Happen to miss The Larry O’Connor Show today? Recap today’s program by checking out topics from the program below:
Elizabeth Warren’s wealth tax: Who pays and how much? (CBS)
Elizabeth Warren had a pithy response during Thursday night’s Democratic presidential debate when asked about claims by some economists that her proposed wealth tax would stifle U.S. growth: “They’re just wrong.”
While the impact of raising taxes on uber-rich Americans remains an open question, the Massachusetts senator does have one thing on her side — most voters like the idea. A November survey by the New York Times shows that 63% of those polled support a wealth tax. The proposal is far more popular than both a Universal Basic Income and President Donald Trump’s Mexico border wall, just to name two policy ideas in the mix. Even most Republicans favor a wealth tax. [Read More]
