robot Uncredited Congresswoman Alexandria Ocasio-Cortez made headlines by calling for “ taxing the robots ” of the emergent digital economy. That followed upon her previous call for a 70% top marginal income tax rate on the richest and Senator Elizabeth Warren’s plan for a 2% wealth tax on assets worth more than $50 million (and 3% on assets worth more than $1 billion).
By putting inequality front and center on the political agenda as the U.S. heads into the election season, Democratic politicians are trying to capture the populist zeitgeist.
The redistributionist rhetoric has some investors concerned . Ray Dalio, who […]