An economist at the forefront of the growing global push for a billionaire wealth tax is welcoming news that U.S. Democratic presidential nominee Kamala Harris is embracing calls for a minimum levy on the United States' richest individuals.
If she planned on taxing billionaires, she’d be shouting it from the rooftops. That’s a popular policy.
Not among corporate mega-donors, it isn’t! Keeping it in her back pocket – not until she’s president, but until shortly before the election and, crucially, after their checks clear – is exactly what she should do.
Nobody would be happier than me to see that happen, but seeing how nobody’s ever done something like that before I have my doubts. Can’t remember the last Democrat that actually got more radical than the platform they ran on. Certainly wasn’t anybody in the last 50 years.
Not among corporate mega-donors, it isn’t! Keeping it in her back pocket – not until she’s president, but until shortly before the election and, crucially, after their checks clear – is exactly what she should do.
Nobody would be happier than me to see that happen, but seeing how nobody’s ever done something like that before I have my doubts. Can’t remember the last Democrat that actually got more radical than the platform they ran on. Certainly wasn’t anybody in the last 50 years.
Massachusetts did it. And it is a huge success.
https://www.cbsnews.com/news/massachusetts-millionaires-tax-free-lunch-every-kid/