A quote attributed to Margaret Thatcher is; “The problem with socialism is that eventually you run out of other people’s money.” For some reason the socialists don’t see it this way. It might be because the socialist politicians will not run out of their own money because any policies they enact would not affect them. Bernie Sanders is a socialist and he thinks we should tax the wealthy even more.
Sen. Bernie Sanders, a self-described socialist, called for a progressive estate tax on multi-millionaires and billionaires during a speech on Saturday. Washington Times
It is not bad enough that the wealthy pay the bulk of the taxes, Sanders would tax their estates (wealth that has already been taxed a number of times) to pay off the bills. Well, that is what he says but it just means more money for government to waste.
The wealthy follow the tax laws written by weathy people in Congress and those laws favor wealth because Congress critters do not like to pay taxes. They like YOU to pay taxes.
The best way to reduce the deficit and pay off our bills is to reduce spending.
It would also do us well to reform the tax code so that ALL wage earners pay a flat tax. Then the wealthy in Congress could not write laws that favor themselves and their friends and then scream about some alleged loophole when they want more money.
Sanders is an idiot who probably needs instructions to breathe.
Never surrender, never submit.