people listening to this program, thousands millions. Working towards this. If everybody said. I'm move my money out of. XYZ fund. I use American fund is an example one I use them. I town hall. We'll be using it tomorrow in my town hall in Richmond Virginia. And I'm moving my phone 'cause I refuse to support. I'm not using God's money anymore. God gave me a stewardship responsibility for this money. I am not using it to support these companies that are supporting Planned Parenthood, and the abortions and all the all that garbage. I'm not doing it anymore. And all the boycotts in the world. All that stuff. It's all great. We need to keep doing it. But let me tell yourself then nights in a year. Not in two years, not in any long term way. The next day. Listen to me now the next day after that happened the next day, those companies would no longer be supporting that garbage. The next day. So a large mutual fund company goes to those companies say we are in trouble. We're losing billions of dollars of investments because you guys are supporting Planned Parenthood and abortion. We've got to take you out of our fund. Now, let me just put it in perspective that needs billions of shares being sold. Not to mention the billions of shares that are already being sold because of the of of evangelical Christians movie immediately, the company would say hold on. Don't do that tomorrow. I will make a public statement. There were no longer giving a nickel to that garbage. We're just gonna stick doing whatever we do. I would it would it would end it would ending that means no more campaign funds from these companies to the idiotic governors like New York Virginia. No, more you get campaign funds. Good luck, go out and collect your Nichols. From other people you're not getting millions of dollars from us anymore. That would be the end of it would stop it would stop immediately. That's why I'm so passionate about the work. We're doing we've already seen that. I I won't. I never ever mentioned the companies that that we are talking to right now, I'm talking to very very large companies again. And I don't talk about it. Because I promised them. I won't because if they think I'm using this degenerate contributions to the ministry or anything else they're gonna they're not gonna talk to me. I'm gonna lose credibility. Because I don't care about that. I care about them stopping what they're doing. And the more partners. We have this ministry. The more power we have. So if I say to everybody one of the companies that we got back on track a couple years ago was because I put a sell order out. And I asked everybody to sell it at this particular time, and they did it and the one stop shop like a rock and they wanted to get to the bottom of what happened. And it ended up to me it just so happened that a partner of mine is on there executive finance committee of the of this company and said, I can tell you what happened. Here's a here's an Email, look, and they called me even though they knew I existed. So look there are the kinds of battles. We've gotta fight. But here's what happens Brad. We evangelical Christian. We evangelize Christian churches have to be United. See when the Southern Baptists convention. I love when the southern Baptist convention would go to guide stone mutual funds and say we are finished. You know, what that means billions of dollars? We're finished. We're pulling all our money. See when that happens because we are no longer preaching against this. Why we're putting our money into those funds. So you either stop or we're done if that happens, you know, what that would do. To destroy the abortion industry and contributions to campaign funds. So look we hold all the power. The problem is unity. Isn't it? There's not unity in the power that we have because unfortunately with that power. We have something that every human being seems to be falling victim of and that's pride and ego. Wow. No. I'm not gonna listen. If I lied it. I'll do it. But if I'm not leading I'm not gonna do it. And why should I do what I gotta worry about my own little world for all. I gotta worry about it. We we're not we don't we're not exempt is Christians from any of that. We are. I got an Email yesterday. Last night from somebody. That didn't criticize me they actually they were complimenting me. But said, I don't know how you can have a Kelly. Shocker furred, the first liberty on your radio program asking us to give to that organization. When we know. And you know, that you survive grow and exist because we give to your organization yet. You're saying that they're doing more important work than. Yeah. That's true. I do that. You know, why? Because I'm here for the kingdom. I'm here for the kingdom. And I'm not here for the ting Dema financial issues. We have got to get kingdom minded everybody every church in every organization. It's about the kingdom and trust that God will provide for our mystery as we.

