Rep. Keith Ellison (D-MN) spoke out loud what most progressives believe, he said that there is plenty of money out there, the government just doesn’t have it. That’s how these Democrats think, they believe that all of the money earned by Americans is theirs to distribute as they see fit.
Ellison was discussing his ‘Inclusive Prosperity Act’ measure at the July 25th Progressive Democrats of America roundtable in Washington.
“People like, George Soros, Bill Gates, Warren Buffett, Paul Krugman, Joe Stiglitz, Jeffrey Sax, Dean Baker, Robert Poland, Larry Summers have said they all support a transaction tax,” Ellison said.
“The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it,” Ellison continued, “The government has a right, the government and the people of the United States have a right to run the programs of the United States. Health, welfare, housing – all these things.” (Read More)
What a name – the Inclusive Prosperity Act – it sounds like something out of an Ayn Rand novel. It includes a sales tax on financial transactions. As if that would help this lousy economy.