Could a wealth tax help reduce the vast income and wealth inequality in the country? It’s an idea that not only has the backing of two Democratic primary frontrunners - Sen. Bernie Sanders and Sen. Elizabeth Warren - but also enjoys wide public support. So what would it look like to have a wealth tax, who would end up paying, and why is Wall Street freaking out about it? And how did we get to this level of wealth inequality to begin with? There’s no one better to answer all these questions than Gabriel Zucman, an expert economist who worked with both campaigns to develop their wealth tax proposals based on his years of research.
RELATED READING:
The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay
YOU MIGHT ALSO LIKE
Can We Tax the Rich? with Jesse Eisinger
Why Is This Happening? The Chris Hayes Podcast