Brad Michael Bloomberg Starbucks CEO president Jim Brooklyn I town hall ting Dema partner America Kelly Richmond Virginia Nichols New York Virginia Kansas executive seven five trillion dollars eighteen months
"seven five trillion dollars" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

01:34 min | 3 years ago

"seven five trillion dollars" Discussed on MAD MONEY W/ JIM CRAMER

"Billionaire stand up and say, look I want to run for president and one of the first planks in my plan is going to be no new taxes for billionaires. But all I'm asking for is a little slice from the tippy tippy top a slice that would raise. This is the shocking part Jim about two point seven five trillion dollars over the next ten years. That's money we made so that every kid in this country has a decent. Childcare opportunity has an opportunity for pre K has an opportunity for a decent school. All we're asking is. When you make it that big put something back in and for asking for a little fairness in the system, you know that top one tenth of one percent this year taxes all in. They're going to pay about three point two percent of their total worth in Texas to help keep everything running around here. You know, what the nine? Eighty nine percent is going to pay this year. They're gonna pay about seven point two percent of their well that's more than twice as much what I want. I want these billionaires to stop being freeloaders them to pick up their fair share. That's how we make a system that works. Not just for the rich and the powerful but works for all of us. Will there you go? I want to thank you for coming on. Thank you for putting the other side, Tim Sloan, and of course, flushing out your plan, which I know a lot of people do favor. I wanna thank you Senator. Elizabeth Warren coming on mad money. Thank you, Jim monies back..

Jim Elizabeth Warren president Tim Sloan Senator Texas two percent seven five trillion dollars Eighty nine percent one percent ten years
"seven five trillion dollars" Discussed on KDWN 720AM

KDWN 720AM

03:24 min | 3 years ago

"seven five trillion dollars" Discussed on KDWN 720AM

"Now they want to have a wealth tax. What are we dealing with here? Trotskyites Maoists Leninists. What are we dealing with here? Does this sound like Americanism to you? This is sound like what the founders for all about. What do I wonder what Tommy Christopher? They probably thinks. This is just great. Senator Elizabeth Warren is planning to propose a wealth tax on some of the richest Americans an economist who advises her told CNBC today. Now, you see because most people are not as wealthy as the amount of money. She's going to mention they'll say, yeah. Fine. Good until it affects them. Until it affects them until they lose their job. But you see this is very amorphous. It's an abstraction. So if somebody put something like this in place. You don't know if you are going to be affected directly, you don't know for family members going to be affected directly. And if they are the media's long-on, it's not like they're going to do a story on, you know, what eight hundred thousand people in the private sector have lost their jobs over the last year as a result. They won't give a crap. They're in food lines. They're selling their own plasma. They will give a crap. They could care less. The new tax from Warren. Would only apply to Americans with more than fifty million dollars in assets. Not income. Assets. Now, let me give you an example. Let's say you're a developer. And you own several apartment buildings. And they're worse assets. Assets doesn't mean you have liquid assets. The assets are worth one hundred million dollars. She wants to have a wealth tax. Wait a minute. I I don't have the liquid assets the upkeep these apartments, and maybe these other businesses I'm in plus pay. The marginal tax rate is seventy percent plus on top of that pay the well tax. Well, then what are you gonna do? What are you gonna do? You're going to go broke. That's what you're gonna do. Well, somebody else by no they won't because you have a wealth tax. And it'll be harder and harder to accumulate wealth. We help here with the numbers. Economists Emmanuel says told CNBC we said he believed that proposal will be officially announced tomorrow. He said his understanding was that warrant the warranty team had already spoken with the Washington Post at the time. He told them the details of the report. So this is in the post and CNBC. The announcement will be made tomorrow, I think, and I was confused because when I talked to the person I thought that Warren's team had already talked to the press. He said, I shouldn't be talking. You know, well, you are big mouth the wealth tax is projected to apply to less than point one percent of US households. Okay. This is how this works and would raise two point seven five trillion dollars over ten years..

