Comment on Even With the Proposed Wealth Tax, Billionaires Would Get Richer Faster Than Everyone Else

Even With the Proposed Wealth Tax, Billionaires Would Get Richer Faster Than Everyone Else

On Monday, Sen. Elizabeth Warren (D-Mass.), along with Reps. Pramila Jayapal (D-Wash.) and Brendan Boyle (D-Penn.), rolled out a new version of the ultrawealth tax plan she proposed during her 2020 presidential campaign. This seemed inevitable, given that billionaires’ wealth has soared during the pandemic, and the Democrats now control Congress.

 

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