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Home / MLM News Roundup / National / Warren ‘wealth tax’ estimates too optimistic, analysis says

Warren ‘wealth tax’ estimates too optimistic, analysis says

Elizabeth Warren's signature "wealth tax" would bring in at least $1 trillion less in new government revenue than the Democratic presidential candidate estimates while ultimately shrinking the economy over the next 30 years, according to a new academic analysis. The Massachusetts senator wants a 2 percent tax on fortunes worth $50 million-plus and a levy three ...