Warren Forces Issue Of Massive Economic Injustice Into 2020 Debate With ‘Ultra-Millionaire Tax’
By Julia Conley Common Dreams (1/24/19) Weeks into a national conversation over the possibility of taxing the wealthiest Americans at far higher rates in order to correct severe income inequality in the U.S., Sen. Elizabeth Warren (D-Mass.) made clear that the issue will be addressed in the 2020 presidential election, unveiling a plan to tax assets over $50 million. Two economists who are advising Warren, Emmanuel Saez and Gabriel Zucman of University of California at Berkeley, announced to the Washington Post that the senator is proposing an annual tax of two percent for assets over $50 million, as well as a three percent…