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Mar 12, 2021

Sen. Warren on taxing the ultrawealthy

Sen. Elizabeth Warren, D-Mass. joins the show to discuss the wealth tax she introduced last week, which would impose a 2% tax on individual net worth above $50 million and an additional 1% surtax on net worth above $1 billion. Plus, COVID relief payments could hit bank accounts as soon as this weekend. And, China’s antitrust regulator fines some of the country’s largest tech giants.

"This going to be good for our economy," Warren, D-Mass., said of the wealth tax legislation she introduced last week. — "This going to be good for our economy," Warren, D-Mass., said of the wealth tax legislation she introduced last week.
Chip Somodevilla/Getty Images

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Segments From This Episode

Sen. Elizabeth Warren on her new wealth tax bill and how to enforce it
by David Brancaccio and Rose Conlon
Chip Somodevilla/Getty Images
Economists say the Ultra-Millionaire Tax Act could raise $3 trillion in 10 years.
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The COVID relief package is official. When will we see direct payments?
by Nancy Marshall-Genzer
Jeff Fusco/Getty Images
The White House says relief payments sent by direct deposit could start hitting bank accounts this weekend.
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China's antitrust regulator fines a dozen companies, including Tencent, ByteDance-backed firm
Marketplace’s Jennifer Pak reports.

Music from the episode

The Team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director