, 3 tweets, 1 min read Read on Twitter
New post: "Elizabeth Warren's childcare proposal relies on dishonest accounting" washingtonexaminer.com/opinion/elizab…
$700 billion cost estimate for Warren's childcare plan is based on "dynamic" analysis of economic benefits. BUT, in footnote, estimate says, "One complication is that we have not evaluated the budget or economic implications of the senator's wealth tax." washingtonexaminer.com/opinion/elizab…
In other words, Warren is claiming her wealth tax would pay for 4x childcare proposal, but she is not using apples-to-apples comparisons. On a static basis, childcare plan would cost a lot more than claimed; on a dynamic basis, wealth tax would raise less washingtonexaminer.com/opinion/elizab…
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