The Democrats goofy plan of government greed

NY Times:
Democrats’ Plans to Tax Wealth Would Reshape U.S. Economy

Proposals from Elizabeth Warren and Bernie Sanders have raised concerns from economists and business leaders who fear the plans would sap economic growth.
There is no end to the government greed of some of the Democrat candidates for President.  They want to take the wealth earned by others and use it for their vote-buying schemes. The confiscation of wealth would destroy the economy and take away incentives for investment in businesses that create jobs.  It is one of the dumbest ideas in the history of Democrat's bad ideas.  It would also lead to people keeping their money in offshore accounts and investing elsewhere instead of this country.

One of the reasons the economy has done so well under Trump is the reduction in the taxes for offshore earnings which has led to the repatriation of that money and investments in this country.  These Democrat candidates' greed would be more than counterproductive.


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