...paid for by a wealth tax on the top one-tenth of 1 percent - of income earners.... Posted: Sep 19th, 2019 - 6:58 am In Reply to: Sanders unveils $2.5 trillion 'Housing for All' plan - White House hopeful Sen. Bernie Sanders (I-Vt.)
First of all, all of his proposals are paid for the same way - which means triple, quadruple, quintuple taxes on this group.
Second, he doesn't seem to get it - a "wealth tax" is not a tax on "income", it is a tax on savings and accumulated appreciation. You can be very wealthy and have very little income. But the way this is going, Bernie will ensure that the opposite will never be true - you can have a very high income but will never become wealthy if the left takes control and institutes these crazy ideas.
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