Billionaire wealth is 40% higher now than when the COVID crisis began – but our tax system is still tilted toward the ultra-rich. Today , and I are introducing our #WealthTax bill to make the wealthiest Americans pay their fair share.
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The #WealthTax is a two-cent per dollar tax on people with a net worth above $50 million – and a few cents more for the billionaires. This small tax would generate at least $3 trillion to help fund bold reforms in President Biden’s #BuildBackBetter agenda.
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