I will almost shamefully admit that I started my political life as a Republican. My first vote for president was a Republican. If in doubt I voted with the GOP. I don’t vote that ticket much anymore as they have drifted so far off their original course as to annihilate my image of them.
One of the main things that appealed to me was their fiscal restraint. Another thing I admired was their desire to keep our government as small as possible and still be able to do their job. One of the things I never liked was their hawkishness when it came to war. Another was for the last hundred years they have been pretty much the party for the rich and affluent. But that wasn’t always the case.
Getting to the point of this post, my favorite Republican was without a doubt was Theodore Roosevelt. He had a big ego but he also, for an inherited rich guy, had a lot of compassion for the “average guy on the street”. Here is a memorable quote from him about that.
“It is important,” said Theodore Roosevelt in 1906, “to grapple with the problems connected with the amassing of enormous fortunes” — some of them, he declared, “swollen beyond all healthy limits.”
And indeed he went on to “grapple” very well with that problem of the Robber Barons who were primarily concerned with amassing wealth regardless of the method.
Now I want to talk about my hidden reason behind this post and that is to explain why I am so enamored toward Elizabeth Warren’s candidacy. She, like Teddy Roosevelt before here, has spent most of her life fighting for the “common man”. She, unlike most of the rest in the current and growing field of candidates, has lived what she preaches.
The Warren proposal would impose a 2 percent annual tax on an individual household’s net worth in excess of $50 million, and an additional 1 percent on wealth in excess of $1 billion. The proposal was released along with an analysis by Emmanuel Saez and Gabriel Zucman of Berkeley, two of the world’s leading experts on inequality.
Saez and Zucman found that this tax would affect only a small number of very wealthy people — around 75,000 households. But because these households are so wealthy, it would raise a lot of revenue, around $2.75 trillion over the next decade.
Source: New York Times
Make no mistake: This is a pretty radical plan.
I know the primary objective for everyone except the MAGA minority is to make sure that the current occupant of the Oval Office leaves on or before January 20,2021. When it comes time for the Democratic candidate to come head-to-head with this lying morally corrupt con-man, Elizabeth is up to the task. She may be a petite woman in body but she is also a giant killer who is not afraid to stand up to bullies. She has been doing just that her entire life.