Warren’s Wealth Tax Probably Doomed, Nobel Winner Shiller Says

The widening gap between the rich and the poor and its effect in populist politics has been a key theme at this years’s World Economic Forum in Davos, Switzerland, with companies urged to take more responsibility in social matters. “There is a problem with the wealth tax,” Shiller, economics professor at Yale University, told Bloomberg Television’s Francine Lacqua and Tom Keene on the sidelines of the Forum on Friday.

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