Senator Liz Warren recalled the impetus for wealth in the EU, arguing the inequalities of the pandemic

In the image, the Democratic senator, Elizabeth Warren.  EFE / EPA / MICHAEL REYNOLDS / Archive
In the image, the Democratic senator, Elizabeth Warren. EFE / EPA / MICHAEL REYNOLDS / Archive

Senator Elizabeth Warren, Democrat of Massachusetts, presented March 1 a project that proposes to engrave the net worth of the more affluent persons of the United States, with the intention of persuading President Joe Biden and other Democrats to obtain recourse to fund large guest programs of the federal government’s median impetus to the richest states.

The tax on wealth rich by Warren involucraria apply a bag of dos per cent in net worth individual with up to 50 million dollars; for the calculation takes place in account of the value of actions, cases, embarrassments and any other property of a person, nevertheless to remain his deeds. Also consider a additional charge of one per cent if the net worth exceeds the millions of dollars. In the Chamber of Deputies, other Democrats support this project: Pramila Jayapal of Washington, who captures the progressive caucus of Congress, and Brendan Boyle, moderate of Pennsylvania.

The proposal, identical to the one Warren plans to announce during his campaign for the 2020 presidential nomination, is not one of the most generic among the options Democrats are considering at this time to help cover Biden’s campaign proposals. to receive billions of dollars in infrastructure, education, guard services, display of energy costs, health services and other national initiatives. A diferencia de Warren, Biden, with all its intentions, avoids imposing a wealth on the 2020 Democratic primary elections for the presidency.

Prohibition of probes, Warren insists that his colleagues support this plan, which has gained popularity among the public now that the most wealthy stadiums have received huge profits, while 10 million stadiums have been unveiled following the pandemic..

The inquiries showed a constant response to Warren’s proposal, which is now with the supports more than three hundred and eighty states, including a majority of Republican voters.

“A wealth impetus is popular among extremist workers for a good reason: understand that the system is designed to benefit the rich and the great companies”, Warren Explained. “As the Congress develops other plans to help the economy, the impetus for wealth must be one of the first options to help finance these plans, leading to a huge increase in incomes and generation.”

The tax that proposes Warren only impacts well on people with more than 50 million dollars (Reuters)
The tax that proposes Warren only impacts well on people with more than 50 million dollars (Reuters)

Dijo who is confident that the “legislators are summoned to the abrumadora majority of stadiums that require more justice, more changes and that it is time to apply a tax on wealth”.

Biden does not propose any increase in taxes to cover the 1.9 trillion dollar financial aid package that it hopes to make in the same way. Biden has said that the plan finances the guest at the large plaza (in contrast to a temporary economic balance) with increases in taxes levied on individuals with major mayors and corporations.

Both the corporate groups and the Republicans will begin to investigate inquiries into Biden’s plans for tax purposes. There are various groups that do not like Warren’s plan, which is a central proposal of his campaign for the 2020 Democratic elections.

The critics of this proposition argue that difficult series for the federal government to calculate and recover this tax, which disallowed the inversion and that the tribunals could declare unconstitutional. Warren has a collection of study cards from the Constitutional Court that believes its plan is satisfactory.

Warren calculates that its initial proposal for the 2020 campaign recover 2.75 trillion dollars in one decade, the planned plans to host education and guard services, based on calculations by economists Emmanuel Saez and Gabriel Zucman, of the University of California, Berkeley campus.

The most recent version, which will be applied in 2023 on the net value calculated in 2022, generates three trillion dollars, says Saez and Zucman. Other economists, such as Natasha Sarin of the University of Pennsylvania and Lawrence H. Summers of Harvard, calculate that this tax collection is very small.

Zucman and Saez affirm that the difference in their calculation is due to the cycle of recession and recovery from the pandemic, which has enriched some of the richest states and exacerbated the inequality in the distribution of wealth.

“The richness of the higher levels, especially among the multimillionaires, has increased in the two years” from the 2019 column of the Warren Plan, written by Saez and Zucman in a new circle that accompanies the project of the city.

In an e-mail, Zucman emphasizes that “the disparity between the riches of the ultra-rich and the riches of the riches of the City of the United States is not a new phenomenon: the wealth of the multimillionaires has increased to an increased pace. that the economy since 40 years ago ”.

“For the sake of gratitude,” he said, “this disparity has ensued during the pandemic. For this, an impetus to riches will be a significant source of ingress for the governor in the years to come ”.

Secretary of the Casa Blanca press, Jen Psaki, did not give a direct answer on March 1, when the presentation was made during a session and Biden supported Warren’s proposal. ‘The president agreed that the ultra-rich and the corporations should start to adjust the proportion”, Dijo.

© The New York Times 2021

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