Bloomberg: It's Good to Tax the Poor So They Can't Afford Things That Might Hurt Them Like Soda

Screenshot from this video

Screenshot from this video

We folks in the New York area had a nickname for the former New York Mayor Michael Bloomberg.

Nanny Bloomberg. Why? Because he always thought he had the right to control your behavior, that he could tell you what to do.


Soda might contribute to obesity? Place a tax on it to stop people from buying it.

Wait, doesn’t that actually adversely affect the poor more than other people?

That’s good. Indeed, as Bloomberg noted in a video last year that it was good to raise regressive taxes on poor people.

Americans for Tax Reform flagged the video and explained the backstory now that Bloomberg has announced his run for president.

So here is Bloomberg on stage with another global mandarin, Christine Lagarde of the International Monetary Fund. He refers to low income individuals as “those people” and then takes a shot at coal miners and the U.S. military. He clearly reveals his arrogant, bullying worldview. The entire thing is bad, but we’ve bolded a few of the most obnoxious sentences [click here for video]:

Michael Bloomberg: “Some people say, well, taxes are regressive. But in this case, yes they are. That’s the good thing about them because the problem is in people that don’t have a lot of money. And so, higher taxes should have a bigger impact on their behavior and how they deal with themselves. So, I listen to people saying ‘oh we don’t want to tax the poor.’ Well, we want the poor to live longer so that they can get an education and enjoy life. And that’s why you do want to do exactly what a lot of people say you don’t want to do.

The question is do you want to pander to those people? Or do you want to get them to live longer? There’s just no question. If you raise taxes on full sugary drinks, for example, they will drink less and there’s just no question that full sugar drinks are one of the major contributors to obesity and obesity is one of the major contributors to heart disease and cancer and a variety of other things.


In other words, he wants to get to tell you how to spend your money and if you’re poor, he thinks he has a better idea than you what to do with it. Talk about Nanny and “Nanny” is a kind of interpretation of what that is.

He also wants to put a carbon tax on emissions, which would hit the poor and rural folks the hardest.

This is part of the whole Democratic platform for 2020 now after being pushed by people like Bloomberg, Joe Biden and Sen. Elizabeth Warren (D-MA).

How is this guy running for president? But the problem is that the other Democratic choices aren’t really any better and in some cases, far worse. All their choices are horrible.


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