What Liz Warren’s Tax Policies Would Really Mean For Stocks And The Economy (According To An Actual Analyst)

What Liz Warren’s Tax Policies Would Really Mean For Stocks And The Economy (According To An Actual Analyst)

Over the past several weeks, we've been keen to suggest that voters (and, more narrowly, the investing public) shouldn't take the word of billionaires at face value when it comes to how an Elizabeth Warren presidency would affect the economy and the prices of financial assets. In addition to the rather obvious fact that billionaires have a vested interest (in the most literal sense of the term) in keeping Warren out of the White House, assessing the implications of her policy proposals is an ex
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3 thoughts on “What Liz Warren’s Tax Policies Would Really Mean For Stocks And The Economy (According To An Actual Analyst)

  1. I wish that our electorate, especially the corrupter class, would remember it doesn’t make any difference what these candidates say about this and that policy they would propose, unless Congress votes for the policy and the money to fund it it won’t happen. No Congress will vote to destroy the corrupters because all the sitting legislators depend on the money those big money supporters supply. Here in Missouri we have tried several times to eliminate lobbyist direct bribes to legislators and guess what, no matter how much the public wants a cleaner government, the boys in office won’t vote to end their corruption. They got to keep those free steaks and plane rides and big deal hunting and fishing trips. Even though our current POTUS has tried to be king, he’s running out of options. Checks and balances mostly still work in spite of Mitch and his crony boot lickers.

  2. It’s important to keep in mind the reality of what the stock market is, in terms of being a casino for people that have the ability to play that game. Obviously in a YUGE place like American there is a wide swath of age groups and demographic issues, like the tsunami of Baby Boomer inching towards retirement. There is a large spectrum of people that had good jobs that allowed for retirement planning and then you have a large group that work multiple part-time jobs with no benefits or ability to plan ahead, other than hoping to be able to buy groceries that go on sale during a week.

    Placing the stock market into a context where it reflects future gains for America is just as dumb as trump thinking the market is a great barometer for his ego. Within a family of 5, maybe 1 kid does well and plays the markets, while the other brothers and sisters make up a broader trend of people that are screwed.

    Most people will pray and hope that Social Security will allow them to buy groceries and many people will have trouble paying for Medicare, while more and more people will qualify for Medicaid, as poverty becomes an increasingly serious social problem — so, will the performance of stocks matter — of course, because there are overlapping dynamics and different factors that hold society together, but, it’s likely that more and more people with minimal savings and minimal retirement funding will financially fail. Will this growing group of failing people impact the stock market, I’d say yes, because these consumers will consume less and less and in the end, the people that have more money will pay higher taxes and have lower returns. The future is very ugly IMHO!

    This is a recent post from some yahoo story:

    When asked to estimate how much money they had in retirement savings, close to half of all respondents – 45% – claimed they had no money put aside for retirement, while 19% said they’ll retire with less than $10,000 to their name. If these trends hold, that means 64% of all Americans will essentially retire broke. Twenty percent will retire with anywhere from $10,000 to $100,000. As for the remainder, well, let’s just say they have more wiggle room with their retirement savings.

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