Home » Senator Elizabeth Warren: Get rid of Filibuster to boost the wealth tax proposal through Congress

Senator Elizabeth Warren: Get rid of Filibuster to boost the wealth tax proposal through Congress

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(CNSNews.com) – Senator Elizabeth Warren (D-Mass.) Said on Monday she wants to get rid of the filibuster to prevent Republicans from blocking her wealth tax proposal if elected president.

During the presidential forum of the Poor Campaign, Warren was asked how she would enact her wealth tax proposal if she were elected president, given that Senate Majority Leader Mitch McConnell (R-Ky.) Will step in in the way of Warren's tax proposal, even if only the minority leader.

"Let's start at the technical level, because you asked the question that way, let's be clear, if we are in the majority and Mitch McConnell wants to block us in the kind of things our country needs or in the kind of things that elected me and other people. to enact, I am willing to get rid of the filibuster. "We can not let him block things like he did during the Obama administration," Warren said.

"I've been there when it was a set of rules when President Obama was president, and now it's a different set of rules now that they have Trump in the White House, we can not do that as Democrats, we have to be willing to go into this fight, "he said.

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Without citing specific details, Warren said that most Republicans support a wealth tax and get rid of student loan debt.

"The second part is to understand that it's about making democracy work," Warren said. "When you asked the question, and you rightly say, by the way, that tax on wealth. Not only is it popular with Democrats. Not only is it popular with independents. Most Republicans support him. The same to get rid of student loan debt. Most of the Republicans were there.

"This is something we can get support across the country, but what it really means is that we must be building our grassroots movement now. This is what the Campaign for the Poor is about, "he said.

"You have been doing this for a long time, but we are going to build it not only for November 2020, which I am in favor of, but we will maintain that momentum so that in January 2021 we fight for real change – a president who leads and a people who he says, this is what we want, this is how we press Congress and make the changes we need to make in this country, "Warren added.

Warren's "Ultra-Millionaire Tax" taxes the "richest Americans," according to his website.

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"Applies only to households with a net worth of $ 50 million or more, approximately 75,000 richest households, or 0.1% higher. Households would pay an annual tax of 2% on each dollar of net worth over $ 50 million and a tax of 3% on each dollar of net worth exceeding $ 1 billion. "Because the wealth is so concentrated, Saez and Zucman project that this small tax on approximately 75,000 households will generate $ 2.75 billion in revenue over a period of ten years," his website said.

According to its website, the objectives of the Campaign for the Poor are: "to change the narrative, impact elections and policies, and build power among the 140 million poor people in the United States."

He plans to force the national discourse to focus on "the real moral problems of the day," which he claims are: voting rights, medical care, housing, equitable education, indigenous sovereignty, decent-wage jobs and the right to join a union, " The clean air and water, the end of the proliferation of weapons, war and other issues in our moral agenda. "

. (tagsToTranslate) Washington

Source: https://www.cnsnews.com/news/article/melanie-arter/sen-elizabeth-warren-get-rid-filibuster-push-wealth-tax-proposal-through

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