California Progressive-Democrat Congressman Ro Khanna has just clearly articulated his Party’s ideology regarding the valuables held by American citizens.
What I’ve said—and what Bernie Sanders [I, VT] said—is that we need a modest wealth tax on these billions of dollars that aren’t being taxed. They are just sitting there without ever paying income tax, and that funding could pay for the healthcare, childcare, and education of all Americans.
Contra Ronald Reagan, if it’s just sitting there, tax it, too. That money, that asset, that value—as Progressive-Democrats define it—belongs to a Progressive-Democratic Party-run government. That government will leave in us average Americans‘ hands what those men and women deem appropriate, and they’ll appropriate the rest.
Reducing Federal spending and reducing government’s overregulation of healthcare, childcare, and education would do far more for making those things, to coin a phrase, affordable for us average Americans than would raising taxes, confiscating ever more money from our pockets. And yes, those Evil Rich are Americans, also.
This is what we can expect from the reign of Progressive-Democrats.