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Sanders, Khanna Unveil $4.4 Trillion Tax Increase

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Posted By: ConservativeYankee, 3/2/2026 7:31:02 PM

Sen. Bernie Sanders, socialist of Vermont, and Rep. Ro Khanna, a Democrat from California best known for trafficking in Epstein-related conspiracy theories, are pushing legislation that would impose a new 5 percent annual wealth tax on billionaires and use the revenue to give money to everyone earning less than $150,000 a year. The bill, which the politicians are calling the Make Billionaires Pay Their Fair Share Act, would raise $4.4 trillion over a decade, according to a letter from Emanuel Saez and Gabriel Zucman, economists at the University of California, Berkeley, that was released by the leftist politicians. The March 2, 2026, letter from the two economists,

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Reply 1 - Posted by: earlybird 3/2/2026 7:42:34 PM (No. 2075273)
Ro Khanna has lofty amiions. This doesn't sound like jhe way to go. Nor is being joined at the hip to frol Tom Massie. Not a dynamic duo.
9 people like this.

Reply 2 - Posted by: LC Chihuahua 3/2/2026 7:44:55 PM (No. 2075275)
Taxation eventually reaches a point of diminishing returns. Maybe they should cut spending! What?!? They had deals! They won't get their kickbacks!
15 people like this.

Reply 3 - Posted by: wilarrbie 3/2/2026 7:49:41 PM (No. 2075276)
These kinds of dreams require a changing of the sheets.
10 people like this.

Reply 4 - Posted by: sw penn 3/2/2026 7:57:54 PM (No. 2075280)
Next up, for your amusement, Jealousy and The Seven Deadly Somethings...
9 people like this.

Reply 5 - Posted by: Kate318 3/2/2026 8:12:57 PM (No. 2075284)
Give it to people who make less than 150K/yr? Did I read that right??
6 people like this.

Reply 6 - Posted by: cor-vet 3/2/2026 8:26:39 PM (No. 2075289)
Most of those billionaires earned their money, with the exception of some Soros type sons and daughters that inherited, so let them keep their money. I am fine with what I have, and it's a long, long way from a billion. Democrats have a decidedly unhealthy lust for other peoples money and young girls. Maybe a bill to strip these politicians of all but one house and a couple of hundred thousand a year, and give it back to tax paying Americans would be better!
13 people like this.

Reply 7 - Posted by: DVC 3/2/2026 8:40:06 PM (No. 2075290)
It is a good lesson in "How to Create a Depression".
9 people like this.

Reply 8 - Posted by: WI Cynic 3/2/2026 8:51:02 PM (No. 2075293)
It won't raise a nickel. The targeted people didn't get to where they are by paying taxes that can be avoided.
8 people like this.

Reply 9 - Posted by: stablemoney 3/2/2026 8:51:49 PM (No. 2075294)
Trump has already raised tariffs on the rest of the world, and given tax credits to seniors, no tax on tips, and no tax on overtime.
7 people like this.

Reply 10 - Posted by: jeffkinnh 3/2/2026 8:54:30 PM (No. 2075295)
Everytime the Socialist dems roll out their tax-the-rich policies in practice, it collapses the economy of the area impacted. The "billionaires" are already paying more than their fair share. Here's a reality check: The top 1% of taxpayers often pay more in federal income taxes than the bottom 90% combined. That sounds grossly unfair to the people at the top of the earning scale. It isn't surprising that Sanders wants a money grab since he has never worked successfully for anything in his life. He is a tick on the body politic.
16 people like this.

Reply 11 - Posted by: 3XALADY 3/2/2026 9:04:14 PM (No. 2075297)
I think ole Bern has moved on past his sell date. Retirement won't be anything new for him. He's been retired for years while drawing a paycheck from the taxpayers.
9 people like this.

Reply 12 - Posted by: chumley 3/2/2026 9:41:30 PM (No. 2075307)
Why is it always someone who didnt earn their money deciding what someone else's "fair share" is?
14 people like this.

Reply 13 - Posted by: john56 3/2/2026 9:47:56 PM (No. 2075309)
Yeah. The "rebate" will be about $7.56 per family of 4. And taxable.
8 people like this.

Reply 14 - Posted by: MickTurn 3/2/2026 9:59:36 PM (No. 2075316)
Let's start with Democraps that are RICH but never earned a penny of it!!!!!!!!!!!
8 people like this.

Reply 15 - Posted by: OkieTom 3/2/2026 10:01:26 PM (No. 2075318)
Sanders claims to be an independent but is a true-blue Democrat socialist, as is Khanna. They are firmly entrenched in the party of the 7 deadly sins, which overtly practices and even cherishes all of them: pride, wrath, envy, greed, lust, sloth, and gluttony. Take your pick. Democrats have a policy that incorporates each and every one of them, and they also worship murder (abortion) and are absolute expert deceivers and liars.
8 people like this.

Reply 16 - Posted by: PrayerWarrior 3/2/2026 10:02:57 PM (No. 2075319)
This is Bernie's Communist pipe dream. Him and Ro Khanna are idiots lusting over other people's money. sick.
7 people like this.

Reply 17 - Posted by: bpl40 3/2/2026 10:25:22 PM (No. 2075326)
If the money was earned in keeping with laws that were applicable , it is outside the authority of government. Income earned on it is a different issue.
8 people like this.

Reply 18 - Posted by: padiva 3/2/2026 11:04:00 PM (No. 2075335)
Let's reduce the cost of government first. Remove all fraud, unnecessary bureaucrats/employees, useless/redundant policies/regulations. The uber-wealthy donate to others as they choose.
6 people like this.

Reply 19 - Posted by: Venturer 3/2/2026 11:07:25 PM (No. 2075337)
Of course Bernie and other rich politicians have a loophole to keep them from being taxed.
5 people like this.

Reply 20 - Posted by: DougTN 3/2/2026 11:08:24 PM (No. 2075338)
About nooo…
4 people like this.

Reply 21 - Posted by: MissMann 3/2/2026 11:08:43 PM (No. 2075339)
What harm could taking $4.4T out of the economy do? Haven't the politicians taken enough graft?
4 people like this.

Reply 22 - Posted by: JimBob 3/3/2026 12:31:03 AM (No. 2075349)
Article Correction: "Sen. Bernie Sanders, socialist of Vermont" should read "Sen. Bernie Sanders, Communist of Vermont"
3 people like this.

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