Elizabeth Warren will propose a ‘wealth tax’ on the very rich - The Boston Globe
Senator Elizabeth Warren proposed a new “Ultra Millionaire” tax targeting the richest families in America Thursday, setting down an aggressive marker for the rest of the Democrats vying for the 2020 presidential nomination.
The Massachusetts Democrat wrote on Twitter that the rich and powerful had shirked their fair share of taxes for too long.
“After making a killing from the economy they’ve rigged, they don’t pay taxes on that accumulated wealth,” she wrote.