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Warren Revives Tax-The-Rich Proposal

Senator Elizabeth Warren is reviving her proposal to impose a wealth tax on the richest Americans. 

The Massachusetts Democrat told reporters a wealth tax is long overdue and would generate more revenue and opportunity. 

She is introducing legislation that would apply a tax on those worth more than 50 million dollars. 

Warren argued that the "wealth of the billionaire class in America increased by more than a trillion dollars over the last year."

Photo: Getty Images


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