It’s time for a (teeny) tax on wealth

The rapidly widening divide between the rich and the rest of us is neither natural nor accidental. America needs a "Lizzie"--a way to re-balance the tax burden fairly between wages and wealth. Sen. Elizabeth Warren has taken the lead on this fundamental democratic reform by proposing a return to America's historic tax principle of "ability to pay." Her idea is to shut down the elites' shameful tax dodging with a straight-forward tax on extreme wealth.