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Democratic U.S. Senate hopeful James Talarico unveils plan to tax billionaires

‘Call me crazy, but I think your average working Texan should pay less in federal income taxes than your average billionaire,’ the Texas state rep said Monday.

Texas Rep. James Talarico, a Democratic U.S. Senate hopeful, has pledged on the campaign trail to make billionaires pay their fair share. On Monday, he put his money where his mouth is and unveiled a plan to eliminate tax breaks for the ultra-rich. That program includes abolishing write-offs for the purchase of luxury items and restricting […]

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