An economist at the forefront of the growing global push for a billionaire wealth tax is welcoming news that U.S. Democratic presidential nominee Kamala Harris is embracing calls for a minimum levy on the United States' richest individuals.
The commondreams article says “endorsement of taxes on ultra-wealthy individuals and large corporations” - your linked article says she’s raising the corporate tax rate not even up to what it was before Trump. So, sure, I guess that technically counts as the “large corporations” part, but it doesn’t meet the “ultra-wealthy individuals” language or the “billionaires tax” claim in the headlines.
I love that she says she wants to raise it somewhat. I love that she wants to give tax breaks to working class people. I don’t love that this makes it out to be something it’s not.
The commondreams article says “endorsement of taxes on ultra-wealthy individuals and large corporations” - your linked article says she’s raising the corporate tax rate not even up to what it was before Trump. So, sure, I guess that technically counts as the “large corporations” part, but it doesn’t meet the “ultra-wealthy individuals” language or the “billionaires tax” claim in the headlines.
I love that she says she wants to raise it somewhat. I love that she wants to give tax breaks to working class people. I don’t love that this makes it out to be something it’s not.