Wealth Tax Debate Raises Question: What Does it Mean to Invest in America?

Tim Libretti, PhD
5 min readNov 10, 2019

Elizabeth Warren’s wealth tax proposal has certainly sparked debates not just about basic questions of fairness, of morality, but also about the economic effectiveness and very meaning of taxation.

The debate raises the question of what it means to invest in America.

Beto O’Rourke, in the last debate, jumped on the Warren-bashing bandwagon, accusing Warren’s policies of being “more focused on being punitive or pitting one part of the country against the other instead of lifting…

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Tim Libretti, PhD

Professor of Literature, Political Economy enthusiast, Dad, always thinking about the optimal world