New legislation would tax billionaires for $3K payouts to US households

New legislation would tax billionaires for $3K payouts to US households

The proposed legislation promises $3,000 payouts to families earning under $150K.

Bernie Sanders wants the super-rich like Elon Musk to send families up to $12,000 * WorldNetDaily * by Bob Unruh

'We can no longer tolerate a corrupt tax code that enables billionaires to pay a lower tax rate than the average worker'

Bernie Sanders Proposes $4.4 Trillion Billionaire Wealth Tax

WASHINGTON, D.C. — Sen. Bernie Sanders (I-Vt.) and Rep. Ro Khanna (D-Calif.) have introduced legislation that would impose a 5 percent annual wealth tax on the nation’s billionaires, aiming to raise an estimated $4.4 trillion over the next decade. The proposal would apply to 938 U.S. billionaires who collectively hold about $8.2 trillion in wealth. Supporters say the revenue would fund direct payments of $3,000 in the first year to individuals i…

Sanders, Khanna Introduce Wealth Tax Bill Targeting Billionaires

A new bill introduced in Congress would provide direct payments of $3,000 to millions of Americans. The payments would be funded through an extra tax on some of the country’s wealthiest people.

Sanders Introduces $4.4T Tax On U.S. Billionaires To Fund Working Families

Bernie Sanders unveils a $4.4 trillion billionaire wealth tax to fund $3,000 payments, expand Medicare, and reverse Medicaid cuts.