“No matter how many new taxes Bernie proposes, it still won’t come even close to covering the costs of Bernie’s socialist, pie-in-the-sky policy proposals.”
Since announcing his wealth tax plan, Sanders has also called to use the government to ensure that wealthy people are unable to protect their money. The 2020 Democrat proposed creating a national registry and increasing IRS audits on the wealthy 1%.
Conservatives remain highly critical of Sanders’ wealth tax plan; many on the right-wing moreover maintain that taxing the wealthy out of existence will not aid the poor.
Sanders is also the first 2020 Democrat to outrightly declare that billionaires “shouldn’t exist.”