Democrat Proposes Wealth Tax on Billionaires
Senator Chris Van Hollen and other Democrats have proposed a new tax targeting the income of millionaires. Democrat Graham Plattner is proposing a wealth tax targeting individuals with assets exceeding $1 billion. The proposed tax would levy a rate of 5-6% on such wealth. Implementation of the tax could potentially generate $4 trillion for the treasury over many years.
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Sources · 7 independent
Radio Svoboda
“Сенатор Крис Ван Холлен с другими демократами предлагает дополнительный налог на доходы миллионеров, процент.”
Radio Svoboda UA
“Graham Plattner is proposing a tax on the super-rich, but it is 5-6% of their billion-dollar wealth. This could bring in 4 trillion over many years.”
Radio Svoboda UA
“нова і неочевидна звезда демократів Гремплатнер пропонують налог на сверхбагатих, але це 5-6% на состояние свишого мільярда. І це якби може принести казні 4 тріліона”
Radio Svoboda UA
“Graham Plattner proposes a tax on the super-rich, but it is 5-6% on the wealth of a billion. This could bring 4 trillion to the treasury over many years.”
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