Senator Elizabeth Warren CNBC Emmanuel Washington Post Tommy Christopher US developer one hundred million dollars seven five trillion dollars fifty million dollars seventy percent one percent ten years
"seven five trillion dollars" Discussed on The Young Turks

The Young Turks

03:32 min | 3 years ago

"seven five trillion dollars" Discussed on The Young Turks

"Do says it's being described by two Vert visors, Emmanuel CEOs and Gabrielle duckman to left leaning economists at the university of California Berkeley, they've been advising war on a proposal to Levy a two percent wealth tax on Americans with assets of both fifty million dollars as well as a three percent wealth tax on those who have more than one billion dollars. According to say, it's this would be an annual tax based not on income, but on actual accrued wealth targeting very small percentage of the population. So they think that the wealth tax would raise two point seven five trillion dollars over a ten year period from about seventy five thousand households or less than point one percent of all of the households in the US. So let me start with the obvious. And then go to important points about what this says about Elizabeth Warren. The there's a debate in the press, whether this will be a popular idea. There's no debate over it. Okay. Look, it's one thing when they twist Alexandria, crosser Cortez words and pretend everybody's gonna get taxes seventy percent. When in reality. She said the ten million dollar for only people that make over ten million dollars and sixty to seventy percent, but you could see a big trick people with that here. This only applies to people making over fifty million dollars. And everybody gets they're not may they or have in wealth fifty over fifty million dollars. Everybody gets they don't have fifty million dollars. Even the guys who are like, you know, work at WalMart. But I've been convinced by Donald Trump and Republicans that I'll any day now any day now, they might think they're going to give a million or ten million. They noting fifty million right? And so when you hear how much money it raises that could then be used to so many good purposes. This is going to be an incredibly popular plan. Hear me. Now, quote me later, this will be well above fifty percent, very likely above sixty percent. And you can. Keep on going. There will be no real debate outside of Washington in Washington where the powerful and the incredibly rich rule there will be tremendous debate. And it'll be considered a fringe radical movement. Supported by an overwhelming majority of the American people some one of the things that stood out to me about the idea of a wealth tax. And I know I'm referencing her here. It's not to say that I find her credible or that I even like her, but it just goes to show you and to further prove jank's point that there really isn't much of a debate about this wealth tax when your cost of Cortez had that interview with Anderson Cooper and mentioned increasing the taxes at the top marginal tax rate. Or bracket, I should say. Ann Coulter vol- people tweeted in support of that idea and said that we need a wealth tax. And so I did not expect that coming from a right winger. I mean conventional wisdom would have you believe that they would not support something like that. But I think at this point people understand the importance of economic quality because we do not have that right now. And there are so few people who are at that level of wealth, and we need to equalize the system a little bit, right? And also, what's what's really good about this plan? And why it actually is fairness should it should be considered fair. And it's interesting and Coulter thinks that I think that's good. And I don't usually say anything like things she said was good. So that's that's nice, but we people who own property, which is an element of wealth assets for middle class people not not everybody, but us something that tends to be at least the largest asset with weevil own..

Donald Trump Ann Coulter Gabrielle duckman US university of California Berke Elizabeth Warren Alexandria WalMart Levy Washington weevil Anderson Cooper jank Cortez fifty million dollars seventy percent seven five trillion dollars one billion dollars ten million dollars ten million dollar
"seven five trillion dollars" Discussed on WTVN

