What Went Down At The December Democratic Primary Debate

Interesting — Steyer agreed with Warren on the wealth tax. He’s actually pretty progressive, which you might not guess from the fact that he’s a billionaire.

I think it helps Warren that 2 percent doesn’t sound like a big number. Earlier this year, I found that her proposal was more popular than one put forward by Alexandria Ocasio-Cortez, who called for a 70 percent marginal tax rate. Two sounds a lot smaller than 70, and I can’t help but think that’s part of the public’s reaction to these ideas. And Warren’s plan remains popular.

Steyer has set himself apart from fellow billionaire Michael Bloomberg (Bloomberg is not on the stage tonight, but wondering if he’ll get a mention anyway) by calling for a wealth tax. Steyer emphasized that just now but pivoted away from it kind of quickly to tout his own business experience in contrast with Trump’s.