The bill from Sen. Bernie Sanders and Rep. Ro Khanna could raise $4.4 trillion over 10 years, according to one analysis.
The Vermont senator’s proposal would levy a yearly wealth tax on America’s roughly 1,000 billionaires, raising an estimated $4.4 trillion for social spending programs.
The measure comes as Democrats began to jostle ahead of the upcoming presidential primary.
Progressive lawmakers Bernie Sanders and Ro Khanna unveil a 5% annual wealth tax on billionaires' assets exceeding $1 billion ...
At a time of unprecedented income and wealth inequality, this legislation demands that the billionaire class in America finally pay their fair share of taxes so that we can create an economy that ...
Explore Bernie Sanders' clash with the Jeff Bezos-owned Washington Post over a proposed 5% wealth tax on billionaires, ...
Sen. Sanders called out the “greed” and “arrogance” of California's richest in his latest speech.
The bill from Sen. Bernie Sanders and Rep. Ro Khanna could raise $4.4 trillion over 10 years, according to one analysis.
The mere threat of a ballot initiative to impose a one-time wealth tax in California has billionaires fleeing to other states. Of course, the solution from Sen. Bernie Sanders (I-Vermont) is to ...