Democratic presidential hopeful Elizabeth Warren has proposed a number of new taxes on high-income households. Add them up and many of the very wealthiest could pay marginal effective tax rates of more than 100 percent.
Bernie Sanders: Medicare, and tax increases, for all. The Democratic presidential hopeful proposed a $1.38 trillion universal health care plan and the tax hikes aimed to pay for it, just before Sunday’s Democratic debate. Sanders would impose a 2.2 percent income-based premium on all households,