[American Thinker] William Buckley once said he would rather be governed by the first 2,000 people in the Boston phone book than the entire Harvard faculty.After watching the October 15 Democratic Party presidential candidate debate, I would rather have as president any of the first 2,000 in any phone book in any city in the USA than the present weird bunch of Democrats.
Joe Biden is out of it. He said "coupon-clippers in the stock market" should pay the same tax rates as teachers and firefighters. The "coupon-clippers" are primarily those who buy municipal bonds that are tax-free. The interest is tax-free to induce investors to buy bonds floated by cities, school districts, and states to fund public projects. Maybe Biden doesn't know this. And he doesn't know that the tax rate on taxable dividends and interest is the income tax rate and not the capital gains tax.
Maybe Biden should ask his son Hunter, who is such a savvy investor that the Chinese gave him $1.5 billion to invest. Or he could have asked Tom Steyer, the arrogant billionaire hedge fund guy who pays the capital gains tax and not the "teacher and firefighter rate." Steyer spent $40 million to get in the debates. Steyer is one of the coupon-clippers described by Biden. If Steyer, who has the same chance of winning as Beto, were a Republican, the Dems and the media would ask how many poor people could have been fed with the $40 million wasted by Steyer.
Elizabeth Warren, AKA Pocahontas, says she will fund Medicare for all by taxing the "wealthy and big corporations." Even Joe Biden found this ludicrous and unbelievable. She refused to answer the question whether she will raise taxes on the middle class to fund Medicare for all. We all know that tax rates have to be raised on all taxpayers to fund Medicare for all.
All the candidates have proposals to "fix health care." Nobody asked the candidates why we need to "fix health care," since Obama supposedly fixed it with his Obamacare. We were told by Obama, Biden, and Pelosi that Obamacare would reduce premiums and insure the uninsured and that we could keep our doctors. Evidently, Obama, Biden, Pelosi, and the rest of the gang lied to us. Shocking.