Tag: elizabeth warren

WHEN REALITY BITES: Sen. Elizabeth Warren’s Factually Vacant ‘Rich Pay 8%’ Tax Claim

Sen. Elizabeth Warren (D-Mass.) would likely today be a quarrelsome local education union official somewhere in her native Oklahoma had she not left the Sooner State in search of greener pastures following her father’s death.

She was born in Norman, home of a certain college football team associated with a university that is actually a left-wing troll manufacturer in one of America’s reddest states, and somehow, according to Wikipedia, ended up graduating from Northwest Classen High School in Oklahoma City in 1966.

Having myself grownup on Okie City’s southside — aka the “poor side of town” where we rednecks resided —my classmates and I in Moore High School’s class of 1968 mostly viewed Classen as a school for rich kids because it drew students from some of the most affluent neighborhoods in the state.

Interestingly, Warren’s Classen debate team won a state championship. As it happens, I was on Moore’s debate team with a then-young fellow named Tom Cole, who was a year ahead of me. You may have heard of Tom as he’s now Chairman of the House Appropriations Committee, a position from which he wields vastly more influence on the nation than Warren likely ever will have.

Anyway, enough of the Liz Warren, Okie, history lesson. She ended up at Harvard, ran for the Senate and won in 2012, where she has afflicted the national public policy debate with endless streams of the Left’s nonsensical “government-is-our-salvation” rhetoric masquerading as intelligent discussion.

A recent example of which is her April 15 Tax Day “Reminder: The average taxpayer pays 13% of their income in taxes. The wealthiest 400 families in the U.S. pay just 8% of their income in taxes.It’s time to make the ultra-wealthy pay their fair share.It’s time to pass a wealth tax.” 

If you have paid even the scantest attention to American politics since FDR, you have heard millions of variations on Warren’s claim because it’s conventional wisdom on the Left, which has been failing the test of reality since before the New Deal.

As I expected, Just Facts Daily (JFD) addressed Warren’s assertion and found it wanting:

“IN FACT, the wealthy pay about 33% of their income in federal taxes, even after write-offs. Warren’s 8% figure misleadingly counts paper gains as income and excludes massive amounts of taxes paid by wealthy people,” JFD reported.

Here are the specifics (Actually, there are more, but the following seven points ought to be the end of the discussion. For those who want more, however, JFD is happy to oblige with five more points at the link):

  • The U.S. Treasury estimates that the richest 0.1% of families paid an average effective federal tax rate of 33.5% in 2024.
  • The Treasury’s estimates of effective federal tax rates roughly accord with data published by the Congressional Budget Office, which typically lag the Treasury data by several years.
  • Unlike the incomplete and misleading tax rates reported by the media and politicians of both parties, the Treasury’s and CBO’s computations of effective federal tax rates reflect actual taxes paid (not marginal rates) and account for nearly all forms of income and nearly all federal taxes, such as capital gains, pensions, health benefits, payroll taxes, excise taxes, corporate taxes, hidden taxes and write-offs (aka preferences).
  • Warren cites no source for her figure of 8%, but it accords with a 2021 Biden White House analysis that estimated an “average federal individual income tax rate” of 8.2% for “America’s 400 wealthiest families” during 2010–2018.
  • Contrary to Warren, that analysis is not a full measure of “taxes” because it only includes “federal individual income taxes” and excludes all other types of federal taxes, such as social insurance taxes, corporate income taxes, excise taxes, estate taxes, and gift taxes.
  • Contrary to the law and reality, the Biden White House analysis understates the actual income tax rate by counting “unrealized capital gains” as “income.”
  • Per the Supreme Court’s 1920 ruling in Eisner v. Macomber, “increase in value of capital investment is not income in any proper meaning of the term,” and “mere growth or increment of value in a capital investment is not income.”

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Veteran Who Graham Platner Said Didn’t ‘Deserve to Live’ Slams Elizabeth Warren and Bernie Sanders for Backing Him 

Graham Platner, the Maine Democrat running for senate who has been plagued with multiple scandals calling his character into question, was recently exposed once again, for mocking a fellow war veteran and saying that he didn’t ‘deserve to live.’

That veteran is a man named Teddy Daniels and he just wrote an op-ed for the Wall Street Journal, firing back at Platner for his comments.

This weekend, Daniels appeared on CNN and slammed not only Platner, but Senators Elizabeth Warren and Bernie Sanders for backing Platner, despite all of these awful remarks and controversies.

Transcript via Mediaite:

I kind of consider the source on that, first and foremost, and I’ll be honest with you, what really upset me about the comments is — you know, I can’t even say that I was upset. I’m upset about the comment that he made about Chris Kyle. You know Chris Kyle has kids. He’s not here to defend himself.

