Tuesday, November 12, 2019

GET ME REWRITE: Elizabeth Warren rattles Gordon Gekko's cage

As Warren Gains in Race, Wall Street Sounds the Alarm.  (The Wall Street Journal, 11/4/2019)
Ms. Warren has made battling corporate greed and corruption a central theme of her fiercely populist campaign, mixing anti-elitist oratory with policy plans calling for sweeping new regulations. On Friday morning she released an ambitious proposal to pay for her “Medicare for all” program, with provisions directly affecting Wall Street: aggressive new taxes on billionaires, an additional tax on financial transactions like stock trades and annual investment gains taxes for the wealthiest households.

Source:  Inequality

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