Elizabeth Warren’s wealth tax: Who pays and how much?

Elizabeth Warren's wealth tax: Who pays and how much?

Elizabeth Warren had a pithy response during Thursday night’s Democratic presidential debate when asked about claims by some economists that her proposed wealth tax would stifle U.S. growth: "They’re just wrong."

While the impact of raising taxes on uber-rich Americans remains an open question, the Massachusetts senator does have one thing on her side — most voters like the idea. A November survey by the New York Times shows that 63% of those polled support a wealth tax. The proposal is far more popular than both a Universal Basic Income and President Donald Trump’s Mexico border wall , just to […]

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