Wednesday, March 4, 2026

Bernie Sanders and Ro Khanna propose bill to impose wealth tax on billionaires

"In its first year, the bill would provide a $3,000 direct payment to every man, woman and child in a household making $150,000 or less – $12,000 for a family of four – and use the estimated $4.4tn in revenue raised over the next decade to address the most pressing crises facing working families," per the press release. 

In addition, the lawmakers said that the bill would use revenue from the wealth tax to expand medicare to cover dental, vision and hearing for millions of seniors, build, rehabilitate and preserve over 7m affordable homes, and more...

https://www.theguardian.com/us-news/2026/mar/02/bernie-sanders-ro-khanna-billionaires-wealth-tax-bill


 

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