I have kids and you know with people like Elizabeth Warren and Bernie Sanders backing this man, I want them, I want Elizabeth Warren and Bernie Sanders to — my youngest is 8, he turns 9 in a couple days — to tell my kids that they’re supporting a man who said their father didn’t deserve to live. I mean, think about that. You know, that’s the issue there. It’s just sad that somebody like this is being considered for a position in leadership in the United States Senate.

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Warren Whines As Senate Banking Committee Advances Crypto CLARITY Act, Two Democrats Break Ranks

The Senate Banking Committee advanced the Digital Asset Market Clarity Act on a 15–9 vote Thursday, with Sens. Ruben Gallego (D‑Ariz.) and Angela Alsobrooks (D‑Md.) joining all 13 Republicans to move the sweeping crypto market structure bill to the full Senate.

The Clarity Act is the Senate’s bid to build a federal framework for digital asset trading, stablecoins and intermediaries, splitting oversight between the SEC and CFTC and setting registration, disclosure and compliance rules for exchanges, brokers and custodians. It now advances alongside a related bill from the Senate Agriculture Committee, with the two texts expected to merge before a floor vote.

Chair Tim Scott (R‑S.C.) cast the markup as a turning point after years in which crypto firms operated in what he called a “regulatory gray zone” under “outdated rules.” 

He said the bill aims to protect consumers, keep innovation in the United States and “close the doors that criminals, terrorists and hostile regimes have tried to exploit,” after months of cross‑party talks that expanded the draft by more than 200 pages.

Sen. Cynthia Lummis (R‑Wyo.), who leads the committee’s digital assets panel, called the Clarity Act “the hardest piece of legislation” she has worked on across decades in state and federal office. She described it as a “case of first impression” that tries to fit new asset types and software into a regulatory code built for earlier markets.

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Warren blames Spirit Airlines closure on Iran war after advocating against JetBlue-Spirit merger

Sen. Elizabeth Warren, D-Mass., is receiving backlash from GOP lawmakers for pushing former President Biden’s Justice Department to block the merger of JetBlue and Spirit Airlines. 

“The 14,000 employees at Spirit who’ve lost their job loss, the travelers who will now pay higher fares, and the shareholders and debt holders who have been wiped out can thank Elizabeth Warren,” Sen. Bernie Moreno (R-Ohio) wrote on X on Saturday. “Electing left politicians, who have ZERO business experience, has consequences.”

Texas Sen. Ted Cruz reposted a critical Warren post and wrote, “Stunning.” 

Warren defended her advocacy against the merger by blaming a federal judge for stopping it. 

“Spiking fuel prices from Trump’s war was the nail in the coffin for twice-bankrupted Spirit airline,” Warren wrote in a post on X. FWIW, JetBlue merger failed because a judge, appointed by Ronald Reagan, said the deal was illegal. Republicans are desperate to shift blame from higher costs hitting families.”

Biden’s Justice Department had detailed its involvement in blocking the merger back in 2024.

“Our win in court is a victory for U.S. travelers who deserve lower prices and better choices,” said Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division. “We fought this case to protect consumers who, as the court recognized, ‘otherwise would have no voice.’ I am incredibly proud of the Antitrust Division’s team and our state law enforcement partners’ tireless advocacy.”

Warren had pushed the Department of Transportation under Biden to work to block the merger, as detailed in a letter she wrote.

She also applauded the blockage of the merger.

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OOPS: Elizabeth Warren’s Arrogant X/Twitter Post Comes Back to Haunt Her as the Notorious Spirit Airlines Shuts Down For Good After 34 Years In Service

An old X/Twitter Post of Senator Elizabeth “Pocahontas” Warren (D-MA) has come back to bite her after America’s most infamous airline ceased operations on Saturday.

On Friday, The Wall Street Journal reported that Spirit Airlines was preparing to shut down after a $500 million government rescue deal put together by the Trump Administration fell apart.

The Daily Mail later confirmed Spirit Airlines had shut down its operations for good after 34 years in service.

Trump said he was willing to save Spirit Airlines but did not want to use taxpayer dollars.

While Spirit Airlines has long offered some of the cheapest flights available, it has become more famous for wild brawls that have broken out on regular basis amongst passengers. Sometimes you get what you pay for.

But Spirit Airline’s apparent demise could have been avoided two years ago had the Biden regime not blocked a proposed merger between JetBlue and Spirit. Biden’s cronies argued that the merger would lead to decreased flights and higher expenses for flyers.

A judge agreed with Team Biden and blocked the merger, thus seemingly sealing Spirit’s fate.

