Daily Tax Report ®

Mega-Rich at Palm Beach Soiree Dismiss Democrats’ Tax Proposals

Feb. 4, 2019, 5:46 PM

The party at the Norton Museum of Art on Feb. 2 had all the trappings of the Palm Beach high season—those Stubbs & Wootton slippers, some fabulous gowns, and, with President Trump ensconced at Mar-a-Lago, a healthy disregard for the tax plans being floated by a wide field of potential Democrat candidates in 2020.

Ken Griffin and Wilbur Ross
Photographer: Amanda Gordon/Bloomberg

“They’re going to eat themselves alive,” Commerce Secretary Wilbur Ross said.

“Those plans are so antithetical for what’s good for growth in our country, they’ll go nowhere,” Citadel founder Ken Griffin said. Improving public K-12 education would be a much better way to address inequality...

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