From WSJopinion: If you prefer democracy to plutocracy, a wealth tax is worth considering, writes Alan S. Blinder
The failure of wealth taxes in European countries over the past few decades undercuts Elizabeth Warren and Bernie Sanders' argument on how to pay for expensive social programs. Image: Ashlee Rezin Garcia/Associated PressThe idea of a wealth tax has been in the news of late, mainly because of campaign proposals from Sens. Bernie Sanders and Elizabeth Warren.
Start with the basic argument for greater equality. Your view on the wealth tax may depend on whether you are more concerned with leveling...
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