But when the merger was blocked, Warren, who pleaded with Biden, crowed on X that the decision was “a Biden win for flyers.”

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RFK Jr. Torches Democrat Senator Elizabeth Warren During Hearing on TrumpRx Drug Price Cuts

HHS Secretary RFK Jr. appeared on Capitol Hill for two hearings on Wednesday.

RFK Jr. first testified before the Senate Finance Committee on his agency’s budget and the deals that the Trump Administration struck with drug companies to lower prices.

Democrat Senator Elizabeth Warren tried to go after RFK Jr. over TrumpRx’s price cuts, but he shut her down.

In February, President Trump launched ‘TrumpRx’ to lower drug prices.

“Today, President Donald J. Trump announced the launch of TrumpRx.gov. Through the website, patients will be able to access large discounts on many of the most popular and highest-priced medicines in the country, paying prices in line with the lowest paid by other developed nations (known as the most-favored-nation, or MFN, price),” the White House announced in February.

“Today’s launch features drugs made by the first five manufacturers to reach MFN pricing deals with the Trump Administration: AstraZeneca, Eli Lilly, EMD Serono, Novo Nordisk, and Pfizer,” the White House said.

“Additional drugs from other companies that have signed MFN pricing deals will be made available through TrumpRx.gov in the coming months,” they said.

TrumpRx lowers prices for popular weight loss drugs such as Ozempic and Wegovy, inhalers, fertility drugs, and insulin.

Elizabeth Warren, a corrupt and worthless Democrat who has spent decades enriching herself by lying about being a Native American, tried to come at RFK Jr. about TrumpRx.

“If these pharma deals are so good, show them!” Warren said to RFK Jr.

“You had the power to make this deal yourself! Why didn’t you do that? We did this because you refuse to do it!” RFK Jr. said.

“You have a lot more power to negotiate than we do! We got the lowest prices in history,” he said.

Elizabeth Warren hit back and claimed TrumpRx is making things worse for the American people.

“Millions of people who are using Trump Rx disagree with you!” RFK Jr. said.

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Elizabeth Warren Targets MrBeast: Sends 12-Page Letter Demanding Answers on Crypto Push to Children

Sen. Elizabeth Warren announced Thursday that she is investigating YouTube superstar MrBeast over his company’s recent move into cryptocurrency and financial services.

In a 12-page letter sent to Beast Industries, the company run by Jimmy Donaldson, better known as MrBeast, Warren raised concerns about the firm’s February acquisition of the teen-focused banking app Step and its plans to offer crypto-related products.

Warren specifically questioned whether the company is marketing cryptocurrency investments to children, who make up a huge chunk of MrBeast’s audience.

Despite Step’s statements that any crypto activity by minors would require parent or guardian approval, Warren claimed the app had previously published materials encouraging kids to pressure their parents into crypto investments.

“I have questions for MrBeast,” Warren wrote in a post on X announcing the letter.

The Massachusetts senator, a longtime critic of the cryptocurrency industry, also pressed for details on Beast Industries’ banking partner, Evolve Bank & Trust. The bank has faced past enforcement actions from the Federal Reserve over deficiencies in its anti-money laundering programs.

“Beast Industries is primarily an entertainment and consumer product company — and any foray into financial services, particularly services aimed at children — must be done with great care and in compliance with the law,” Warren wrote in the letter.

Beast Industries responded to the inquiry in a statement to Mediaite, saying the acquisition was intended to help young people build better financial futures.

“Our primary motivation behind this deal is to improve the financial future of the next generation,” a company spokesman said. “Now that we’ve completed the transaction and have ownership control, we’re examining all existing offerings and marketing approaches to ensure that Step’s future is developed thoughtfully and deliberately, meets our very high quality standards, and is in compliance with applicable laws and regulatory requirements.”

The company added that it “appreciates Senator Warren’s outreach” and plans to engage with her office on the project going forward.

MrBeast is one of the largest YouTubers among younger viewers due to his high-production giveaways, challenges, and philanthropy videos.

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Politicians Think More Zoning Laws Will Fix Housing Prices, But The Data Says Otherwise 

he U.S. Senate has passed a bipartisan bill, titled “The 21st Century ROAD to Housing Act,” aiming to make housing more affordable. However, similar to other misleading pieces of legislation — such as the infamous Inflation Reduction Act, which is actually a massive climate-change bill that worsened inflation — this new housing bill may have the opposite effect on housing affordability than what its title suggests.

