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Letter: Taxing only the wealthy won’t cover Sanders’ bill

Taxing only the wealthy won’t cover Sanders’ bill

I am tired of hearing that Bernie Sanders will raise taxes only on the wealthiest 1 percent. The financial aspects of his proposals have been carefully checked out by highly qualified Democratic and Republican economists who agree that Sanders’ programs would cost upward of $18 trillion a year. This would necessitate large tax increases not only on the wealthiest 1 percent, but also on the middle class. Even with these increases, there still would be a $3 trillion a year deficit.

Sanders’ free stuff program sounds very enticing, but it is not affordable for most Americans, and would do immeasurable damage to our already fragile economy.

Sharon Koons

Depew