Elizabeth Warren

Grant Thornton compares the contenders’ proposals in five categories.

Comparing the tax platforms of the Democratic candidates.

A group of Democratic lawmakers, led by presidential candidate Sen. Elizabeth Warren, D-Mass., has written a letter to Internal Revenue Service commissioner Chuck Rettig asking him to enforce a recent law.

For the owner of a multimillion-dollar company, selling by the end of 2020 could result in a much smaller tax bill than striking a deal in 2021 under new rules.

Consumers in 2019 were more likely to say plans to hike taxes on the wealthy would harm economic growth than they were in prior years, despite it being a key campaign pledge for nearly every Democratic presidential candidate, according to a new University of Michigan survey.

The Penn Wharton Budget Model says it would raise $2.3-$2.7T, not $3.75T

Democratic presidential candidate Michael Bloomberg pledged to support “taxing wealthy people like me” but dismissed a wealth levy tried in other countries and supported by rivals including Elizabeth Warren and Bernie Sanders because “it just doesn’t work.”

Even Alexandria Ocasio-Cortez is skeptical about the viability of Elizabeth Warren’s wealth tax to pay for trillions of dollars in government programs and address income inequality.

Warren and realism; how partners slide; protecting clients’ cards; and other highlights from our favorite tax bloggers.

Moderate Democrats in Congress are crafting viable alternatives to Elizabeth Warren’s wealth tax, amid increasing concerns that her soak-the-rich strategy won’t pass even if the party captures both chambers of Congress in 2020.