Elizabeth Warren and Bernie Sanders have proposed wealth taxes on the biggest fortunes in America. The White House and lots of billionaires are attacking them for it. But guess what: You'll be surprised who supports it.
How changes to California’s Proposition 13 could reduce inequality.
Highly stylized output of models that assume supply-constraints on growth are the norm, and which are presented as effects on “growth” and “jobs” with no further context are notably unuseful, and often actively misleading in today’s policy debates.
Policymakers should reconsider how the tax code treats the most well-off. Here is a closer look.
The deeply detailed proposal includes no new taxes on the middle class. It cuts health care costs and finds other revenues, saving ordinary Americans $11 trillion in premiums and deductibles
Not only would universal healthcare reduce taxes for most people, it would also lead to the biggest take-home pay raise in a generation for most workers
As a capitalist, I believe it’s time to say out loud what we all know to be true: Capitalism, as we know it, is dead.
The good news is that we can fix tax injustice, right now. There is nothing inherent in modern technology or globalization that destroys our ability to institute a highly progressive tax system. The choice is ours.
For Warren, a wealth tax is primarily a path to revenue, while Sanders emphasizes reducing the economic power of billionaires as a class
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