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 ...

Progressive lawmakers Bernie Sanders and Ro Khanna unveil a 5% annual wealth tax on billionaires' assets exceeding $1 billion ...

Explore Bernie Sanders' clash with the Jeff Bezos-owned Washington Post over a proposed 5% wealth tax on billionaires, ...

California billionaires are already concerned about by a state-level wealth tax being proposed in the Golden State.

The senators are ignoring the predictable consequences of their wealth tax.

The tax revenue could result in direct payments to Americans making less than $150,000 a year ...

Sen. Bernie Sanders (I-VT) and Rep. Ro Khanna (D-CA) introduced legislation on Monday that would impose a tax on billionaires across the country, long a goal for the Left. The legislation, which in ...

Sanders and Khanna’s 5% billionaire wealth tax promises trillions in revenue, but constitutional hurdles, valuation disputes, ...

A new bill introduced in Congress would provide direct payments of $3,000 to millions of Americans. The payments would be ...

Senator Bernie Sanders and Representative Ro Khanna introduced a new bill that would establish a 5% federal tax on the uber-wealthy, which would fund a $3,000 direct payment to Americans ...

The measure comes as Democrats began to jostle ahead of the upcoming presidential primary.

Backers project, based on Forbes’ billionaires list, that the tax would raise $4.4 trillion over ten years for childcare, housing and a $3,000 per person check to many Americans.