Taxing the rich becomes hot topic of debate for 2020 hopefuls
By Naomi Jagoda - 02/03/19 11:00 AM EST
A debate over how hard to tax the rich is taking center stage in the early days of the 2020 presidential race.
Likely candidates who are more to the left are leaning heavily on messaging that says wealthy Americans need to be taxed significantly more, and they’re backing that up with proposals to make their mark on the issue.
Meanwhile, billionaires who are considering entering the race are pushing back on some of the latest calls to boost taxes on the wealthiest U.S. residents.
Democratic strategists say that arguments in favor of major tax increases for the rich will win over voters. They also predict that candidates who have yet to offer such proposals are likely to do so as the race heats up.
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https://thehill.com/policy/finance/428141-taxing-the-rich-becomes-hot-topic-of-debate-for-2020-hopefuls
