Elizabeth Warren: Tender Fannies of Billionaires
on Sunday, November 9, 2014Elizabeth Warren Money Quotation saying political favors protect oil companies and wealthy donors while ignoring struggling families. Elizabeth Warren said:
“Americans … have been burned enough times on tax deals that carefully protect the tender fannies of billionaires and big oil and other big political donors, while working families just get hammered” — Elizabeth Warren
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In this quote, Elizabeth Warren is criticizing tax laws that are skewed to benefit large corporations and wealthy political donors over average working families. She argues that past tax deals have excessively protected the interests of billionaires, big oil companies, and other major political contributors through loopholes and exemptions, while regular families end up shouldering more of the tax burden.
Warren suggests that after so many tax codes that favor powerful donors over citizens, most Americans no longer trust tax reform that does not have their best interests in mind. Her message is that the government should write tax laws to help working people rather than excessively catering to large donors and companies.