Progressives back Harris plan to raise taxes on billionaires

Progressive advocates on Thursday threw their support behind a so-called billionaire minimum income tax endorsed by Vice President Kamala Harris, the Democratic presidential nominee, as a way to help tackle the wealth inequality that's worse in the U.S. than just about anywhere else in the Global North.

Left-leaning economists cheered news that Harris is embracing calls to tax the richest people in the country, who enjoy various ways of ensuring they pay lower tax rates than millions...