The Economic Perspective: “Should a wealth tax be an addition or substitute?”
Story Date: 12/2/2019

 

Source: SOUTHERN FARM NETWORK, 11/29/19


This is Mary Walden with economist MW, welcoming you to the economic perspective.  Today’s program asks, should a wealth tax be an addition or substitute?  Mike, some presidential candidates are advocating a new national wealth tax both as a way to raise revenue and address economic inequality.  I have two questions.  First, what is a wealth tax?   Second, how would it interact with other taxes?

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