Let’s talk about the Wealth Tax. Lately, it’s become a focal point in the democratic primary. Simply put: The wealth tax would hit the accumulated assets of wealthy Americans to help reduce income inequality.
Sen. Elizabeth Warren claims she can bring in $800 million dollars through taxing the wealthiest Americans on their net worth. Sen. Bernie Sanders takes it even further by taxing the richest citizens 8% on their net worth, in addition to the taxes they already pay.
It’s one thing to get voters excited over a policy that tilts the economy in their favor, but candidates have to prove they can actually implement their big ideas in Washington’s already deeply partisan divide
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