Jump to content

Elizabeth Warren to propose ‘wealth tax’


Recommended Posts

Posted

Sen. Elizabeth Warren, D-Mass., is planning to propose a “wealth tax” on some of the richest Americans, an economist who advises her told CNBC on Thursday.

The new tax from Warren, who recently announced her bid to challenge President Donald Trump in 2020, would only apply to Americans with more than $50 million in assets.

The Washington Post first reported the development.

“We helped her with the numbers,” economist Emmanuel Saez told CNBC. He said he believed the proposal would be officially announced Friday.

He said his understanding was that the Warren team had already spoken with the Post at the time he told them the details of the report.

“The announcement will be made tomorrow I think, and I was confused because when I talked to the person I thought that Warren’s team had already talked to the press,” he said. “I shouldn’t be talking, you know.”

Posted

Wealthy people dictate the world and they lobby to any extent. Childish ga tax acts testhe ongo pedatharu. Everyone likes happy ending. 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...