Why Larry Summers’ Opposition To The Wealth Tax Is Predictable And Wrong
“Bernie Sanders and Elizabeth Warren, among others, have been promoting the idea of a wealth tax. Some, like Sanders, have suggested this for years. (In 2000, even Donald Trump proposed a one-time 14.25% tax on individuals and trusts with a net worth over $10 million, offset by an end to the estate tax, as his book The America We Deserve stated”