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The fairest way to reduce wealth inequality, invest in the disappearing middle class and preserve our democracy is to enact a progressive estate tax on the inherited wealth of multi-millionaires and billionaires. Today I'm introducing a bill to do that:

washingtonpost.com

Bernie Sanders to propose dramatic expansion in estate tax on richest Americans, including 77...

Sanders, who will release the "For the 99.8% Act," is aiming to target the wealthiest 0.2 percent.

3:03 PM · Jan 31, 2019Twitter Web Client

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Our bill only applies to the richest 0.2% of Americans. It would establish a: -45% tax on estate values $3.5M to $10M -50% tax on estate values $10M to $50M -55% tax on estate values over $50M -77% tax on estate values over $1 billion

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Bernie Sanders

@SenSanders

Jan 31, 2019

Incredibly, Republican leaders in the Senate have introduced a bill to repeal the estate tax for the richest 1,700 families in America. That's absurd. From a moral, economic and political perspective our nation will not thrive when so few have so much and so many have so little.

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