2 Jul 2019

Wealthy call for wealth tax

From The Panel, 4:57 pm on 2 July 2019

Some of America's richest people are urging US presidential candidates to back a wealth tax on the super-rich to improve inequality and climate change.

They say its bipartisan call but are backing a plan by Elizabeth Warren to raise taxes on the mega wealthy.

The open letter says that a wealth tax could help address climate change, improve health outcomes, and strengthen democratic freedoms.