Would a Wealth Tax Work?

This Abridge News topic aggregates four unique arguments on different sides of the debate. Here are the quick facts to get you started:

THE QUICK FACTS

• 2020 Democratic presidential candidates Sen. Bernie Sanders and Sen. Elizabeth Warren have called for a wealth tax on ultra-wealthy Americans.
• According to their campaign websites, Warren's "Ultra-Millionaire Tax" plan calls for a 2% annual tax on households with a net worth between $50 million and $1 billion, and a 3% annual tax
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