According to the latest round of polling, Elizabeth Warren’s proposed “wealth tax” is resonating with voters, including a majority of Republican voters. Not only does this mean that the spin and propaganda coming from conservative pundits isn’t working, but it shows that voters of all backgrounds are wise to the Republican tax cut scam. Ring of Fire’s Farron Cousins discusses this.


*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Well, another new round of polling is out and once again it has some very bad news for the wealthy elite here in the United States. Sixty one percent of people in this new poll by morning consult and politico, 61 percent of them say that, hell yeah, I support Elizabeth Warren’s idea of a wealth tax of two percent on people making more than $50 million dollars a year or people with more than $50 million dollars a year in assets. Sixty one percent say bring it on. Let’s tax the rich. And what’s great about this poll is that 50 percent of Republicans say, I like that idea. That is a good idea, and I would like to see that as policy. Fifty percent of Republicans versus just 30 percent of Republicans who say no, don’t do that. So a majority of Republicans are now in favor of Elizabeth Warren’s plan to enact a wealth tax on the 75,000 wealthiest families here in the United States.

And her plan for wealth tax as of right now actually has broader support in terms of pulled numbers. Then Ocozzio Cortez plan have a 70 percent marginal tax rate, although that one is still a supported by a majority of people here in the United States. Either one is fine. In fact, there’s really no reason we couldn’t do both. You could have a marginal tax rate of 70 percent or 80 or 90 like we used to have and that would still not necessarily interact with the wealth tax that Elizabeth Warren is also proposing so they could exist in the same universe, a perfect, wonderful universe, so there’s no reason to exclude one or favor the other. We could enact both and based on polling data, I don’t think people would be too offended by that, but here’s the thing. We have to kind of look past the numbers a little bit, right?

We see a majority of Republicans, majority of Democrats, majority of independence, they all support her wealth tax idea, Elizabeth Warren’s wealth tax idea that’s in this data, right, but what does it mean other than they support the idea? It means that the Republican propaganda, all of these conservative pundits out there, all of these Republican politicians, their message has failed. Their message is not resonating with the American public. The American public isn’t buying into it, and that includes their own base. So when you have people out there, Charlie Kirk, Ben Shapiro, the entire cast of Fox News, Dan Crenshaw, Donald Trump, Mitch McConnell, Paul, Ryan, whoever it is, whenever they go out there and say, we’re going to cut taxes on the wealthy and you’re gonna, you’re gonna, get some of it and the wealthy need to pay less in taxes because that you, the majority of people in this country, don’t buy that crap anymore.

Some of them bought into the trickledown lie one too many times, but a majority of people in this country now understand that it is not fair. Nothing ever trickles down and they’re sick and tired of being lied to and they’re ready for the wealthy elite. Those 75,000 families, 75,000 is a number that this wealth tax would actually affect their ready for those people to start paying up. Pay a little bit more because yeah, you were successful, right, but you were successful off the back of other workers. You were successful in a country that allowed you to be successful. You drive on public roads. Some of you attended public schools or your kids attend public schools. You used the police departments and the fire departments that are paid for by tax dollars, the same as everybody else, except that you’ve gotten more benefit out of all of it because of your amassed wealth and because you’ve benefited the most from this society, from this country, it’s only fitting that you pony up a little bit more to have that kind of privilege to exist in a country that allows you to be successful. There is nothing honest to God. Nothing more patriotic than paying back the country that allowed you to amassed so much wealth to begin with. The American public realizes it and the wealthy elite, assuming a Democrat gets in office in 20 slash 20, is about to realize that as well.

Farron Cousins is the executive editor of The Trial Lawyer magazine and a contributing writer at He is the co-host / guest host for Ring of Fire Radio. His writings have appeared on Alternet, Truthout, and The Huffington Post. Farron received his bachelor's degree in Political Science from the University of West Florida in 2005 and became a member of American MENSA in 2009. Follow him on Twitter @farronbalanced