'Rich People Have Profited Enough': New Poll Shows Two-Thirds of Americans Support Wealth Tax

[OliverQ]

https://www.commondreams.org/news/2020/02/27/rich-people-have-profited-enough-new-poll-shows-two-thirds-americans-support-wealth

This doesn't bode well for the moderates, especially Bloomberg. People are fed up with the rich and corporations keeping the rest of the country oppressed. When 85% of Dems, 66% of Independents, and 47% of Republicans support a wealth tax on the rich, that's a very popular policy and anyone trying to maintain the status quo and protect the billionaire/corporate class is unlikely to do well.

This is why Bernie is surging and holds a 13 point lead.

[Watchfoxheadexplodes]

1. When are you switching

?

[OliverQ]

2. To what?

[Turbineguy]

3. I think there's more to it than tax changes

but it's a start.

[Laelth]

4. Precisely.

And if AOC had endorsed and campaigned for Warren, she'd be in Sanders' position now.

The party needs to listen to the American people. If we don't, we will regret it.



-Laelth

[Hoyt]

5. Show one moderate who is not for reversing recent tax cuts, increasing capital gains

tax, etc.

[OliverQ]

6. Reversing tax cuts isn't enough.

We need to raise the top tax bracket much higher. Bloomberg has no intention of ever doing that, and I doubt Biden will either. We also need much heavier regulations on Wall Street, corporations, and banks.

[Hoyt]

7. Not true. Not for Bloomberg, but he is for raising rates, and he'd

probably have a better chance at it than Sanders or Warren. Take a look at his tax proposals.

Merely increasing taxes on wealthy ain’t gonna cut it, either.