Tax hikes and growing debt guarantee shared pain in a hobbled economy.
And it has failed in almost every country where it's been tried.
A proposed wealth tax would collect 97 percent of its revenue from famous billionaires.
The proposed tax would apply to not just wealthy residents, but anyone who is wealthy who has lived in the state for the last 10 years.
Elizabeth Warren Drops Out. Her Failed Campaign Is a Reminder That Even Democratic Voters Don't Want a Woke Policy Wonk in the White House.
The Massachusetts senator failed to expand her appeal beyond a core group of highly educated upper-middle-class voters.
The Vermont socialist has always claimed to be a champion of the working class. But over time, his wealth tax would fall heavily on ordinary Americans.
"It's been tried by other nations," the New Jersey senator said.
Warren says her wealth tax math "clearly" adds up. It doesn't.
Does economic success deserve to be punished? The Democratic Party will have to answer in the coming primaries. Joe Biden is on the correct side of it.
Sanders has proposed a wealth tax to eliminate billionaires and fund his expensive domestic policy agenda.
Warren Wants 'Big, Structural Change' That Goes Beyond Anything Previous Democratic Administrations Have Proposed
Warren doesn't merely want to turn back the clock to the pre-Trump era. She wants to raise taxes and regulations far beyond the levels of the late Obama-Biden administration.
The unintended consequences of helping students with the brightest futures.
Her big new tax plan is impractical, ineffective, and probably unconstitutional.