Billionaires Could Face Tax Rates Up to 97.5% Under Sanders
- Warren would levy taxes up to 62% on richest Americans
- New model depicts how candidates would tax by income group
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Billionaires may have much more to fear from a Bernie Sanders presidency than they do from an Elizabeth Warren administration, according to two economists advising both candidates.
That’s one of the conclusions of a new interactive website developed by University of California, Berkeley professors Emmanuel Saez and Gabriel Zucman.