Fox & Friends defines socialism as stealing from wealthy people

Fox & Friends defines socialism as stealing from wealthy people

Fox's Stuart Varney: "Socialism means the confiscation of wealth. Have you listened to Sen. Elizabeth Warren? We're just going to take it off you. Not a tax, we're just going to take your wealth."

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From the May 7 edition of Fox News' Fox & Friends:

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STUART VARNEY (FOX BUSINESS HOST): Socialism means high taxes for everyone. Socialism means the confiscation of wealth. Have you listened to Sen. Elizabeth Warren? We're just going to take it off you. Not a tax, we're just going to take your wealth. Socialism means control of healthcare, Medicare for All, no private insurance. 

STEVE DOOCY (CO-HOST): You're making the point why Bernie didn't want to say these things on TV. 

VARNEY: Control of education, control of the banks, control of businesses. Government control of everything. Collective control of our society, as opposed to what we've got: Capitalism, individual liberty and freedom. 

AINSLEY EARHARDT (CO-HOST): I have heard it described as stealing. You make the money and I will steal it from you. 

VARNEY: Yes, I would. I would describe it exactly so. Elizabeth Warren, Sen. Warren wants to take 2% of your wealth over a certain level. You built it up. 

DOOCY: Super wealth. 

VARNEY: You built it up all your life. You built it up. She wants to take 2% per year right off you. Skim it off the top. It's not a tax, it's confiscation. Just grab -- that's socialism.

Previously:

Following Bernie Sanders' Fox News town hall, Fox's Stuart Varney rails against Sanders' tax plan: "Where's the fairness?"

Watch Fox's Stuart Varney freak out over Democrats' "socialist ideas"

Fox's Stuart Varney: "Senator Warren is on a jihad against big tech and big business generally"

Posted In
Economy, Taxes
Network/Outlet
Fox News Channel
Person
Stuart Varney, Ainsley Earhardt, Steve Doocy
Show/Publication
FOX & Friends
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