The beginning of 2019 has seen a flurry of proposals to increase taxes on high-income individuals, including an increase in the top income tax rate to 70 percent and a possible wealth tax.
This panel will discuss these various proposals and answer important questions for policymakers to consider:
- How might high-earner taxes be structured, and should they be implemented at all?
- Would these proposals accomplish their desired effect of curbing income inequality?
- How much revenue could new taxes on the rich realistically be expected to generate?
- What would be the economic impact of raising taxes on high-income taxpayers?
Kyle Pomerleau, Tax Foundation Chief Economist and Vice President of Economic Analysis, will moderate the panel, which will include:
- Aparna Mathur, Resident Scholar, American Enterprise Institute
- Len Burman, Institute Fellow, Urban-Brookings Tax Policy Center
- Nicole Kaeding, Vice President of Federal Projects, Tax Foundation
- Steve Wamhoff, Director of Federal Tax Policy at the Institute on Taxation and Economic Policy