Francesca Hong, the front-runner in Tuesday’s Democratic primary for Wisconsin governor, has made squeezing high earners a central theme of her campaign. Like most socialists, she is in denial about the costs and consequences of her proposals.
To fund “free” child care, state-run grocery stores and more health care subsidies — among other social spending — the 37-year-old state legislator plans to raise state income taxes
a full percentage point
on couples making at least $431,000 and individuals making more than $323,000. She would levy another 1 percent on “millionaires and large corporations,” bringing their top state tax rate to almost 9 percent.
Could you imagine the outrage if a union leader said this.
“Hey porky, you might want to think twice about raising those prices. If you do, we will destroy your business in protest! It’s basic economics, if you piss off workers we will destroy the economy in a massive temper tantrum, and we don’t want that now do we?”