U.S. Sen. Bernie Sanders has put it on the line.
The candidate for the Democratic presidential nomination said flat-out he will raise individual tax rates if he’s elected president next year.
The Vermont independent senator said this on CNN over the weekend: “Yes, we have to raise individual tax rates substantially higher than they are today, because almost all of the new income is going to the top 1 percent.”
As much as I admire Sen. Sanders’s spunk and his courage on some things, I feel compelled to remind him of a little political history, even though I know he’s aware of it.
In 1984, former Vice President Walter Mondale was nominated to run for president. During his acceptance speech at the party convention in San Francisco, he said this: “Mr. Reagan will raises taxes and so will I. He won’t tell you. I just did.”
“Mr. Reagan,” of course was the president of the United States.
Vice President Mondale got a rousing cheer at the convention.
President Reagan was re-elected in a 49-state landslide.
Raising taxes doesn’t play well out here, Sen. Sanders.