A Wealth Tax

Imagine: you are in financial hot water; your credit card debt is out of control.  “I need to speak with a Financial Planner.”  If he is a Republican, his advice will be, “Buy less stuff.”  If she is a Democrat, her advice will be, “Don't hesitate to buy what you really need.”  Good advice, both.  And maybe two sides of the same coin.

In national politics, Democrats love buying things, like COVID-19 Relief; Republicans don’t like to pay for it (through taxation).  The result: Budget Deficits that keep climbing year after year, a National Debt that keeps climbing year after year.