Sen. Elizabeth Warren (D-Mass.) will propose a new annual “wealth tax” on Americans with more than $50 million in assets, according to an economist advising her on the plan, as Democratic leaders vie for increasingly aggressive solutions to the nation’s soaring wealth inequality.
Democracy Dies in Darkness
Elizabeth Warren to propose new ‘wealth tax’ on very rich Americans, economist says
By Jeff Stein
and January 24, 2019 at 1:40 p.m. EST