Experts Queston Warren’s Tax Plan

CCB MEDIA FILE PHOTO
US Senator Elizabeth Warren speaks at Barnstable Town Hall in 2014.

 

WASHINGTON (AP) — The ambitious scope of Elizabeth Warren’s push to rethink how America tackles issues such as health care, technology and education has energized her Democratic presidential campaign — and spurred questions about how she would deliver on her promises.

At the heart of Warren’s policy proposals is a 2% fee on fortunes greater than $50 million. She projects that would raise enough money to pay for a universal child care plan, free tuition at public colleges and universities, and student loan debt forgiveness.

But interviews with a dozen economists and tax experts from across the political spectrum point to divisions about how much money a wealth tax would raise. Some who laud the principles behind the wealth tax questioned whether the IRS could collect it as effectively as the campaign projects.

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