{"id":593346,"date":"2019-03-18T11:27:13","date_gmt":"2019-03-18T15:27:13","guid":{"rendered":"http:\/\/spaceweekly.com\/?guid=88f26baf13d01b30c1d7ba6e8ad791a9"},"modified":"2019-03-18T11:27:13","modified_gmt":"2019-03-18T15:27:13","slug":"opening-up-the-analysis-behind-elizabeth-warrens-wealth-tax-plan","status":"publish","type":"post","link":"https:\/\/spaceweekly.com\/?p=593346","title":{"rendered":"Opening up the analysis behind Elizabeth Warren&#8217;s wealth tax plan"},"content":{"rendered":"<p>Senator Elizabeth Warren declared her 2020 presidential bid on a platform based on policies to rebuild the American middle-class. A key part of her campaign will be a progressive wealth tax on the net worth of American households, including a 2% tax on net worth above $50 million, and an additional 1% tax on net worth above $1 billion. UC Berkeley economists Emmanuel Saez and Gabriel Zucman\u2014the researchers whose analysis forms the basis of the plan\u2014estimate that &#8220;75,000 American households (less than 0.1%) would be liable for the wealth tax and that the tax would raise around $2.75 trillion&#8221; in the first ten years of its implementation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senator Elizabeth Warren declared her 2020 presidential bid on a platform based on policies to rebuild the American middle-class. A key part of her campaign will be a progressive wealth tax on the net worth of American households, including a 2% tax on net worth above $50 million, and an additional 1% tax on net worth above $1 billion. UC Berkeley economists Emmanuel Saez and Gabriel Zucman&mdash;the researchers whose analysis forms the basis of the plan&mdash;estimate that &#8220;75,000 American households (less than 0.1%) would be liable for the wealth tax and that the tax would raise around $2.75 trillion&#8221; in the first ten years of its implementation.<\/p>\n","protected":false},"author":0,"featured_media":615444,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-593346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/posts\/593346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=593346"}],"version-history":[{"count":1,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/posts\/593346\/revisions"}],"predecessor-version":[{"id":593347,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/posts\/593346\/revisions\/593347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/media\/615444"}],"wp:attachment":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=593346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=593346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=593346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}