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A Wealth Tax Could Raise Trillions — and Save Our Democracy

Trending story found on www.commondreams.org
A Wealth Tax Could Raise Trillions — and Save Our Democracy
Most progressive solutions to massive levels of inequality have focused on taxing income at the very top at a higher rate. But taxing income alone fails to address these multi-generational icebergs of wealth and power... Sen. Elizabeth Warren (D-Mass.) has jolted the body politic with a bold proposal to tax the concentrated wealth of the richest 75,000 households in the United States. It’s about time someone took up this mantle.
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