Today Michael Bloomberg called out Eizabeth Warren for her so-called “wealth tax” on the American people, noting it “probably is unconstitutional.”
“Well number one, I think the Constitution lets you impose income taxes only. So it probably is unconstitutional. Number two, I don’t know of any country that has done that — people earn money, they pay their taxes, and then they don’t have — expect the government to come back and take some of it away.”
Bloomberg also said:
“We need a healthy economy and we shouldn’t be embarrassed about our system. If you want to look at a system that’s non-capitalistic, just take a look at what was perhaps the wealthiest country in the world, and today, people are starving to death — it’s called Venezuela.”
Good points, Mr. Bloomberg.