Commentary: Biden’s Wealth Tax Is a Bad Idea That Cannot Be Ignored

Imagine a world where you were not taxed on how much you earned in a given year, but instead on how much your wealth appreciated.

To some this sounds like something straight out of John Lennon’s communist manifesto, also known as the song “Imagine.” Like the song, the music surrounding the words are enticing, but also like Lennon’s hit, the words themselves spell the death knell of freedom.

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