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Acton Line podcast: Elizabeth Warren wants $3 trillion tax hike; Mark Hall on America’s Christian founding

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Massachusetts Democratic Senator and presidential candidate Elizabeth Warren has proposed to increase taxes for big businesses and high earners to rake in nearly $3 trillion per year. Warren plans to use this tax to fund spending in health care, education, and family benefits, and as a result, according to Warren, the economy would grow. Are economists in agreement with Warren? What would increased taxes on the wealthy do for the economy? Dave Hebert, professor of economics and director of the Center for Markets, Ethics, and Entrepreneurship at Aquinas College, lays it out. On the second segment, Mark Hall, professor at George Fox University, joins the show to discuss his new book, Did America Have a Christian Founding? It’s a perennial question: how did the Judeo-Christian worldview under gird America’s founding and why is this question worth asking? Hall explains the main arguments in his book and dispels some common myths surrounding America’s founders.

Check out additional resources for this episode:

Read: “Reality check on Elizabeth Warren’s biggest ideas”

Read: “Could Tax Increases Speed Up the Economy? Democrats Say Yes”

Read: “The Rich Really Do Pay Lower Taxes Than You” 

Purchase Did America Have a Christian Founding?: Separating Modern Myth from Historical Truth by Mark David Hall 

Read: Mythbusters: American Founding Edition — Review of Mark David Hall’s Did America Have a Christian Founding?

Read: “Faith of our Founders: The role of religion in America’s founding”

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Caroline Roberts Caroline Roberts is a managing editor at the Acton Institute and produces Acton's weekly podcast, Acton Line.