Thursday, September 22, 2011

Elizabeth Warren on taxation

Elizabeth Warren campaigning in Massachusetts, seeking the Democratic nomination for the United States Senate:

“I hear all this, you know, ‘Well, this is class warfare; this is’ — whatever. No. There is nobody in this country who got rich on his own. Nobody. You built a factory out there? Good for you. But I want to be clear: You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory and hire someone to protect against this, because of the work the rest of us did. Now look: you built a factory, and it turned into something terrific or a great idea? God bless. Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.”
Watch and listen at YouTube. I wish I could vote for her.

[My transcription.]

comments: 2

S.L. Æris said...

Oh now this is the stuff we need to hear. Loudly and OFTEN!!

Elaine said...

Me, too! She's terrific, and I hate that she's not still working for us in her regulatory position. Hope she gets elected (and not discouraged when she is!)