,
3 tweets,
1 min read
Read on Twitter
The rich & powerful run Washington. Here’s one benefit they wrote for themselves: After making a killing from the economy they’ve rigged, they don't pay taxes on that accumulated wealth. It’s a system that’s rigged for the top if I ever saw one.
We need structural change. That’s why I’m proposing something brand new – an annual tax on the wealth of the richest Americans. I’m calling it the “Ultra-Millionaire Tax" & it applies to that tippy top 0.1% – those with a net worth of over $50M.
It would make the ultra-rich pay their fair share & generate nearly $3 trillion over the next 10 years. A lot of rich and powerful people won’t like it – but I don’t work for them. Sign our petition if you agree: It’s time to tax the wealth of the top 0.1% my.elizabethwarren.com/page/s/ew-weal…
