Her fellow Democrats ARE NOT entertaining such a thing…
It would NEVER pass the US Senate even if Democrats where to get to 50/50 in seats with a Democratic President….
And what Democrat ANYWHERE beside s Warren and Sanders
(And maybe AOC) want’s to run on raising taxes ?
Democrats are giving a cold shoulder to Sen. Elizabeth Warren’s proposed wealth tax, one of the centerpieces of her presidential campaign.
The Massachusetts Democrat’s proposal is meant to address rising inequality in the United States. It would impose a 2 percent tax on the wealth of people with more than $50 million in assets, while those with assets more than $1 billion would face a 3 percent tax.
Warren would use revenue from the plan to pay for student debt relief, universal access to pre-K, child care and increased pay for child care workers.
Warren has seen her stock rise in the Democratic presidential primary in part on the strength of a string of plans she has presented on public policy. She’s just trailing former Vice President Joe Biden in a couple of recent national polls, and the wealth tax has approval from two-thirds of Americans, including 55 percent of Republicans, according to a poll by The New York Times.
But Democrats in charge of tax legislation on Capitol Hill have kept their distance from the plan, refusing to endorse the concept. They’ve instead focused on raising capital gains taxes and income taxes on the wealthy, as well as anti-poverty policies…..
Without her rich tax?
Her healthcare and student loan forgiveness plans are nonstarters….
She would be losing her major platform promise ‘s
This goes to the heart of her and Bernie Sanders promises with moderates…
Their programs WOULD entail tax increases for middle class Americans something Democrats do NOT want….