The Institute on Taxation and Economic Policy in a new report detailed several potential progressive tax policy proposals—including a revamp of capital gains taxation that would pull in nearly $2.5 trillion.
The group previously released an outline of a wealth tax proposal just one day before Sen. Elizabeth Warren (D-Mass.), a likely 2020 presidential contender, announced her proposed tax on wealthy individuals. Both wealth tax proposals referenced research by University of California, Berkeley economists Emmanuel Saez and Gabriel Zucman.
- Feb. 5 ITEP report suggests repealing the 2017 tax overhaul’s 20 percent deduction for pass-through ...
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