Billionaires, Wealth Tax, Arts & Culture, BI Select, Elizabeth Warren,

Wealth tax explainer: Why Elizabeth Warren and billionaires like George Soros alike are calling for a specialized tax on the ultra-wealthy

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MANDEL NGAN/AFP/Getty Images A wealth tax would make ultra-wealthy Americans pay the federal government a small percentage of their net worth each year. Presidential candidates, tax experts, and billionaires alike have said the revenue from a wealth tax could be used to fight climate change and repair the country’s infrastructure — if the IRS can […]

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