Sen. Elizabeth Warren Proposes “Ultra-Millionaire Tax” on Top 0.1%

HeadlineJan 25, 2019

Back in the United States, Massachusetts Democratic senator and 2020 presidential candidate Elizabeth Warren unveiled a plan Thursday that would shift the U.S. tax burden onto those who can most afford it: people with tax assets over $50 million. Warren says the proposed “ultra-millionaire tax” would raise $2.75 trillion over 10 years while impacting just 0.1 percent of Americans.

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