Dem Senator Wants to Tax Rich & Small Businesses to Pay Off Student Loans

The Democratic Party claims to be the party of the poor, middle class and small business owners.  Yet, under the regime of Barack Obama, the poor are getting poorer, the middle class are joining the ranks of the poor and small business owners laying people off and closing their doors.  And if Democratic Senator Elizabeth Warren has her way, even more small business owners may be closing their doors as well.

Warren is woman of questionable ethics to begin with.  She appears from outward appearance to be more European than American Indian.  However, from 1986 through 1995, she claimed to be American Indian in order to obtain minority status as a Harvard law professor.  During that ten year period, the professional law school directory had Warren listed as an American Indian.  She claimed to be part Cherokee, as does nearly half the people in America, but her Indian heritage was questioned during her 2012 campaign to unseat incumbent Republican Senator Scott Brown.

When Warren’s accusers did not go away, Warren’s staff members began to franticly search the genealogical records for evidence that would exonerate their leader.  One report they found suggests that Warrens great, great, great, grandmother was supposed to be a certified Cherokee and another report claiming that her great, great, grandfather lived on a Cherokee reservation, but it did not say if he was Indian or not.

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Despite her questionable heritage and who she misused it to get her position as a law professor at Harvard; Warren managed to win the Massachusetts senate seat.  In tune with her unethical past, Warren is now advocating to impose the Buffet rule, which is to tax all families and businesses, including small businesses that make $1 million a year or more.

Warren says that the taxes raised would generate somewhere between $75 billion and $100 billion. The taxes collected would then be used to let students refinance their student loans with a lower interest rate to make it easier for them to pay off their loans.

This is typical of the socialist policy of the redistribution of wealth that is so permeating the Democratic Party.  They want to keep taking more and more from successful Americans and give it to the poorer Americans, many who may never work a day in their lives.

Obamacare imposed a number of taxes on small businesses already, forcing many of them to start making drastic cuts just to keep their doors open for business.  Some have laid workers off, others cut their employees’ hours and others have cut benefits.  Some small business owners have been forced to take 2 or all 3 of the cost cutting measures.  A number of small business owners had no choice but to lay off all of their employees and lock their doors.  If you don’t believe me, just drive through your town and look at all the empty store fronts in the smaller strip malls or business centers.

But Democrats like Warren don’t care about small business owners who work hard, often long hours for years trying to build up their business so that they not only provide for their family, but allow them to retire someday.  Many of these owners are among the hardest working people in America, but Warren doesn’t care.  All she sees is that the government can take away from their success and give it to the less successful.

Fortunately, the Buffet rule stalled in Congress the last time it was presented and hopefully it will again.  Small businesses are the background of America.  If the Democrats aren’t stopped, that backbone will disappear and America will surely collapse.

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