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	<title>Liberty Treewealthy Archives - Liberty Tree</title>
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		<title>The spending Sanders wants can&#8217;t be financed by simply taking from the ultra-wealthy</title>
		<link>https://libertytree.com/liberty-tree/1000</link>
				<comments>https://libertytree.com/liberty-tree/1000#respond</comments>
		<pubDate>Wed, 01 Sep 2021 18:36:28 +0000</pubDate>
		<dc:creator><![CDATA[Liberty Tree]]></dc:creator>
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		<category><![CDATA[Bernie Sanders]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[tax]]></category>
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		<description><![CDATA[<p>The spending Sanders wants can&#8217;t be financed by simply taking from the ultra-wealthy FEE&#8217;s Brad Polumbo writes, &#8220;Senator Bernie Sanders is hitting the road. The Vermont socialist has a simple mission: reach out to rural America and make the case<span class="ellipsis">&#8230;</span></p>
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<p>The post <a href="https://libertytree.com/liberty-tree/1000">The spending Sanders wants can&#8217;t be financed by simply taking from the ultra-wealthy</a> appeared first on <a href="https://libertytree.com">Liberty Tree</a>.</p>
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				<content:encoded><![CDATA[<h1 class="p1"><strong>The spending Sanders wants can&#8217;t be financed by simply taking from the ultra-wealthy</strong></h1>
<h1 class="p1"><strong><br />
<img class="alignnone size-large wp-image-1001" src="https://libertytree.com/wp-content/uploads/2021/09/Whos-fault-is-afghanistan-27-1024x576.jpg" alt="" width="1024" height="576" /><br />
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<p class="p1"><a href="https://fee.org/articles/wall-street-journal-even-confiscating-entire-wealth-of-all-us-billionaires-couldn-t-pay-for-democratic-spending-plans/" target="_blank" rel="noopener">FEE&#8217;s</a> Brad Polumbo writes, &#8220;Senator Bernie Sanders is hitting the road. The Vermont socialist has a simple mission: reach out to rural America and make the case for the $4.5+ trillion government spending plans his allies are trying to push through Congress.</p>
<p class="p1">The senator <a href="https://siouxcityjournal.com/in-iowa-bernie-sanders-calls-3-5-trillion-budget-an-investment-in-democracy/article_6b625dfa-a57f-514c-bd3d-8346a0f4f4c1.html"><span class="s1">dubbed</span></a> the multi-trillion-dollar spending plans &#8216;the most consequential piece of legislation for working families that we have seen in this country since the New Deal.&#8217;</p>
<p class="p1">At a similar event in Indiana, Sanders <a href="https://www.chicagotribune.com/politics/ct-bernie-sanders-republicans-indiana-west-lafayette-iowa-20210830-ezlyhjypk5gsfmfmzgxzubyus4-story.html"><span class="s1">gloated about his intent to raise taxes</span></a>, but claimed he would only do so on &#8216;the rich.&#8217;</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">NEW: Wall Street Journal: Even Confiscating Entire Wealth of All US Billionaires Couldn’t Pay for Democratic Spending Plans<a href="https://t.co/fCPUBYdmVK">https://t.co/fCPUBYdmVK</a></p>
<p>— Brad Polumbo ??<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/26bd.png" alt="⚽" class="wp-smiley" style="height: 1em;max-height: 1em" /> ?&#x200d;? (@brad_polumbo) <a href="https://twitter.com/brad_polumbo/status/1433130855166251008?ref_src=twsrc%5Etfw">September 1, 2021</a></p></blockquote>
<p></p>
<p class="p1">“My Republican colleagues are busy telling everybody, ‘Bernie Sanders and Democrats are going to raise taxes.’ You’re right!&#8217; Sanders <a href="https://www.chicagotribune.com/politics/ct-bernie-sanders-republicans-indiana-west-lafayette-iowa-20210830-ezlyhjypk5gsfmfmzgxzubyus4-story.html"><span class="s1">said</span></a>. &#8216;We’re gonna raise them on the richest people in this country so they start paying their fair share.&#8217;</p>
<p class="p1">There’s just one problem with this whole narrative: it’s impossible. The exorbitant levels of spending Sanders and his allies have proposed can not be financed by simply taking from the ultra-wealthy.&#8221;</p>
<p class="p1">Read the entire column <a href="https://fee.org/articles/wall-street-journal-even-confiscating-entire-wealth-of-all-us-billionaires-couldn-t-pay-for-democratic-spending-plans/"><span class="s1">here</span></a>.</p>
<p>The post <a href="https://libertytree.com/liberty-tree/1000">The spending Sanders wants can&#8217;t be financed by simply taking from the ultra-wealthy</a> appeared first on <a href="https://libertytree.com">Liberty Tree</a>.</p>
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