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September 01, 2020 1:37pm
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A Wealth Tax Is Impractical and Unrealistic

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...
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