Posts tagged: wealth tax

Wealth and Envy: A Wealth Tax Will Make Paupers of Us All

Written by Oliver Perry

In his presidential campaign, U.S. Senator Bernie Sanders issued his own plan to institute a “wealth tax.”

While Warren has touted the tax to fund her agenda, the primary purpose of Sanders’s proposal is to correct what his campaign called the “outrageous level of inequality that exists in America today and to rebuild the disappearing middle class.”[1]

The wealth tax seems to have wide support. A Quinnipiac Poll claims that 60% of those surveyed support a 2% annual wealth tax on the rich.… Continue Reading

The Siren Call of Pete Buttigieg

Written by Timothy J. Dailey

When Pete Buttigieg, the little-known mayor of South Bend, Indiana, announced his candidacy for the Democratic presidential nomination, he stunned the political world with his meteoric rise in the polls.  Buttigieg was everywhere in the news and on television, thanks to a savvy campaign team that included political operative Lis Smith, who boasted, “I want him on everything.”  In a month, he had raised 7 million dollars, a significant sum for a political nobody starting from scratch in a national campaign.… Continue Reading