Warren Promises New Tax to Pay for Free Daycare for Every Newborn

As if it is not enough to promise free healthcare and college, surging 2020 Democrat candidate Elizabeth warren is now also promising a new tax on the wealthy to pay for free healthcare for every newborn in the United States.

Her proposal would raise the funds from the wealthiest 75k earners in the United States.

From Breitbart

Democrat 2020 contender Elizabeth Warren promised teachers’ union members Friday she would tax the wealthy to provide free day care for every newborn in the country.

The senator from Massachusetts told members of the National Education Association (NEA) at a 2020 forum in Houston she would enact a two cent per dollar tax on every $50 million levied against 75,000 of the top earners in the United States.

Courthouse News Service reports:

The tax would raise more than $1 trillion, Warren said, enough to pay for child care for every baby in this country from newborns to 5 year olds, universal pre-kindergarten for every 3-and-4-year-old child, and tuition-free technical school, community college and four-year college for everyone who wants a higher education.

“Plus, we can cancel student loan debt for 95% of people,” Warren added.

The Washington Examiner noted that a Moody’s Analytics report found Warren’s plan would cost an additional $700 billion over the next decade: