CNBCのインスタグラム(cnbc) - 1月26日 12時25分

Elizabeth Warren announced her proposed wealth tax on Twitter Thursday, calling it the "Ultra-Millionaire Tax." The annual tax could raise $2.75 trillion in over 10 years and is projected to apply to less than .1% of U.S. households.

Warren’s plan would also try to counter tax evasion by boosting funding for the IRS, and by levying a one-time tax penalty on people with more than $50 million who try to renounce their U.S. citizenship. It would also require that a certain number of people who pay the wealth tax be subject to annual audits.

This isn’t the first time a proposed tax on the rich has been in recent news. In Davos earlier this week, many affluent investors and executives spoke about Congresswoman Alexandria Ocasio-Cortez’s proposal for a 70% marginal rate on income above $10 million. The difference is while Ocasio-Cortez’s plan is a tax on income, Warren’s proposal would tax wealth.

In America, wealth inequality is greater than income inequality.

You can read more on Elizabeth Warren’s proposal, at the link in bio. *
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#warren #elizabethwarren #trump #trumpadministration #politics #president #election #economy #wealth #rich #money #lowincome #poor #tax #taxes #taxation #inequality #ocasiocortez #senate #senator #cnbc

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