The Dems are floating the idea of a "wealth tax," which wouldt tax nearly everyone in the Middle Class. Here is what you should know:

Understand that all taxes on the "One Percenters" just happens to be a tax on anyone who makes serious money in this country.  This is true in every legislative case.  They talk about "taxing the rich,"  but, somehow,  they manage to get folks with an $80,000 income rolled into the "wealth tax" lie. 

Europe tried this,  and,  8 of the 12 countries implementing such a tax, have rescinded this particular wealth transfer.  In other words,  the legislation brought in LESS revenue than before the legislation,  forcing the elimination of this particular tax.  

Now you know.