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relates to Here’s How the Quants Might Pick NCAA Basketball Winners relates to China’s Electric Cars Hit Some Potholes relates to Xiaomi Should Stop the Spin and Show Off These Numbers relates to Goldilocks Is Getting Chased Out of the Markets relates to Four Non-Trump Problems to Focus the Mind relates to The Models Are Going to Be in Charge relates to China’s Boeing Threat Has More Bite Than Bark relates to Kazakh Strongman Shows Putin a Path for Staying in Power relates to Quants in the Muni Market Show Bond Liquidity Will Be Fine
Economics

Taxing America’s Wealthy: Theme of the Week

Here’s what led Bloomberg Opinion coverage this week.

Taxing America’s Wealthy: Theme of the Week

Here’s what led Bloomberg Opinion coverage this week.

Hold that thought ...

Hold that thought ...

Photographer: Simon Dawson/Bloomberg

Hold that thought ...

Photographer: Simon Dawson/Bloomberg

Senator Elizabeth Warren has proposed a wealth tax. Representative Alexandria Ocasio-Cortez wants to impose a 70 percent marginal tax rate. Republicans say Democrats’ push to get the country’s wealthy to pony up more in taxes to finance a progressive agenda isn’t going to fly. And Democratic lawmakers and voters want to address how to help America’s working class narrow the widening chasm between the haves and the have-nots, while also maintaining a dynamic economy. Bloomberg Opinion’s writers brought a hefty amount of expertise this week to an issue that will continue to dominate economic and political discussions.

Resentment of the Wealthy Is Not a Policy – Tyler Cowen

What Elizabeth Warren Gets Wrong About the Rich – Karl W. Smith

A Wealth Tax Is Better Than Some of the Alternatives – Noah Smith

The Golden Age of Hollywood Tax Avoidance – Joe Nocera

A Simple Fix to Address Income Inequality – Pamela Herd and Donald P. Moynihan

Taxing the Rich Is an Idea Whose Time Has Come -- and Gone – Stephen Mihm

The Wealthy Are Victims of Their Own Propaganda – Stephanie Kelton

Wealth Tax’s Legality Depends on What ‘Direct’ Means – Noah Feldman

The Best Economic Policy for the Working Class – Karl W. Smith

This is the Theme of the Week edition of Bloomberg Opinion Today, Sunday’s roundup of our biggest commentary topic this week. New subscribers to the newsletter can sign up here.

    This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

    To contact the author of this story:
    Brooke Sample at bsample1@bloomberg.net

    To contact the editor responsible for this story:
    Timothy L. O'Brien at tobrien46@bloomberg.net