WTVN

06:27 min | 3 years ago

"seven five trillion dollars" Discussed on WTVN

"Radio Sundays at six AM and ten AM on six ten WTVN. Now, ladies and gentlemen, while I'm on the subject. Of Okasha Cortes. Let's take a look at a Bryant proposal now by Elizabeth Warren. This is from CNBC. Senator Elizabeth Warren is planning to propose a wealth tax. Now, let's just slow now. So they wanna have a carbon tax that is an air PTACs. Make no mistake about it attacks on the excuse me on the atmosphere. Whenever carbon tax. They wanna have a income tax maximum rate of seventy percent marginal tax rate or even up to ninety percent. And now, they won't have a wealth tax. What are we dealing with here? Trotskyites Maoists Leninists. What are we dealing with here? Does this sound like Americanism to you? This is sound like what the founders for all about. I wonder what Tommy Christopher they probably thinks. This is great. Senator Elizabeth Warren is planning to propose a wealth tax on some of the richest Americans an economist who advises her told CNBC today. Now, you see because most people are not as wealthy as the amount of money. She's going to mention they'll say, yeah. Fine. Good until it affects them. Until it affects them until they lose their job. But you see this is very amorphous. It's an abstraction. So somebody put something like this in place. You don't know if you are going to be affected directly. You don't know a family members going to be affected directly. And if they are the media's long gone, it's not like they're going to do a story on what eight hundred thousand people in the private sector have lost their jobs over the last year as a result. They won't give a crap. They're in food lines. They're selling their own plasma. They will give a crap. They could care less. The new tax from Warren. Would only apply to Americans with more than fifty million dollars in assets. Not income. Assets. Now, let me give you an example. Let's say you're a developer. And your own several apartment buildings. And they're worth assets assets doesn't mean you have liquid assets. The assets are worth one hundred million dollars. She wants to have a wealth tax. Wait a minute. I I don't have the liquid assets the upkeep these apartments, and maybe these other businesses I'm in plus pay. The marginal tax rate is seventy percent plus on top of that pay the well Tex. Well, then what are you gonna do? What are you gonna do? You're going to go broke. That's what you're gonna do. Or somebody else will by no they won't because you have a wealth tax. It'll be harder and harder to accumulate wealth. We help her with the numbers. Economists Emmanuel say as told CNBC we said he believed that proposal will be officially announced tomorrow. He said his understanding was that warrant the warranty had already spoken with the Washington Post at the time. He told them the details of the report. So this isn't the post and CNBC. The announcement will be made tomorrow, I think, and I was confused because when I talked to the person I thought that warrants team already talked to the press he said, I shouldn't be talking. You know, well, you are big mouth the wealth tax is projected to apply to less than point one percent of US households. Did this is how this works and would raise two point seven five trillion dollars over ten years. A wealth tax. Not only will they take revenue out of the economy. Now, they're going to take somebody's property flat out out of the economy because that's what we're talking about. It's fifty million today. It's Venezuela tomorrow. I'm telling you the truth. Because their ideas are endless. They're spending is endless. Their hate for wealth creation and prophets in the private sector is obvious. Because they can't get strong. They can't control the private sector. Unless they take over pieces of it warrants idea comes alongside other democratic lawmakers plans to raise taxes on the wealthiest Americans to pay for him bishops policy goals such as a green new deal that aims to reduce economic inequality and combat the causes of climate change. So we have a green new deal. We have proposals that everybody should have a minimum wage that is minimum income paid for by the taxpayers. Another proposal that if somebody can't find a job the federal government should hire them. Another proposal that everybody should have access to single payer government run healthcare. Another proposal some from the same people, by the way, free college for anybody who wants it. Ladies and gentlemen. This is a turning point in our country. It absolutely is a turning point in our country. Do you want to be a free people or not? Why do we care if somebody has fifty million dollars? We're gonna take some of that away from them. You think they're just going to be able to bring maintain whatever it is that they're doing. I'll be right back. You all know that.

Senator Elizabeth Warren CNBC Okasha Cortes Emmanuel Washington Post Bryant Tommy Christopher Venezuela US developer fifty million dollars seventy percent one hundred million dollars seven five trillion dollars ninety percent one percent ten years
"seven five trillion dollars" Discussed on WCBM 680 AM

