Michael Bloomberg doesn’t stand much of a chance of getting the 2020 Democratic nomination.
He entered the race very late, he is a billionaire, and he’s an old straight white man.
He also has some crazy ideas about taxation. He once said taxing the poor is a good thing.
Americans for Tax Reform reported:
Left-Wing Billionaire Michael Bloomberg: Raising Taxes on Poor People Is a “good thing.”
Nanny-state-imposing left-wing billionaire Michael Bloomberg is now on video admitting how much he likes to raise taxes on poor people, calling such tax hikes a “good thing.”
For years, Bloomberg has personally funded and promoted all sorts of regressive taxes and regulations in an attempt to push people around. He uses the coercive power of the government to force people to live their lives as he sees fit.
So here is Bloomberg on stage with another global mandarin, Christine Lagarde of the International Monetary Fund. He refers to low income individuals as “those people” and then takes a shot at coal miners and the U.S. military. He clearly reveals his arrogant, bullying worldview. The entire thing is bad, but we’ve bolded a few of the most obnoxious sentences [click here for video]:
Michael Bloomberg: “Some people say, well, taxes are regressive. But in this case, yes they are. That’s the good thing about them because the problem is in people that don’t have a lot of money. And so, higher taxes should have a bigger impact on their behavior and how they deal with themselves. So, I listen to people saying ‘oh we don’t want to tax the poor.’
Well, we want the poor to live longer so that they can get an education and enjoy life. And that’s why you do want to do exactly what a lot of people say you don’t want to do.
Watch the video:
Bloomberg believes in the nanny state.
Americans prefer freedom.