What Went Down At The December Democratic Primary Debate

Yes, Nathaniel, Steyer has been in favor of a wealth tax for a while. He recently wrote an op-ed telling Bloomberg to support a wealth tax or get out of the race. Kind of wonder if he should have dwelled on that for longer, since it does run counter to the billionaire stereotype and might have caught people’s attention.

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.