Bernie Sanders once tax plan: 100% tax over $1 Million
WASHINGTON, November 20, 2015 – Vermont Senator Bernie Sanders told Los Angeles Times author Sam Pizzigati that his op-ed outlining Franklin D. Roosevelt’s plan for a 100% “war super tax” on the rich was something that “needed to be explored and considered.
While serving the state of Vermont in Congress in 1992, Bernie Sanders liked Pizzigat’s opinion so much that he submitted article into the Congressional Record.
Socialist policies have undergone a renaissance in recent years and those on the left, including Sanders, often cite the governments of countries like Sweden, Canada, and Denmark as beacons of economic prosperity.
Sanders has said that he understands that the word socialist, which reminds many of the deaths of millions of people under socialist rule, makes people “nervous”.
That angst has not been enough to deter Sanders from spreading his message of wealth redistribution which surely risks alienating some on the left who agree with him on many issues but aren’t prepared to support a federal mandate dictating how much Americans are allowed to earn.
Wealth over $1 million is something that Bernie believes is more money than any one person deserves to have. He told the Burlington Free Press in 1974 that, “nobody should earn more than $1 million”.
Even if you were adjust that number for inflation, Bernie’s statement still supports the idea that everyone in this country who makes over $5 million a year, should no longer be able to keep it.
In a political climate where Republican presidential candidates are lambasted for high school bullying, trying pot as a teenager, and not properly explaining every nuance of a scholarship offer from West Point, it remains to be seen whether the media will hold Bernie to the same standard for his repeated calls to put a federal cap on all income over one million dollars. Surely, this represents an issue that will affect the lives of more Americans than Jeb Bush’s marijuana use in high school.
Sanders doubled down on these positions Thursday afternoon while speaking at Georgetown University in Washington, D.C and made it clear he has no intention of toning down his far left rhetoric.