Nobel Prize-Winning Economists Back First Billionaire Tax in US

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Nobel Prize-Winning Economists Back First Billionaire Tax in US

Six Nobel Prize-winning economists have signed an open letter supporting what could be the first billionaire wealth tax in the US, if voters approve it this November. The economists, including former chief economist of the World Bank, Joseph Stiglitz, say that a one-time 5% tax on billionaire residents of California could kickstart wealth distribution in […]