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Does the Washington Post Want Democracy to Die in Darkness?
['Michael Mechanic', 'Stephanie Mencimer', 'Jeffrey Winters', 'Bob Lord', 'Kiera Butler', 'Laura C. Morel', 'Alex Nguyen', 'Inae Oh', 'Sophie Hurwitz', 'Petra Stock']
Mother Jones
The Washington Post sure seems bent out of shape over wealth taxes.
In any case, the Post has been pulling out all the stops when it comes to the wealth tax.
Nelson (or whoever ghost-wrote his op-ed) concedes that most wealth tax proposals only target billionaires, but, he cautions, it’s a slippery slope.
He cites a Hoover Institution study that concluded California would ultimately lose $25 billion in tax revenue if this one-time wealth tax passes, because billionaires would flee the state.
Not according to a group of prominent economists who support the wealth tax.