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The rich & powerful run Washington. Here’s one benefit they wrote for themselves: After making a killing from the economy they’ve rigged, they don't pay taxes on that accumulated wealth. It’s a system that’s rigged for the top if I ever saw one.
We need structural change. That’s why I’m proposing something brand new – an annual tax on the wealth of the richest Americans. I’m calling it the “Ultra-Millionaire Tax" & it applies to that tippy top 0.1% – those with a net worth of over $50M.
It would make the ultra-rich pay their fair share & generate nearly $3 trillion over the next 10 years. A lot of rich and powerful people won’t like it – but I don’t work for them. Sign our petition if you agree: It’s time to tax the wealth of the top 0.1%https://my.elizabethwarren.com/page/s/ew-wealthtax?source=tw …
Excellent way of making sure the “tippy top” leave, so then it’ll be the “top”, and if they can leave, the “EVERYONE ELSE”. Stop pandering to those who are driven by envy.
They won't leave, taxes are higher in other Countries. Also they would have to give up citizenship. Won't happen.
honestly it's not a bad idea senator but I'm about ready to not have rich people at all anymore
RIGHT?!
Trump's supporters are proud of how rich their billionaires are!...SAD.
PLEASE introduce legislation to protect the credit scores of people forced to go without their income by Trump & the craven sociopaths in the GOP NO ONE SHOULD BE ALLOWED TO PROFITEER OFF OF THIS UNNECESSARY SHUTDOWN
How much of a tax is it? We used to have a 94% marginal rate on incomes over $1M and our economy flourished.
Schools were segregated, Jim Crow laws in effect, country was overwhelmingly white. Why do you want to return to the regressive 50s?
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