Tag: Socialism

The Sanders campaign boasts of fighting for a radical new approach to taxation: a wealth tax. Unlike the traditional income tax, this plan does not tax money coming in but rather all assets a man has to his name. His wealth tax was the focus of another article on The Conservative Critique which can be…

So-called “democratic socialist” Bernie Sanders has a novel approach to taxation up his sleeve, just waiting to be unleashed on America. He calls it a wealth tax, which is fundamentally different from all mainstream tax proposals. It is a tax on all assets. Every single penny a man has to his name in any form…