Trump Has the Courage to Take on Iran
Iranian State Media Finally Admits What We've Known for Hours About Ali Khamenei
Trump’s Operation Epic Fury: Striking the Evil Iranian Regime That Obama and Biden...
Trump Freed Iran From a Dictator, and the Left Hates Him for It
A Quick Bible Study Vol. 309: What the Bible Says About Mystery
How America Has Destroyed Its Democracy, Part Three: And How Radical Feminism Is...
Candace Carlson
Rethinking 'Doubting Thomas' Jefferson
Atheist Group’s Attack on Health Care Sharing Ministries Is a Direct Assault on...
The Lies Before the Storm, Part 2
Marriage Is a Covenant Not a Contract
Purim Is Here and Israel Is at War With Iran Once Again
Korea Attacks an American Exporter With Foreign Lobbying in Washington
Pete Hegseth Reveals Details of 'Operation Epic Fury' Strike That Killed Ali Khamenei
The Memes From Operation Epic Fury Have Been Unreal
Tipsheet

The Democratic Socialists of America Are Looking to Take Over School Boards

The Democratic Socialists of America Are Looking to Take Over School Boards
AP Photo/Charles Krupa

The Democratic Socialists of America (DSA) have made it very clear they intend to take over American politics and turn the greatest nation in the world into another cesspool of communism. They used Zohran Mamdani's candidacy in New York City as a springboard to launch campaigns nationwide. They lost the mayor's race in Minneapolis, but DSA candidates now comprise the majority of the city council.

Advertisement

Several Democratic Party Senate candidates now espouse the DSA policies on healthcare, education, and Israel.

But all politics is local, and the DSA knows this. That's why they're running candidates for local school boards, including in Oregon.

"How I would envision it working is that we would decide collectively what programs we deserve as Oregonians," Carpenter said. "Our lawmakers would enact those programs, figure out how much it would cost to enact all those programs, and then set tax policy to fund them."

"We can be looking at income tax rates for very high-income earners. If we were back in the 50s, the top marginal tax rate in the 1950s was 90 percent for ever person earning over $1 million," Carpenter continued. 

"And just to be clear, no one 'earns' a million dollars. So for everyone taking home more than a million dollars, every dollar after a million the state would keep 90 cents of that," Carpenter said.

Advertisement

But she didn't stop there. She also pushed for capital gains tax increases. "We can also look at capital gains tax. Capital gains is when uber-rich people sell assets like stocks and bonds for profit and we can tax that profit," Carpenter said. "Those kinds of ways of rich people making their money make money for them. We can tax that. So we have to set a tax policy that allows us to fund the programs that Oregonians deserve, and that's the way I would approach it."

Of course, $1 million in 1950s money is not the same as $1 million in 2025. Adjusting for inflation, that would be about $13 million in today's dollars. Of course, Carpenter hopes we're too stupid to realize that. Also, if we're going to go to the 1950s for tax policy, let's use the 1950s as a standard for other things too, like marriage, abortion, and women in the workplace. Carpenter probably wouldn't like that.

On top of that, the "uber-rich" aren't the only ones who sell stocks and bonds. People who have 401(k) and Roth IRA and other investment accounts do, too.

And all Carpenter's plan would do is drive rich Oregonians to states where the government doesn't confiscate their wealth.

Advertisement

That's what happens everywhere the "tax the rich" schemes are tried. The rich can flee and, absent the government outlawing that, they'll continue to do so.

Editor’s Note: After more than 40 days of screwing Americans, a few Dems have finally caved. The Schumer Shutdown was never about principle—just inflicting pain for political points.

Help us report the truth about the Schumer Shutdown. Use promo code POTUS47 to get 74% off your VIP membership.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement