Basic

How 8 Democrats would tax the rich

Posted by: The Conversation Global

Date: Monday, 10 February 2020

 

Editor's note

One of the biggest running themes in the Democratic presidential primary is how the leading contenders want to tax the wealthy. Nearly all of the top eight candidates want to increase how much the rich pay in income taxes, while at least three support an additional wealth tax. Most also favor a carbon tax and making corporations pay a higher share of their profits. As seven of those Democrats take the stage for their first debate following the Iowa caucus, Colorado State’s Steven Pressman examined their tax proposals and explained how economists like him think about tax policy.

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