Presidential candidate and self-avowed Democratic socialist Bernie Sanders gladly admits, if elected, he will raise taxes for American’s. For instance, during the Democratic town hall meeting, Sanders talks about wanting Medicare for all.
He is not alone in speaking about raising taxes. President Obama campaigned in 2008 on hiking taxes on anyone making more than $250,000 a year. The catch phrase had a lot to do with getting him elected -- "Pay your fair share" -- even when many argued those percentage of people already were. Hillary Clinton has also called on raising taxes for the so called wealthy, but Bernie is different. He wants to raise taxes for everyone -- claiming he'll save "some" American’s money in doing so, but by just how much? Just a few years ago, Sanders admitted he was in favor of a 90 percent tax rate, and while he has come off of that since running for president, no one's really pushed him on what his new number would be. Wouldn't that be an important number to know?