Ayn Rand-obsessed Rush is so fascist that essential British magazine New Musical Express accused them of proto-fascism in 1978. I would quibble with "proto," but I understand (though obviously don't share!) the desire to exercise caution in labeling something fascist. That NME labeled Rush proto-fascist is remarkable enough, and it marshaled plenty of evidence.
First, a few observations showing Rush's obsession with Ayn Rand and her far-right anti-collectivist dogma:
Second, some choice commentary on the band's fascist stage show:
And the coup de grace:
What is fascist music?
In Dave Marsh's 1979 review of Queen's Jazz, he wrote, "Indeed, Queen may be the first truly fascist rock band." No other word so neatly expresses supremacy of the powerful and devaluation of the individual.