Proposed Left-Right Alliance Pushing ‘Wealth Taxes’ Probably Won’t Happen

Proposition 40, the California Billionaire Tax Act, is continuing to exacerbate the fissures within the Democratic Party between mainstream politicians such as Governor Gavin Newsom and the rising tide of Democratic socialists such as New York City Mayor Zohran Mamdani. The California Democratic Party has officially endorsed the one-time 5% tax on the worldwide net … Continue reading Proposed Left-Right Alliance Pushing ‘Wealth Taxes’ Probably Won’t Happen →

Is Democratic Socialism the Wave of the Future?

New York Mayor Zohran Mamdani The election of Zohran Mamdani as mayor of New York City earlier this year is another stark indicator of the growing popularity and influence that Democratic Socialist candidates and their ideas are having on American politics. Mamdani’s victory, no doubt, is worrying Democratic Party elites. They fear that the radical … Continue reading Is Democratic Socialism the Wave of the Future? →