Six tax-based ways to tackle US income inequality

Forget the wealth tax - there are many other easier ways to enforce policies more likely to land a Democratic president

Three years ago, Donald Trump's victory in the US presidential election triggered a search for explanations of what is still a shocking outcome. One immediately came to dominate: his Democratic opponents had been insufficiently aware of the problem of income inequality, or had neglected to propose effective solutions.

That is presumably the logic behind the radical proposals to tackle inequality coming from some of the leading candidates for the 2020 Democratic presidential nomination. Senator Elizabeth Warren, for example, has proposed an annual tax (originally of 2%, but now up to 6%) on the richest Americans' wealth.

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