Progressive Tax Fantasies Can’t Come Close to Paying for Big Government

With U.S. debt having soared to all-time highs and massive budget deficits as far as budgeters can see, the progressive refrain is the same: "ensure the wealthy pay their fair share." But a new tax wish list put out by 80 progressive groups shows that the math simply doesn't add up. Even in their wildest dreams of taxing the wealthy, they can't close the current budget deficit, much less pay for their new spending priorities like Medicare For All or the Green New Deal.

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