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Assessing a “wealth tax” that invades previously tax-free 401(k)s at a 50%+ rate will destroy Warren’s support in what has been, in recent years, a core Democratic Party constituency. “Wall Street,” i.e. the financial industry, has already warned that if Warren is the Democrats’ nominee, it will not support her. That in itself is seismic; no industry has ever supported a politician to the extent that [[Wall Street]] supported [[Barack Obama]] and [[Hillary Clinton]]. But the loss of support from America’s lawyers might be even more deadly to the Democratic Party....One unfortunate thing about targeting lawyers (and their often-liberal wives) is that many of them actually understand the implications of policy proposals. Here as usual, understanding is fatal to Liz Warren.<ref>https://www.powerlineblog.com/archives/2019/11/warren-loses-the-lawyers.php</ref>}}
 
Assessing a “wealth tax” that invades previously tax-free 401(k)s at a 50%+ rate will destroy Warren’s support in what has been, in recent years, a core Democratic Party constituency. “Wall Street,” i.e. the financial industry, has already warned that if Warren is the Democrats’ nominee, it will not support her. That in itself is seismic; no industry has ever supported a politician to the extent that [[Wall Street]] supported [[Barack Obama]] and [[Hillary Clinton]]. But the loss of support from America’s lawyers might be even more deadly to the Democratic Party....One unfortunate thing about targeting lawyers (and their often-liberal wives) is that many of them actually understand the implications of policy proposals. Here as usual, understanding is fatal to Liz Warren.<ref>https://www.powerlineblog.com/archives/2019/11/warren-loses-the-lawyers.php</ref>}}
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===Honest people and workers get screwed===
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====Honest people and workers get screwed====
 
A father who confronted Warren on her proposals for free tuition, asking if he could get his money back for working double shifts and sacrificed buying new cars and vacations to pay off student loans. Warren refused.<ref>https://twitchy.com/brettt-3136/2020/01/22/can-i-have-my-money-back-father-confronts-elizabeth-warren-over-student-loan-forgiveness/</ref>
 
A father who confronted Warren on her proposals for free tuition, asking if he could get his money back for working double shifts and sacrificed buying new cars and vacations to pay off student loans. Warren refused.<ref>https://twitchy.com/brettt-3136/2020/01/22/can-i-have-my-money-back-father-confronts-elizabeth-warren-over-student-loan-forgiveness/</ref>
  
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