Tags: 2020 Elections | elizabeth warren | 2020 | tax | economy | wealthy

Experts: Elizabeth Warren's Wealth Tax Plan Hurts Economy

Democratic presidential candidate U.S. Sen. Elizabeth Warren (D-MA). (Ethan Miller/Getty)

By    |   Sunday, 28 April 2019 03:54 PM

Democratic presidential candidate Elizabeth Warren has a strong shot at winning the Democratic nomination, but experts tell Newsmax that one of her central tenets, a tax on the nation's wealthiest Americans, is doomed to fail.

Warren, 69, the second-term Massachusetts senator, said her plan would tax households worth more than $50 million, with the goal of raising nearly $3 trillion over 10 years to benefit 95% of the 45 million Americans carrying student debt — wiping the debt clean for 75% of them.

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Democratic presidential candidate Elizabeth Warren has a strong shot at winning the Democratic nomination, but experts tell Newsmax that one of her central tenets, a tax on the nation's wealthiest Americans, is doomed to fail.
elizabeth warren, 2020, tax, economy, wealthy
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2019-54-28
Sunday, 28 April 2019 03:54 PM
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