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It's refreshing to see the Democratic Party bubbling with new ideas. But this new thinking seems starkly different from the party's reform efforts of the past three decades. Or consider the race by prominent Democrats to embrace Medicare-for-all.Or consider the tax proposals being tossed around on the left, including a wealth tax championed by Sanders and Massachusetts Sen. Elizabeth Warren.There is a reason that nine of the 12 European countries that instituted similar taxes have repealed them in the last 25 years.There are smarter, better ways to address inequality -- raise the capital gains tax to the same level as income taxes, increase the estate tax, get rid of the massive loopholes that make the American tax code one of the most complex and corrupt in the world. If the Democrats start moving along this path as well, American politics will truly descend into a new dark age.
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