Gallagher Notes – 20190201

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“Democratic Massachusetts Sen. Elizabeth Warren targeted NFL owner Dan Snyder on Saturday in a public pitch for her “ultra-millionaire” tax plan, but the narrative got away from her when a few people pointed out which team Snyder happens to own: the Washington Redskins. “This billionaire NFL owner just paid $100M for a ‘superyacht’ with its own iMax theater,” Warren tweeted. “I’m pretty sure he can pay my new #UltraMillionaireTax to help the millions of yacht-less Americans struggling with student loan debt.” At first, people just balked at her tax plan in general, the 2020 presidential contender made an argument earlier in the week for a tax plan that would introduce a “wealth tax” on households with a net worth of $50 million or greater. What Warren failed to mention is that although Snyder certainly spent a fair amount on his “superyacht,” he has donated millions to charitable causes over the years, from disaster relief efforts after Hurricane Katrina and the tsunami in Indonesia to community-based organizations such as Youth For Tomorrow, a residential facility for at-risk kids in Manassas, Virginia.” – Bill O’Reilly

Gallagher Notes

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“…the candid citizen must confess that if the policy of the Government upon vital questions affecting the whole people is to be irrevocably fixed by decisions of the Supreme Court, the instant they are made in ordinary litigation between parties in personal actions the people will have ceased to be their own rulers, having to that extent practically resigned their Government into the hands of that eminent tribunal.”

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