Taxing the US rich gaining more support
China Daily | Updated: 2019-03-05 07:14
Billionaires such as Gates and Buffett worry about severe wealth inequality
NEW YORK - Long out of favor in the United States, the idea of taxing rich individuals and corporations to pay for healthcare or combat inequality is gaining ground among Democratic politicians.
While the US reveres free enterprise and is home to the world's largest number of billionaires, such tax proposals have been gaining traction in political circles in recent weeks.
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