Biden’s wealth tax that would be unfair and counter-productive

Michael Busler
3 min readAug 18, 2020

Taxing wealth, which has already been taxed, will lead to the same stagnation the economy experienced from 2008 to 2016.

Many politicians, all of them Democrats, are proposing taxes on wealth, especially for those who are very wealthy. Last year Elizabeth Warren (D, MA) proposed a wealth tax that was generally not well received. This year, more Democrats are…

Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.