Should there be a wealth tax on the richest Americans? A top bracket of 70 percent? Maybe take most of the estate when a billionaire dies? Or we could just close these gaping loopholes. Source: NYT > Business – ANDREW ROSS SORKIN
For Democrats Aiming Taxes at the Superrich, ‘the Moment Belongs to the Bold’
Soak-the-rich plans that seemed politically far-fetched just months ago are getting a full-throttle response from voters. Source: NYT > Business
Wealth Matters: Taxing the Wealthy Sounds Easy. It’s Not.
Two Democrats have proposed taxing the richest Americans at a higher rate. But if past efforts to use tax policy to target one group are a guide, they can backfire. Source: NYT > Business