WCBM 680 AM

05:57 min | 3 years ago

"seven five trillion dollars" Discussed on WCBM 680 AM

"Weekdays at noon on talk radio. Six eighty WCBS. Now, ladies and gentlemen, while I'm on the subject. Cossio cortes. Let's take a look at a brilliant proposal now by Elizabeth Warren. This is from CNBC. Senator Elizabeth Warren is planning to propose a wealth tax. Now, let's just slow now. So they wanna have a carbon tax that is an air PTACs. Make no mistake about it attacks on the excuse me on the atmosphere. Whenever carbon tax. They wanna have a income tax maximum rate of seventy percent marginal tax rate or even up to ninety percent. And now, they won't have a wealth tax. What are we dealing with here? Trotskyites Maoists Leninists. What are we dealing with here? Does this sound like Americanism to you? This is sound like what the founders are all about. I wonder what Tommy Christopher they probably thinks. This is just great. Senator Elizabeth Warren is planning to propose a wealth tax on some of the richest Americans an economist who had visors her told CNBC today. Now, you see because most people are not as wealthy as the amount of money. She's going to mention say, yeah. Fine. Good. Until it affects them. Until it affects them until they lose their job. But you see this is very amorphous. It's an abstraction. So if somebody put something like this place. You don't know if you are going to be affected directly, you don't know for family members going to be affected directly. And if they are the media's long gone, it's not like they're going to do a story on, you know, what eight hundred thousand people in the private sector have lost their jobs over the last year as a result. They won't give a crap. They're in food lines. They're selling their own plasma. They won't give a crap. They could care less. The new tax from Warren. Would only apply to Americans with more than fifty million dollars in assets. Not income. Assets. Now, let me give you an example. Let's say you're a developer. And your own several apartment buildings. And they're worse assets. Assets doesn't mean you have liquid assets. The assets are worth one hundred million dollars. She wants to have a wealth tax. Now, wait a minute. I don't have the liquid assets to upkeep these apartments, and maybe these other businesses in plus pay the marginal tax rate is seventy percent plus on top of that pay the well tax. Well, then what are you gonna do? What are you gonna do? You're going to go broke. That's what you're gonna do. Well, somebody else so by no, they won't because you have a wealth tax. It'll be harder and harder to accumulate wealth. We help her with the numbers. Economists Emmanuel says told CNBC we said he believed that proposal will be officially announced tomorrow. He said it's understanding was that warrant the warranty team had already spoken with the Washington Post at the time. He told them the details of the report. So this isn't the post and CNBC. The announcement will be made tomorrow, I think, and I was confused because when I talked to the person I thought that warrants team had already talked to the presi set, I shouldn't be talking. You know, well, you are big mouth the wealth tax has projected to apply to less than point one percent of US household. This is how this works and would raise two point seven five trillion dollars over ten years. A wealth tax. Not only will they take revenue out of the economy. Now, they're going to take somebody's property flat out out of the economy because that's what we're talking about. It's fifty million today. It's Venezuela tomorrow. I'm telling you the truth. Because their ideas are endless. They're spending endless. Their hate for wealth creation and prophets in the private sector is obvious. Because they can't get strong. They can't control the private sector. Unless they take over pieces of it. Why aren't idea comes alongside other democratic lawmakers plans to raise taxes on the wealthiest Americans to pay for Embiid policy goals such as a green new deal that aims to reduce economic inequality and combat the causes of climate change. So we have a green new deal. We have proposals that everybody should have a minimum wage that is minimum income paid for by the taxpayers. Another proposal that if somebody can't find a job the federal government should hire them. Another proposal that everybody should have access to single payer government run healthcare. Another proposal from the same people, by the way, free college for anybody who wants it. Ladies and gentlemen. This is a turning point in our country. It absolutely is.

Senator Elizabeth Warren CNBC Cossio cortes Emmanuel Washington Post Tommy Christopher Venezuela developer US seventy percent one hundred million dollars seven five trillion dollars fifty million dollars ninety percent one percent ten years
"seven five trillion dollars" Discussed on WMAL 630AM

