Analysis: Senator Elizabeth Warren Appears to be Distorting Reality in Order to ‘Sell’ Her Wealth Tax Proposal

Senator Elizabeth Warren (D-MA) recently revived her campaign proposal for a wealth tax on taxpayers with a net worth exceeding $50 million. Unfortunately, the plan retains the same defects as her previous proposals to tax wealth, along with the same distortions she used to defend it last time.

Warren’s proposal, introduced along with companion legislation in the House sponsored by Rep. Jayapal (D-WA) and Rep. Boyle (D-PA), would tax wealth above $50 million at a rate of 2 percent, and wealth above $1 billion at a rate of 3 percent.

Senator Warren has routinely presented her wealth tax proposal as a minor, moderate tax on the ultra-wealthy. Just as she did on the presidential campaign trail, Warren is describing her plan as a “two cent” tax. This dishonest framing allows Warren to pretend that the tax is small.

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Commentary: The Last Time Bill Gates Helped America Was Common Core

Twenty years ago, No Child Left Behind (NCLB), the legislation intended to save American children from stupidity and the “soft bigotry of low expectations,” became law. Ten years later, Common Core came to the fore. They both failed. Like all liberal ideas, they started with good intentions and government intervention and ended in cheating, lying, and wasted taxpayer money.

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White House Petition to Investigate Bill and Melinda Gates Foundation for Unfounded Conspiracy Theory Reaches 600,000 Signatures

Over half a million people have signed a White House petition calling for an investigation into a conspiracy theory involving Bill and Melinda Gates.

Created by “C.S.” on April 10, the petition demands that the Bill and Melinda Gates Foundation be investigated for medical malpractice and crimes against humanity. There is no evidence to support these claims. The petition has 621,609 signatures as of Monday evening.

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Tennessee Students Still Struggle After Common Core ‘Rebranded’

  Students attending K-12 public schools in Tennessee are struggling to perform above average on national standardized tests. Partially adopted in 2010 and fully implemented by the 2013-14 school year, Common Core State Standards (CCSS) failed to produce the academic results expected. The Tennessee Department of Education and Governor Bill…

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Hamilton County Mayor Seeks 34 Cent Property Tax Hike to Hire 350 School System Personnel That One Board Member Says Are Unneeded

  Hamilton County Mayor Jim Coppinger on Tuesday presented a budget that includes a 34-cent property tax increase for the school system, The Chattanoogan reported. The proposed budget does not include any increase for the county general budget, the publication said. Coppinger had previously talked about including 15 cents for…

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Bill Gates Backs 17 Percent Hamilton County Property Tax Hike For Education, While School Board Member Questions Need for 350 New Non-Teaching Positions

  Bill Gates says he will continue to pour his foundation’s money into Tennessee education initiatives and he seemed to endorse a proposed 17 percent Hamilton County property tax increase, according to an interview with the Chattanooga Times Free Press. The interview is available here. The Bill and Melinda Gates…

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Bill Gates Backs $30 Million Push for Early Alzheimer’s Diagnostics

Bill Gates

Reuters   Billionaire Bill Gates and Estée Lauder Cos chairman emeritus Leonard Lauder on Tuesday said they will award $30 million over three years to encourage development of new tests for early detection of Alzheimer’s disease. For Microsoft co-founder Gates, launch of the Diagnostics Accelerator program follows an announcement in November of a…

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Gates Foundation Pushes Back On Report Saying $215 Million Education Investment Was A Flop

Bill Gates

by Rob Shimshock   Billionaire philanthropist Bill Gates’ $215 million investment in education was a colossal failure, according to a report by the RAND Corporation and the American Institutes for Research. But the foundation emphasized Friday some of the initiatives “important outcomes.” The Bill & Melinda Gates Foundation donated the…

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