ReasonTV
@ReasonTV·1.4M subscribers·4.8K videos
Why Elizabeth Warren's Wealth Tax Won't Work
Posted
July 19, 2019
Views
132,056
Likes
5,903
Comments
1,373
Engagement
5.51%
July 19, 2019
132,056
5,903
1,373
5.51%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
5:21Now PlayingElizabeth Warren says her “Ultra-Millionaire Tax” will raise $2.75 trillion. History says otherwise.
------------------
Subscribe to our YouTube channel
Like us on Facebook
Follow us on Twitter
Subscribe to our podcast at Apple Podcasts
Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines.
----------------
Elizabeth Warren wants the federal government to provide free healthcare for every American, college for every student who wants it, childcare for every parent, and housing for low-income families.
And she wants to pay for it all with a new tax on the richest of the rich. She calls it the "Ultra-Millionaire Tax."
Skimming a bit more off the top of the bank accounts of the ultra-wealthy might sound like a good deal for working- and middle-class Americans who feel like they're falling behind, but the reality is that wealth taxes have been tried before. And they haven't worked the way Warren promises.
Full text and sources available at
Produced by John Osterhoudt. Based on an article by Peter Suderman. Additional graphics by Josh Swain.
Photo of Sen. Warren; credit: F. Carter Smith/Polaris/Newscom
Photo of Sen. Warren; credit: Richard Ellis/ZUMA Press/Newscom
Photo of Sen. Warren; credit: Kevin Dietsch/UPI/Newscom
Photo of Sen. Warren; credit: Derrick Salters/WENN.com/Newscom
Photo of Sen. Warren; credit: Brian Cahn/ZUMA Wire/Newscom
Photo of Sen.'s Warren and Sanders; credit: Tom Williams/CQ Roll Call/Newscom
Photo of Perry Mansion; credit: CelebrityHomePhotos/Newscom
Photo of IRS Sign; credit: Molly Riley/McClatchy DC/TNS/Newscom
Photo of Fredensborg Palace, Denmark; Credit: hbgbild/MEGA/Newscom
Photo of Malmo City Library, Sweden; Credit: Armand Tamboly/robertharding/Newscom
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
