Memo to Elizabeth Warren: Stop doing long live interviews..You can't handle them..The latest example is Warren's appearance Wednesday night on Special Report on Fox News Channel..During a joint interview of Warren and U.S. Senator Mark Warner (D-Virginia), host Bret Baier at one point noted that Warren opposes the recent Republican tax cut that President Donald Trump signed into law December 22. Among other things, it reduces the federal corporate tax rate from 35 percent to 21 percent..Here's the back-and-forth:.Baier: "… So if Democrats take control of Congress, would you repeal the tax law?".Warren: "Well, what we have to do is change it. You've got to take out the parts that are giant giveaways to big corporations that right now the Republicans plan for hardworking families to eventually pay for. I think that's just fundamentally wrong.".Baier: "Sure. But you have companies, Senator, like Eversource in Massachusetts, the electricity company, announcing that they're going to give a big break to consumers.".Warren: "And good for them. I'm delighted to hear that.".Baier: "So which ones do you take out of the list?".Warren: "Look, it is a trillion and a half dollars that the Republicans gave away to billionaires and to giant corporations. And they expect hardworking families to just pick up the ticket on that. I want those breaks to go directly to hardworking families, not to a bunch of rich folks.".It's as if Warren didn't understand Baier's question, simple as it was..Here's another way of putting it. The "big corporation" utility in Massachusetts just got a big corporate tax cut. In response, the big corporation announced last week that a proposed increase in electricity rates in western Massachusetts is going to be about one-third smaller than previously expected, and that people in eastern Massachusetts will actually see a significant reduction in electricity rates instead of the increase already approved by state regulators..Understand: The originally proposed increases in electricity rates have already been approved by state regulators. But in the wake of the corporate tax cut, the utility company is taking less because it is saving so much money in taxes..It isn't necessary to like the big-corporation utility – who does? – in order to see the benefit of the corporate tax cut to Warren's "hardworking families." These families' electricity rates are going to be lower than they otherwise would be..It takes only a little bit more imagination to envision the electricity cost decreases that other businesses will encounter because of lower electricity rates, which will result in lower prices for products than "hardworking families" would otherwise encounter in grocery stores, clothing stores, appliance stores, and used car lots..All because of the tax cut..And incidentally, a tax cut is only a "give away" if you believe the government owns the money of people and corporations and simply doles some of it out to them after taking out taxes..Is that what you believe, Senator Warren?
Memo to Elizabeth Warren: Stop doing long live interviews..You can't handle them..The latest example is Warren's appearance Wednesday night on Special Report on Fox News Channel..During a joint interview of Warren and U.S. Senator Mark Warner (D-Virginia), host Bret Baier at one point noted that Warren opposes the recent Republican tax cut that President Donald Trump signed into law December 22. Among other things, it reduces the federal corporate tax rate from 35 percent to 21 percent..Here's the back-and-forth:.Baier: "… So if Democrats take control of Congress, would you repeal the tax law?".Warren: "Well, what we have to do is change it. You've got to take out the parts that are giant giveaways to big corporations that right now the Republicans plan for hardworking families to eventually pay for. I think that's just fundamentally wrong.".Baier: "Sure. But you have companies, Senator, like Eversource in Massachusetts, the electricity company, announcing that they're going to give a big break to consumers.".Warren: "And good for them. I'm delighted to hear that.".Baier: "So which ones do you take out of the list?".Warren: "Look, it is a trillion and a half dollars that the Republicans gave away to billionaires and to giant corporations. And they expect hardworking families to just pick up the ticket on that. I want those breaks to go directly to hardworking families, not to a bunch of rich folks.".It's as if Warren didn't understand Baier's question, simple as it was..Here's another way of putting it. The "big corporation" utility in Massachusetts just got a big corporate tax cut. In response, the big corporation announced last week that a proposed increase in electricity rates in western Massachusetts is going to be about one-third smaller than previously expected, and that people in eastern Massachusetts will actually see a significant reduction in electricity rates instead of the increase already approved by state regulators..Understand: The originally proposed increases in electricity rates have already been approved by state regulators. But in the wake of the corporate tax cut, the utility company is taking less because it is saving so much money in taxes..It isn't necessary to like the big-corporation utility – who does? – in order to see the benefit of the corporate tax cut to Warren's "hardworking families." These families' electricity rates are going to be lower than they otherwise would be..It takes only a little bit more imagination to envision the electricity cost decreases that other businesses will encounter because of lower electricity rates, which will result in lower prices for products than "hardworking families" would otherwise encounter in grocery stores, clothing stores, appliance stores, and used car lots..All because of the tax cut..And incidentally, a tax cut is only a "give away" if you believe the government owns the money of people and corporations and simply doles some of it out to them after taking out taxes..Is that what you believe, Senator Warren?
