Sen. Elizabeth Warren to hold an event in Salt Lake City next week as part of her 2020 presidential

[Omaha Steve]

Story below.

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By Taylor Stevens
·
Reliably red Utah will receive its third visit from a Democratic 2020 presidential candidate next week: Massachusetts Sen. Elizabeth Warren.

Warren, known for her populist message and focus on income inequality, will host an organizing event at The Depot in Salt Lake City on April 17 as her campaign works to “build our movement for 2020,” according to the event page on Warren’s campaign website.

“Elizabeth is eager to meet voters from cities and towns across the country about issues important to them and their experience,” her campaign said in a statement sent Monday to The Salt Lake Tribune. “She’ll continue traveling to as many states as possible in the coming months and is looking forward to being in Salt Lake City.”

The event, scheduled to begin at 6 p.m., is open and free to the public, but Warren’s campaign encouraged attendees to RSVP in advance.

FULL story: https://www.sltrib.com/news/politics/2019/04/08/sen-elizabeth-warren-hold/

[InAbLuEsTaTe]

1. I'm eager too... love Elizabeth!!

Bernie & Elizabeth 2020!!!
Welcome to the revolution!!!

[Hortensis]

2. :) Warren's the candidate Wall Street fears, committed to

strong progressive advances, shrinking and depowering the very wealthy, and bringing business under firm regulatory control. She's proven how to do it using the power of our systems to repair and build on them.

Elizabeth Warren’s new plan to make sure Amazon (and other big companies) pays corporate tax, explained: No more claiming big profits to investors while paying nothing to the IRS.

... The sense that corporations aren’t paying their fair share of the nation’s tax burden is a perennial complaint in public opinion polling and today Elizabeth Warren is rolling out a new proposal to do something about it — she calls it the “real corporate profits tax” though tax nerds might see it as akin to the Alternative Minimum Tax that’s levied on some individuals.

In particular, Warren wants to target the fact that many corporations with little to no taxable income nonetheless report significant profits on the earnings statements they send to investors. They have one set of books they show the IRS and another that they show to Wall Street. That’s not accounting fraud or anything, it’s simply that the corporate tax code is complicated and companies avail themselves of any number of loopholes, deductions, and other creative tactics to minimize their tax bills.

Warren’s plan is have the tax code treat those reported profits seriously — and levy a 7 percent tax on them.

Right now, businesses tally up their taxable income and then pay corporate income tax at a 21 percent rate. Warren wants to leave that system in place for any company’s first $100 million in profits reported to investors. But for companies with over $100 million in profits (that’s about 1200 companies) a second system kicks in. For every dollar of profit over $100 million that you report, you need to pay a 7 percent tax. ...
https://www.vox.com/2019/4/11/18305108/elizabeth-warren-real-corporate-tax

Go get 'em!