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Why Elizabeth Warren sees a wealth tax as one solution to the ‘suffering’ of a K-shaped recovery

Elizabeth Warren

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In an interview with CNBC, Sen. Elizabeth Warren said the US is “suffering” from a K-shaped recovery — and again identified a wealth tax as one way to address inequality.

“We’ve been talking about wealth inequality in this country for several years now,” Warren said. “This pandemic could accelerate it at a rate that we had never even imagined in our worst nightmares.”

In a K-shaped recovery, which has so far been the shape of America’s recession rebound, high earners have seen their incomes and jobs bounce back. The opposite is true for details ⇒

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