Would a “Wealth Tax” Help Combat Inequality? A Debate with Saez, Summers, and Mankiw
(Full session) Emmanuel Saez, a leading architect of the “wealth tax” plans advocated by Senators Elizabeth Warren and Bernie Sanders, outlined his proposals at the PIIE conference on “Combating Inequality: Rethinking Policies to Reduce Inequality in Advanced Economies” on October 17–18, 2019. Lawrence Summers of Harvard, top economic policymaker in the Clinton and Obama administrations, delivered a tough critique of Professor Saez’s proposals. He was joined in the criticism by Gregory Mankiw, also a Harvard economic professor, and a former top economic adviser to President George W. Bush. Watch this important and timely discussion, moderated by Catherine Rampell of the Washington Post.For more details on the event, visit https://www.piie.com/events/combating-inequality-rethinking-policies-reduce-inequality-advanced-economies.