billionaires

Opinion

Opinion: Will a COVID-19 Tax on America’s Super Rich Help or Hurt?

Progressives call it “social justice.” Opponents call it “looting.” But what would the practical economic effects be of a “COVID-19 tax” on America’s super rich? Progressive senators Ed Markey of Massachusetts and Bernie Sanders of Vermont have proposed “The Make the Billionaires Pay Act.” The bill calls for a one-time tax on billionaires who supporters

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