Does Elizabeth Warren's Wealth Tax Add Up?

What this episode covers

Wharton Professor Kent Smetters discusses the Penn Wharton Budget Model's analysis of Senator Elizabeth Warren's wealth tax. They found that Warren's proposal would shrink the economy between .09 and 2.1 percent by 2050, and raise roughly $1.0 to $1.4 trillion less than Warren's campaign estimate. Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of This Week in Business?

This episode is 19 minutes long.

When was this This Week in Business episode published?

This episode was published on December 19, 2019.

What is this episode about?

Wharton Professor Kent Smetters discusses the Penn Wharton Budget Model's analysis of Senator Elizabeth Warren's wealth tax. They found that Warren's proposal would shrink the economy between .09 and 2.1 percent by 2050, and raise roughly $1.0 to...

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