WhatFinger

Says the Clintons are money hustlers

Bernie Sanders announces he would welcome the return of the 90% tax rate



A few weeks ago, when Bernie Sanders announced he'd be running against the "inevitable" President Clinton, I got all excited. Why is that? Well, as I said at the time, the Vermont socialist is completely unelectable for a whole host of reasons. They range from petty things like "appearance" to completely legitimate items like "utterly insane policy positions." In the end it all adds up to the same thing. Sanders won't make even the smallest of dents in the primaries, let alone claw his way into the general. However, as he self immolates, he could deal a little splash damage to the Democrat Party and Hillary Clinton.
It's going to be fun to watch, and it started today. During an interview with CNBC's John Harwood, Bernie Sanders announced that he's perfectly OK with a 90% tax rate. This, he thinks, would solve the "immorality" of the American economy.
HARWOOD: Have you seen some of the quotations from people on Wall Street, people in business? Some have even likened the progressive Democratic crusade to Hitler's Germany hunting down the Jews. SANDERS: It's sick. And I think these people are so greedy, they're so out of touch with reality, that they can come up and say that. They think they own the world. What a disgusting remark. I'm sorry to have to tell them, they live in the United States, they benefit from the United States, we have kids who are hungry in this country. We have people who are working two, three, four jobs, who can't send their kids to college. You know what? Sorry, you're all going to have to pay your fair share of taxes. If my memory is correct, when radical socialist Dwight D. Eisenhower was president, the highest marginal tax rate was something like 90 percent. HARWOOD: When you think about 90 percent, you don't think that's obviously too high? SANDERS: No. That's not 90 percent of your income, you know? That's the marginal. I'm sure you have some really right-wing nut types, but I'm not sure that every very wealthy person feels that it's the worst thing in the world for them to pay more in taxes, to be honest with you. I think you've got a lot of millionaires saying, "You know what? I've made a whole lot of money. I don't want to see kids go hungry in America. Yeah, I'll pay my fair share."

First of all, we're not sure who Harwood is talking about with the Nazi thing. Nazi comparisons are usually the purview of Harry Reid and Nancy Pelosi. Furthermore, there's really no point in focusing on the idea that Sanders is looking back to the Eisenhower administration for his economic ideas. The world's a different place than it was in the 50's. If Sanders thinks that he can get anywhere with the electorate while endorsing a return of the staggering 90% tax rate that JFK killed, he's got an even bigger screw loose than we thought. But, just for the sake of fun, let's pretend Bernie goes the distance. If Sanders somehow managed to get elected, and then somehow managed to implement such a scheme, the country would witness an exodus of wealth unlike anything we've ever seen. This isn't the isolated world of Sanders' youth. Millionaires aren't simply going to sit around and watch as everything they worked for is confiscated by "President Good 'ol Days." Virtually no one to whom such a tax could apply would put up with it. Fortunately, we don't have to worry about it because he hasn't got a prayer of getting anywhere near the White House. You can read the entire interview here but, lest you think everything Sanders says is completely nuts, we'll leave you with his assesment of the Clinton family. On this matter, he's 100% correct.
HARWOOD: It came out in disclosure forms the other day that Hillary Clinton and Bill Clinton, in the last 16 months, have made $30 million. What does that kind of money do to a politician's perspective on the struggles you were just talking about? Does it make it difficult for recipients of that kind of income to take on the system? SANDERS: Well, theoretically, you could be a multibillionaire and, in fact, be very concerned about the issues of working people. Theoretically, that's true. I think sometimes what can happen is that—it's not just the Clintons—when you hustle money like that, you don't sit in restaurants like this. You sit in restaurants where you're spending—I don't know what they spend—hundreds of dollars for dinner and so forth. That's the world that you're accustomed to, and that's the world view that you adopt.
Money hustlers!? say it ain't so!

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Robert Laurie——

Robert Laurie’s column is distributed by HermanCain.com, which can be found at HermanCain.com

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