Is Elizabeth Warren’s Wealth Tax Proposal Too Optimistic?
An “ultra-millionaire tax” — or wealth tax — proposed by Democratic presidential primaries candidate Elizabeth Warren is likely to raise between $2.3 trillion and $2.7 trillion in additional revenue in 10 years from 2021 to 2030, according to a study by the Penn Wharton Budget Model (PWBM), a nonpartisan research initiative that analyzes the fiscal impact of public […] More
