Gov’t Doesn’t Collect Too Little, It Spends Too Much

Veronique de Rugy

Wherever you look in American politics right now, you’ll find legislators saying the government still doesn’t tax enough especially when it comes to the wealthy.

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California progressives are pursuing a wealth tax on billionaires, advertised as a method to raise $100 billion in a single stroke.

New York City Mayor Zohran Mamdani is pushing for sweeping new taxes on the wealthy to fund a vast expansion of city services.