Bernie Sanders, Elizabeth Warren and the Wealth Tax (tags)
Warren's proposal earmarks a 2% tax on wealth between $50 million and a billion dollars and a 3% tax on wealth over a billion. Between 1930 and 1980, top incomes were taxed at 81% and top inherited wealth at 74%. Obviously, this did not destroy American capitalism.
BTL:What's Next for Occupy Wall Street after New York Police Department Raid? (tags)
Interview with Mark Bray and Senia Barragan, Occupy Wall Street media team, conducted by Scott Harris