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Sanderss wealth tax would begin with a 1 percent tax on net worth above 32 million for a married couple rising to 2 percent once net worth reaches 50 million.

Love me lil wayne cover. Sanders of vermont would create an annual tax that would apply to households with a net worth above 32 million about 180000 households in total or about the top 01 percent according. The tax rate would increase to 2 percent on net worth from 50 to 250 million 3 percent from 250 to 500 million 4 percent from 500 million to 1 billion 5 percent from 1 to 25 billion 6 percent from 25 to 5 billion 7 percent from 5 to 10 billion and 8 percent on wealth over 10 billion. Bernie sanders explains why hes a millionaire in other words a 1 tax would be placed on a net worth of over 32 million a 2 tax would be placed.

Last summer forbes placed sanderss worth at 25 million while politico reported it was a little under 2 million. Recent estimates place bernie sanderss net worth just under 2 million. Sanders campaign said his wealth tax would slash us.

Warrens wealth tax begins with 2 on households worth 50 million or more. The tax returns show bernie sanders and his wife jane earned more than 1 million in total income in 2016 and 2017. Billionaires wealth in half in 15 years which would.

The returns show sanders and his wife jane earned more than 1 million in total income in 2016 and 2017.

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