Study Shows It’s Mathematically Impossible To Fund The Left’s Welfare State By Soaking The Rich

Study Shows It’s Mathematically Impossible To Fund The Left’s Welfare State By Soaking The Rich

A new study released Wednesday demonstrates it is mathematically impossible to pay for the fairytale socialist wish list paraded by Democratic candidates running for president without dramatically raising taxes on the middle class.

The study conducted by the Heritage Foundation, a conservative D.C.-based think tank, illustrates the implausibility of financing a leftist agenda that includes socialized medicine, a “Green New Deal,” a universal basic income, tuition-free college, and other programs that left-wing candidates have proposed.

David Burton, the author of the study, wrote that “even using lower cost estimates, confiscating every dollar earned by every taxpayer with incomes of $200,000 or […]

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