Democratic contenders hoping to run on soaking the rich

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WASHINGTON (AP) ” The last Democrat to win a presidential election, Barack Obama, ran in 2012 on a platform of raising taxes for top earners to nearly 40 percent. Now a new crop of Democratic presidential hopefuls is signaling that they want to go even further.Massachusetts Sen. Elizabeth Warren is floating a 2 percent tax on all assets of people with a net worth of more than $50 million ” a moon-shot plan that could face legal challenges for hitting investments, homes and cars, not […]

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