WMAL 630AM

05:57 min | 3 years ago

"seven five trillion dollars" Discussed on WMAL 630AM

"W M A L. Washington comes to talk. Now, ladies and gentlemen, while I'm on the subject of a Cossio Cortez. Let's take a look at a brilliant proposal now by Elizabeth Warren. This is from CNBC. Senator Elizabeth Warren is planning to propose a wealth tax. Now, let's just slow now. So they wanna have a carbon tax that is an air PTACs. Make no mistake about it attacks on the excuse me on the atmosphere. One of the carbon tax. They wanna have a income tax maximum rate of seventy percent marginal tax rate or even up to ninety percent. And now they want to have a wealth tax. What are we dealing with here? Trotskyites Maoists Leninists. What are we dealing with here? Does it sound like Americanism to you? This is sound like what the founders are all about. I wonder what Tommy Christopher they probably thinks. This is just great. Senator Elizabeth Warren is planning to propose a wealth tax on some of the richest Americans economist who advises her told CNBC today. Now, you see because most people are not as wealthy as the amount of money. She's going to mention say, yeah. Fine. Good. Until it affects them. Until it affects them until they lose their job. But you see this is very amorphous. It's an abstraction. So if somebody put something like this in place. You don't know if you are going to be affected directly, you don't know family members going to be affected directly. And if they are the media's long gone, it's not like they're going to do a story on what eight hundred thousand people in the private sector have lost their jobs over the last year as a result. They won't give a crap. They're in food lines. They're selling their own plasma. They won't give a crap. They could care less. The new tax from Warren. Would only apply to Americans with more than fifty million dollars in assets. Not income. Assets. Now, let me give you an example. Let's say you're a developer. And your own several apartment buildings. And they're worth assets assets doesn't mean you have liquid assets. The assets worth one hundred million dollars. She wants to have a wealth tax. Now. Wait a minute. I I don't have the liquid assets to upkeep these apartments. And maybe these other businesses I'm in plus pay. The marginal tax rate is seventy percent plus on top of that pay the well tax. Well, then what are you going to do? What are you gonna do? You're going to go broke. That's what you're gonna do. Well, somebody else. No, they won't because you have a wealth tax. And it'd be harder and harder to accumulate wealth. We help here with the numbers. Economists Emmanuel says told CNBC we said he believed that proposal will be officially announced tomorrow. He said it's understanding was that warrant warranty had already spoken with the Washington Post at the time. He told them the details of the report. So this isn't the post and CNBC. The announcement will be made tomorrow, I think, and I was confused because when I talked to the person I thought that warrants team had already talked to the press he said, I shouldn't be talking. You know, well, you are big mouth the wealth tax is projected to apply to less than point one percent of US household to this is how this works and would raise two point seven five trillion dollars over ten years. A wealth tax. Not only will they take revenue out of the economy. Now, they're going to take somebody's property flat out out of the economy because that's what we're talking about. It's fifty million today. It's Venezuela tomorrow. I'm telling you the truth. Because their ideas are endless. They're spending is endless. Their hate for wealth creation and prophets and the private sector is obvious. Because they can't get strong. They can't control the private sector. Unless they take over pieces of it. Why aren't idea comes alongside other democratic lawmakers plans to raise taxes on the wealthiest Americans to pay for him bishops policy goals such as a green new deal that aims to reduce economic inequality and combat the causes of climate change. So we have a green new deal. We have proposals that everybody should have a minimum wage is minimum income paid for by the taxpayers. Another proposal that if somebody can't find a job the federal government should hire them. Another proposal that everybody should have access to single payer government run healthcare. Another proposal some from the same people, by the way, free college for anybody who wants it. Ladies and gentlemen. This.

Senator Elizabeth Warren CNBC Cossio Cortez Emmanuel Washington Post Washington Tommy Christopher Venezuela developer US seventy percent one hundred million dollars seven five trillion dollars fifty million dollars ninety percent one percent ten years
"seven five trillion dollars" Discussed on KDWN 720AM

KDWN 720AM

01:48 min | 3 years ago

"seven five trillion dollars" Discussed on KDWN 720AM

"Let me give you an example. Let's say you're a developer. And your own several apartment buildings. And they're worth assets assets doesn't mean you have liquid assets. The assets worth one hundred million dollars. She wants to have a wealth tax. Wait a minute. I I don't have the liquid assets the upkeep these apartments, and maybe these other businesses I'm in plus pay. The marginal tax rate is seventy percent plus on top of that pay the wealth tax. Well, then what are you gonna do? What are you gonna do? You're going to go broke. That's what you're going to do. Well, somebody else a by. No, they won't because you have a wealth tax. It'll be harder and harder to accumulate wealth. We help with the numbers. Economists Emmanuel says told CNBC we said he believed that proposal will be officially announced tomorrow. He said his understanding was that warrant the warranty had already spoken with the Washington Post at the time. He told them the details of the report. So this is in the post and CNBC. The announcement will be made tomorrow, I think, and I was confused because when I talked to the person I thought that warrants team had already talked to the press he said, I shouldn't be talking. You know, well, you are big mouth the wealth tax is projected to apply to less than point one percent of US households. Thi this is how this works and would raise two point seven five trillion dollars over ten years. A wealth tax. Not.

