A Wealth Tax Is Impractical and Unrealistic

This article was originally published on ETFTrends.com.

By Rick Kahler via Iris.xyz Democratic Presidential candidate and Massachusetts Senator Elizabeth Warren is proposing a federal wealth tax. It would impose annual taxes of 2% on those with household wealth—net worth, not income—of over $50 million and 3% on those with over $1 billion. While the US has never had a wealth tax, we [...]

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