Warren to Propose a ‘Wealth Tax’

2% to 3%

Sen. Elizabeth Warren (D-MA) will propose a new annual “wealth tax” on Americans with more than $50 million in assets, as Democratic leaders vie for increasingly aggressive solutions to the nation’s soaring wealth inequality, the Washington Post reports. “Emmanuel Saez and Gabriel Zucman, two left-leaning economists at the University of California, Berkeley, have been advising Warren on a proposal to levy a 2 percent wealth tax on Americans with assets above $50 million, as well as a 3 percent wealth tax on those who have more than $1 billion, according to Saez.”

Passenger Confronts GOP Lawmaker Flying First Class

“Congressman, do you think it’s appropriate to fly first class while 57,000 TSA agents aren’t being paid?” Davis remained silent, prompting the person to say, “Taking that as a yes.”

— Rep. Rodney Davis (R-IL) “had an uncomfortable run-in Tuesday when a fellow airplane passenger found him flying first class from Chicago to Washington, D.C.,” the HuffPost reports.

Lara Trump’s as Clueless as the Rest of the Trumps

“We get that this is unfair to you, but this is so much bigger than any one person. It is a little bit of pain, but it’s going to be for the future of our country and their children and their grandchildren and generations after that will thank them for their sacrifice right now.”

— Lara Trump, quoted by Newsweek, on the furloughed federal employees due to the government shutdown.