Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Tuesday, May 5, 2015

Bernie Sanders' Preferred Message

Well...This is interesting.

Explicit income redistribution is supposed to be "un-American" and "socialist."  Yet, here we have evidence that it is the preferred position of a majority of Americans.  And given the age breakdown, it will become more popular as the Fox News demographic continues to fall to the ravages of time.

I've always wondered what would happen if we taxed capital income - stock options, capital gains, bonus money - over $100,000 a year at a higher rate.  Maybe just the 37% or so that regular income is taxed at.

Maybe we could fund our government, rebuild our country's infrastructure, create a free national internet and improve access to preschool?

Or maybe we could just continue to put our government up for sale to the highest bidder.

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