Nation

Image
The flag of the European Union

Europe tried wealth taxes. Most gave up.

U.S. Sen. Bernie Sanders, I-Vt., and Rep. Ro Khanna, D-Calif., introduced the Make Billionaires Pay Their Fair Share Act in March. The proposal would impose a 5% annual wealth tax on the roughly 938 Americans with a net worth exceeding $1 billion.

Image
Republican presidential candidate, former U.S. President Donald Trump delivers remarks during the CNN Presidential Debate at the CNN Studios on June 27, 2024 in Atlanta, Georgia.

Trump's lead over Biden grows in new polling

Former President Donald Trump holds a lead over President Joe Biden in the aftermath of a disastrous debate performance that sent Biden’s campaign into crisis. The Center Square Voter’s Voice Poll released Friday, just ahead of the Republican National Convention