OPINION - EDITORIAL
2020 Dems are racing to the far left
By Post Editorial Board
September 29, 2019 | 8:38pm
Joe Biden
Getty Images
With the media and Washington deep in the grips of Impeachment Fever, the race for the 2020 Democratic nomination is taking yet another left turn.
Joe Biden, The Washington Post reports, is trying to figure out how he can enter the Get-the-Rich sweepstakes, which until now was mainly a bidding war between Elizabeth Warren and Bernie Sanders.
The ex-veep’s advisers, says the Post, are weighing coming out for a tax on “transactions such as the sale of stocks and bonds.”
It’s a terrible idea. Then-Mayor Abe Beame called New York’s stock-transfer tax of the late ’70s the “largest single obstacle to the competitive position of the New York financial community” and thus a burden on the entire city economy.
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READ MORE: https://nypost.com/2019/09/29/2020-dems-are-racing-to-the-far-left/
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And it seems to be working: Warren, at least, is passing Biden in the polls and may now be the frontrunner. And so Biden feels the need to offer his own “anti-billionaire” tax, continuing his move far to the left of even President Barack Obama.
At this rate, the Democratic nominee is going to wind up as “electable” as Karl Marx.
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