To achieve his goals, Bernie Sanders would need a lot of money.
Where would he get this massive increase in revenue? You can only raise existing taxes so high.
The simple answer is a wealth tax. But this would be in addition to the taxes Americans already pay and would target assets and savings. Do you think that sounds fair? Some would call it seizure.
CNS News reports:
Bernie Sanders Proposes $4.35 Trillion Tax Increase on ‘Wealth’
Sen. Bernie Sanders, who won Tuesday’s Democratic primary in New Hampshire, is proposing a federal tax increase that he says will bring in $4.35 trillion in revenue over the next ten years.
Read the full story from American Lookout
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