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Wealth Tax Times 2

The Sanders wealth tax would raise some $4.35 trillion over a decade, according to the economists Emmanuel Saez and Gabriel Zucman, who previously found that Warren’s wealth tax would raise $2.75 trillion.

Zucman and Saez also delved into the 3 main differences between the Warren and Sanders proposals — Sanders would start the tax at a lower wealth level ($32 million, compared to Warren’s $50 million), and have separate thresholds for single filers and married couples.

Sanders also floated a national wealth registry to help in administering the tax.

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Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!

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