The Corner

Economy & Business

Bernie Sanders Wants $19.6 Trillion in New Taxes

Over at the Washington Examiner, Phil Klein calculated how much new taxes taxpayers would face if Bernie Sanders got his way: $19.6 trillion.

Here is a summary:

The question is: If Bernie could implement all these taxes, and if he could collect that much revenue from them, would that be enough to pay for all the new spending he wants now and would want once in power? 

Veronique de Rugy is a senior research fellow at the Mercatus Center at George Mason University.
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