CNBC Emmanuel Washington Post developer US one hundred million dollars seven five trillion dollars seventy percent one percent ten years
"seven five trillion dollars" Discussed on WBSM 1420

WBSM 1420

01:43 min | 3 years ago

"seven five trillion dollars" Discussed on WBSM 1420

"Daria Albinger, ABC news. WBZ SM news headlines a spokesperson for the FBI says there's nothing new to report today regarding the investigation into coke. I associate agents raided locations yesterday in Warwick, Rhode Island and at fifty one state road in Dartmouth considerations reopen the bidding process for a casino license in southeastern Massachusetts. Being put on hold for the time being the Massachusetts gaming commission decided today to delay discussions on reopening the bidding process at Massachusetts. Senator. Elizabeth Warren is proposing a so-called ultra millionaires tax she buys for the twenty twenty democratic presidential nomination. Economists project that the Warren tax proposal would generate about two point seven five trillion dollars over the next ten years. The forecast some clouds the seething giving way to mainly clear skies, low twenty-seven, I'm Jim Phillips WB SM news. Warning, the Savage Nation contains adult language, adult content, psychological nudity. Listener disbarred. And now, America's most exciting radio talk show, the Savage Nation. Home of borders, whiteboard culture, and here, he is stop mass hysteria. Michael savage. Savage nation..

Savage Nation Elizabeth Warren Michael savage Massachusetts Massachusetts gaming commissio Daria Albinger FBI Jim Phillips ABC Rhode Island Senator Warwick America seven five trillion dollars ten years
"seven five trillion dollars" Discussed on WBSM 1420

WBSM 1420

01:50 min | 3 years ago

"seven five trillion dollars" Discussed on WBSM 1420

"Four degrees, light rain, Massachusetts. Senator Elizabeth Warren proposing a so-called ultra millionaire tax she buys for the twenty twenty democratic presidential nomination. According to to a communist advising a presidential campaign on that plan. The tax would hit an estimated seventy five thousand of the wealthiest American households. Economists project that the warranty axe proposal would generate about two point seven five trillion dollars over ten years. Governor Charlie Baker, preparing your present lawmakers with ideas, and how Massachusetts could help federal workers were furloughed working without pay because of the partial government shutdown. The Republicans said today his administration is looking for ways the state's unemployment insurance system could be tapped to help workers. He said many are struggling to pay. Rando mortgages or meet other daily cost of living. There are about forty seven thousand federal employees living in Massachusetts. In New Bedford. Ward six councillor, Joe Lopes has filed a motion for tonight's council meeting asking city officials to devise a temporary amnesty program for those city. Residents affected by the federal government shutdown goes residents would be able to set up a payment plan with the city for property taxes water and sewer bills forgoing any penalties or interest through that shutdown and days after it ends the manner will likely be referred to the council committee on finance Republican governor Charlie baker's plan to overhaul the state's education formula is coming under criticism. From some advocates who say it doesn't go far enough. The proposal unveiled Wednesday calls for one point one billion dollars in additional school funding over seven years bunch of a targeted to economically disadvantaged students, but.

Massachusetts Charlie baker Senator Elizabeth Warren New Bedford Joe Lopes Ward seven five trillion dollars one billion dollars Four degrees seven years ten years
Boooh! California Bows To Industry Pressure, Reduces HOV Lane Access For EVs. Fight Back!

Masters in Business

01:01 min | 4 years ago

Boooh! California Bows To Industry Pressure, Reduces HOV Lane Access For EVs. Fight Back!

"Authority to resolve broad policy questions with profound implications for the global economy international relations in america's national security new york sued the companies in january claiming they're the world's largest public companies contributing to global warming california has moved up one rank to become the world's fifth largest economy according to state analysis of federal data california's gross state product was two point seven five trillion dollars in two thousand seventeen up by one hundred billion from the prior year california is now behind germany and ahead of the united kingdom in the size of its economy new york governor andrew cuomo says a proposal to open supervised injection sites for a legal drug users in an effort to combat fatal overdoses we'll be closely reviewed he said the plan to open injection sites races legal questions global news twenty four hours a day on air and a tick tock on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm mark tells bloomberg radio i'm barry ritholtz.

America York California Twitter Mark Barry Ritholtz Germany Andrew Cuomo Bloomberg Seven Five Trillion Dollars Twenty Four Hours