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Sen. Elizabeth Warren is proposing a new tax on Americans with assets of $50 million or more as part of a bold new initiative to reverse the increasing concentration of wealth among the country's richest households.
According to documents provided by Warren's presidential campaign, the plan would impose a 2% tax on Americans whose net worth exceeds $50 million, with an additional 1% levy on billionaires. It does not specifically address marginal tax rates.
https://www.cnn.com/2019/01/24/politics/elizabeth-warren-2020-tax-plan-50-million-assets/index.html
I hate to break it to Senator Warren but we already have two wealth taxes in our country: Property and capital gains.