The problem with Democrats’ ‘billionaire tax’

Freedomworks’ Kilian Laverty writes, “Democrats in Washington are finally catching wind that their multi-trillion Big Government Socialism Bill is widely unpopular with the American people. Under the guise of 'human infrastructure,' Democrats plan to use the partisan reconciliation process to pass a radical left-wing agenda without any Republican support.

⚠️ "One of the provisions that many on the left wish to include is a tax on “unrealized capital gains,” essentially a wealth tax. Not only is this idea incredibly misguided, but very likely unconstitutional." #ampFW https://t.co/ky4Lrj3q5X

— FreedomWorks (@FreedomWorks) October 28, 2021

Included in the bill is everything from the Green New Deal to tax breaks for political allies. As Americans learn what is in the monstrous 2,400-page bill and feel the effects of runaway spending in the form of inflation, Democrats are in a rush to rewrite provisions of this irredeemable bill.

One of the provisions that many on the left wish to include is a tax on 'unrealized capital gains,' essentially a wealth tax. Not only is this idea incredibly misguided, but very likely unconstitutional.”

Read the entire column.