Elizabeth Warren Wealth Tax Would Shrink Economy, Study Finds

Elizabeth Warren Wealth Tax Would Shrink Economy, Study Finds

U.S. Senator Elizabeth Warren's proposed 2 percent wealth tax on very-high-net-worth people would shrink the U.S. economy, a new study found.

According to CNBC, "Warren's wealth tax would also impose a 2% tax on net worth between $50 million and $1 billion and scale upward by wealth brackets until the final 6% rate." However, analysis from the nonpartisan Penn Wharton Budget Model released Thursday contradicts Warren's claims of how the tax would affect the country.

Are Liberal Sportswriters Keeping Curt Schilling Out of Baseball Hall of Fame?
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Are Liberal Sportswriters Keeping Curt Schilling Out of Baseball Hall of Fame?

Tom Joyce

If he can overcome sportswriters' opinions of his past controversial statements, former Boston Red Sox pitcher Curt Schilling could soon find himself in the National Baseball Hall of Fame.

But can the sportswriters play honest umpire and call 'em like they see 'em?

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