Once called the "New Sheriff of Wall Street" by TIME Magazine, Elizabeth Warren is quickly gaining attention for her populist views on federal taxation, financial reform and democracy in general -- luckily, the Elizabether Warren Infographic elaborates on those views. Pay close attention as the former Presidential assistant opines on the fear-inducing state of American politics.
Explaining the underlying purpose of taxes, Warren exclaims, "There is nobody in this country who got rich on his own. Nobody." And it's true! A pivotal reason any American business enterprise will succeed is because of the safe, constructive and developed social atmosphere surrounding it. A motor vehicle factory, for instance, would be unsustainable without the groundwork of educated labor, electricity and Internet infrastructure. Yet, this basic premise is rejected by the wealthiest 1% who -- for the most part -- are unwilling to raise their tax rate beyond what their secretaries pay. The Elizabeth Warren infographic is a wake-up call to the United States, a country whose fiscal condition leaves it with few, if any, options.
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The Elizabeth Warren Infographic Explains Her Innovative Take on Taxes
- By: Omar YusufOct 6, 2011