Elizabeth Warren is among the strongest contenders and Democratic hopefuls for the presidential election of 2020. During the fourth Democratic debate, on October 15th, 2019, the economic policy of Elizabeth Warren, also known as the “Wealth Tax Plan,” was given close attention regarding how it could reduce income inequality in the United States. The central argument about the wealth tax proposal of Senator Warren is that; through a progressive wealth tax system, which means those with higher income will pay higher taxes; the wealthiest people in America will pay their “fair share” and that...
![The Problem of Elizabeth Warren’s Wealth Tax Plan](https://sfo3.digitaloceanspaces.com/offload-wp-files/2019/10/Screen-Shot-2019-10-16-at-10.10.19-PM.png)