The newly introduced bill is co-led by Sens. Elizabeth Warren, D-Mass., and Tim Scott, R-S.C. A key assumption of the bill is that restrictive single-family zoning is a primary cause of limited housing supply and high housing costs. The legislation includes key policy proposals that Warren has previously championed, such as offering grants to state and local governments that reform exclusionary zoning rules and permit more high-density housing in areas previously designated for single-family homes.

However, the bill’s sponsors overlook empirical evidence from left-wing cities and states, such as Minneapolis, Oregon, and California, where Democrat legislatures have already effectively eliminated exclusive single-family zoning in favor of higher-density housing — the kind of reform for which Warren advocates.

A 2023 study found that upzoning resulted in an insignificant housing supply increase of less than one percent within three to nine years, offering no real improvements for low- to moderate-income renters. 

Research about Minneapolis’ zoning reform shows upzoning fueled speculation, driving single-family home prices 3-5 percent higher than in comparable border areas. Similarly, post-single-family home zoning ban analyses show median home values in Oregon continued rising sharply, reaching $509,539 in May 2022, representing an increase of 19.7 percent from a year prior.

Upzoning reforms for which Warren and other Democrats advocate have clearly proven to be ineffective in achieving their goals. Instead of making housing more affordable, these policies have centralized zoning authority, eroding local control and undermining property rights.

Yet despite upzoning reform’s track record, Democrats persist in implementing these same misguided strategies across the nation. In Colorado, the Democrat legislature and Gov. Jared Polis pushed through significant new laws in 2024 aimed at increasing high-density housing and overriding local zoning decisions. HB 24-1313 forces minimum housing densities near transit in select communities, while HB 24-1304 eliminates parking requirements for multifamily developments in urban areas. Additionally, an executive order ties discretionary grants to adherence to these state housing mandates, further diminishing local autonomy.

These new state laws sparked immediate backlash. Cities including Greenwood Village, Aurora, Arvada, Westminster, Glendale, and Lafayette sued, arguing the laws violate home-rule protections in the Colorado Constitution.

In other Colorado municipalities such as Littleton, Telluride, Estes Park, and Greeley, voters overwhelmingly rejected their leftist city councils’ attempt to revise their zoning codes to permit more “middle housing” options — such as duplexes, triplexes, and townhomes — within previously single-family zones. Similarly, in California, residents of San Francisco ousted a local politician from office in a 2025 recall election for his support of upzoning reform.

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Elizabeth Warren Endorses Graham ‘Nazi Tattoo’ Platner for Senate – Called Pete Hegseth’s Christian Tattoos ‘Right Wing Extremism’

Senator Elizabeth Warren of Massachusetts has just endorsed Graham Platner, who is running for a U.S. Senate seat in Maine.

Platner, whose political views align with Bernie Sanders, has been in the news for months now because he had a literal Nazi tattoo on his chest for years and made all kinds of problematic statements on Reddit in the past. Once the tattoo controversy became trouble for his campaign, he had it covered up with something else.

Elizabeth Warren apparently has no problem with any of this, because he’s a Democrat.

The Hill reports:

Warren endorses Platner in Maine Senate race

Sen. Elizabeth Warren (D-Mass.) on Thursday endorsed oyster farmer Graham Platner over Maine Gov. Janet Mills (D) in the Democratic primary to take on Sen. Susan Collins (R-Maine) this fall — the fourth senator to back the populist candidate.

“He’s a combat veteran, an oyster farmer, and has inspired people with his populist agenda for a government on the side of working families––not the billionaires and giant corporations,” Warren said in a statement shared by Platner’s campaign.

“Graham will fight every single day to make life better for the people of Maine in the United States Senate,” she added. “I’m proud to endorse him.”

Platner in his own statement called it “an honor” to have the progressive senator’s support and described her as “an inspiration.”

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Lie-a-Watha Strikes Again! Elizabeth Warren Doesn’t Tell the Truth About Tesla Paying Taxes

Senator Elizabeth Warren isn’t exactly known for her honesty. She’s repeated the oft-debunked lie about the SAVE Act preventing women from voting, she lied about the affordability crisis being the fault of the Trump administration (and Treasury Secretary Scott Bessent nuked her for it), and she lied about President Trump causing “chaos” by firing air traffic controllers.

Now she’s back, and lying about Tesla not paying federal taxes.

Well, seeing as corporate taxes are passed along to consumers in the form of higher prices for goods and services, yes, it does. But it’s also not true. Tesla simply didn’t refuse to pay federal taxes or anything; under the current tax law, it didn’t have to.

Tesla has been unprofitable for most of its history. How can you pay taxes on money you didn’t make? Of course, Warren and other Democrats like capital gains taxes on unrealized gains, so they’re fine with forcing people to pay taxes on money they didn’t make.

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