wealth tax

Opinion

Opinion: New Study Finds High Economic Costs From Wealth Tax

The crowded Democratic primary field managed to reach a consensus on at least one issue — to raise taxes — with disagreements only over which taxes should rise and by how much. Senators Elizabeth Warren and Bernie Sanders staked the most radical ground with proposals to impose wealth taxes, going after the assets (not just

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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