According to a report from Moody’s Analytics, if Warren gets her way, this plan will cost the United States a whopping $700 billion dollars over the next ten years. This is something which Warren declined to mention during her time before the NEA audience.
How will you make it possible for teachers to earn enough to support themselves on their teaching salary alone? #StrongPublicSchools
Here's what @ewarren had to say: pic.twitter.com/9AxcodMIAR
— NEA Education Votes (@edvotes) July 5, 2019
Is Increasing Taxes the Right Protcol?
Many progressives maintain that raising taxes on Americans will benefit the country by funding various government programs. Demcorats like Bernie Sanders have openly stated that increasing taxes on the middle class to capitalize Medicare-for-All is a trade-off which people in this country will appreciate. However, this is not indicative of all people’s viewpoints.
Contrary to progressive rhetoric, numerous Americans take issue with losing more income to taxes. Income which goes to taxes is money which working people won’t have for themselves. Those funds could have paid off bills, credit card debt, etc. As a collective, Democrats are extremely critical of “trickle down economics,” however, they see no issues with trickle down taxes.
