Taxing the rich now supported by 53% of Republicans in new poll

[blm]

4. Hey, some Dems even ridicule the idea. Fewer and fewer, thankfully.

But, that just may be mere political posturing for the primary, then they’ll embrace it, too, soon enough.

Great New Yorker article on Patriotic Millionaires. A must read for this issue.

https://www.newyorker.com/magazine/2020/01/06/the-ultra-wealthy-who-argue-that-they-should-be-paying-higher-taxes?

The Ultra-Wealthy Who Argue That They Should Be Paying Higher Taxes
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In February, Morris Pearl, a former executive at the asset-management firm BlackRock and the chair of the Patriotic Millionaires, wrote an article for the group’s Web site expressing support for Elizabeth Warren’s proposed wealth tax, which would impose a tariff of two per cent on fortunes greater than fifty million dollars and three per cent on those above a billion. (Warren recently doubled her proposed billion-plus tax rate, to six per cent.) The group helped develop a bill, introduced in the House of Representatives in November, that would impose a surtax on the country’s highest earners, and it is working on other legislation, including a bill that would raise the estate tax.
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