Dueling economists debate how much a wealth tax would raise

 

The wealth tax proposed by Sen. Elizabeth Warren has sparked a fierce — and increasingly personal — debate between the party’s traditional academic elite and the darlings of the new left.

Lawrence Summers, former Treasury Secretary and longtime economic guru of the Democratic Party, published an op-ed in The Washington Post in April saying the revenue estimates from Warren and her economic advisors were overly optimistic.

Dueling economists debate how much a wealth tax would raise

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