You Searched For "elizabeth warren wealth tax" and got 20 results
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2 mins read
Biden could wipe out 30 million student-loan borrowers' debt loads with $50,000 in relief but $10,000 would still turn a third of their balances to zero
Data provided by Sen. Elizabeth Warren's office also found that $10,000 in student-loan forgiveness…
Ayelet Sheffey
3 mins read
On wealth tax, White House says Biden and Warren have different plans
Jen Psaki said "there is a shared view that those at the top are not doing their part" but Biden's …
Juliana Kaplan
2 mins read
Elizabeth Warren says she could get on board with a proposed 1,000% tax on AR-15-style weapons
The proposed House bill is meant to bypass GOP opposition in a Democrat-only spending plan and seve…
Joseph Zeballos-Roig
6 mins read
Critics say Elizabeth Warren's wealth tax plan breaks the law. They're wrong, according to multiple law professors.
When Sen. Elizabeth Warren introduced her new wealth tax she included letters from law professors o…
Juliana Kaplan
2 mins read
Billionaire Leon Cooperman confirms the wealth-tax implementation problem: rich people will hide assets
Leon Cooperman said Sen. Warren's "foolish" wealth tax has "no merit," questioned whether it's lega…
Juliana Kaplan
4 mins read
Elizabeth Warren's new wealth tax bill would have raised $114 billion from billionaires in 2020
The Biden administration has said a wealth tax would be difficult to implement, but progressives ke…
Juliana Kaplan
1 min read
Elizabeth Warren rejects the claim that crypto can address inequality, saying the top 1% still reigns supreme
"We need real solutions to make the financial system work for everyone, not just the wealthy," Warr…
Isabelle Lee
3 mins read
Elizabeth Warren says Republicans are 'running a con game' with the debt ceiling, and repealing Trump's tax breaks for the wealthy should come first
Warren said in a Boston Globe op-ed Republicans don't really care about the national debt; they jus…
Juliana Kaplan,Ayelet Sheffey
9 mins read
'My kids can have whatever's left over': the myth of the Great Boomer Wealth Transfer
Boomers hold half of America's wealth — but they're going to spend it on themselves before th…
Ann C. Logue
2 mins read
Elon Musk would have paid $4.6 billion in 2020 under Warren's wealth tax proposal, data shows
Warren's proposed "ultra-millionaire" tax would apply a 3% tax on individual net worth above $1 bil…
Grace Dean
3 mins read
Why Elizabeth Warren sees a wealth tax as one solution to the 'suffering' of a K-shaped recovery
Saying the US has debated wealth inequality for years, Warren tells CNBC the pandemic "could accele…
Juliana Kaplan
3 mins read
Student-loan payments are about to restart and 'exacerbate financial distress' for millions of borrowers, Elizabeth Warren says. Here are 6 steps she wants Biden to take to soften the blow.
Sen. Elizabeth Warren wants Biden to ensure student-loan borrowers "avoid the harshest consequences…
Ayelet Sheffey
3 mins read
Sen. Elizabeth Warren wants to grill the billionaire who said the rich would hide their assets from a wealth tax
Warren wants a wealth tax. Billionaire Cooperman has repeatedly criticized her proposal. Now she's …
Juliana Kaplan
2 mins read
The richest Latin Americans should pay 'much more' in taxes to fight inequality, IMF top official says
Alejandro Werner suggested to the Financial Times that an "underused" property tax on the richest c…
Ayelet Sheffey
3 mins read
Critics say a wealth tax wouldn't work. Argentina just brought in $2.4 billion with one.
The tax targeted the top 0.8% of Argentinian taxpayers, and revenue will go to pandemic relief. Yet…
Juliana Kaplan
2 mins read
Billionaire Leon Cooperman rejects Elizabeth Warren's invitation to testify on a possible wealth tax
"I find Senator Warren's invitation self-serving and disingenuous," billionaire Cooperman wrote in …
Juliana Kaplan
2 mins read
Elizabeth Warren wants to triple the annual IRS budget to go after 'wealthy tax cheats'
The bill introduced by Sen. Elizabeth Warren would help close the tax gap by boosting the annual IR…
Ayelet Sheffey
3 mins read
With a federal wealth tax looking unlikely, states like New York could enact their own
Bloomberg reports New York legislators may be able to push through taxes on the ultrawealthy, and A…
Juliana Kaplan
3 mins read
Janet Yellen's Treasury sees a wealth tax as too hard to implement, but she has other ideas on what to change
Yellen said at a New York Times event that a wealth tax has been discussed by the Biden administrat…
Juliana Kaplan
2 mins read
Bernie Sanders, Elizabeth Warren, and other Democrats want to pay retirees an additional $2,400 in their Social Security checks by raising taxes on the richest Americans
The plan is very unlikely to draw GOP support, given the party's resistance to tax increases to pay…