Warren proposes 'ultra-millionaire tax' as part of 2020 bid

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WASHINGTON (AP) ” Sen. Elizabeth Warren is proposing a so-called ultra-millionaire tax as she vies for the 2020 Democratic presidential nomination.According to two economists advising her presidential campaign on the plan, the tax would hit an estimated 75,000 of the wealthiest American households.The new tax plan released Thursday by the Massachusetts Democrat would impose a new 2 percent fee annually on American households’ net worth greater than $50 million.The […]

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