Article snippet: WASHINGTON — Three years after President Trump rode a wave of populist anger into office, some of his top Democratic challengers are calling for a fundamental reordering of US capitalism, arguing that voters will embrace bold plans to reverse decades of rising inequality by raising taxes on corporations and the rich. The $20.5 trillion proposal for Medicare for All released by Senator Elizabeth Warren of Massachusetts on Friday is the most prominent example of how a party that once bet on centrist economic policies to win elections is moving toward far more ambitious efforts to redistribute wealth and expand the government’s role in the economy. In doing so, Democrats are trying to push the boundaries of how much a country can rely on a sliver of high-end investors and other wealthy citizens to fund widely used social programs and bankroll other services traditionally paid for by individuals. Warren, who is leading in polls, has proposed a wealth tax on billionaires, along with new taxes on corporations and financial transactions like selling or buying stocks. Senator Bernie Sanders of Vermont has embraced raising taxes on billionaires and corporations, as well as on the middle class, to fund universal health care, free college, clean energy, and other government programs. Another Democrat who is climbing in the polls, Pete Buttigieg, would reverse Trump’s corporate tax cuts to pay for a less expansive and expensive health plan and has also expressed support for... Link to the full article to read more