Sanders proposes wealth tax, setting up clash with Warren
WASHINGTON (AP) ” Bernie Sanders has unveiled a plan to tax the nation’s top earners that he says will generate $4 trillion-plus over the next decade. It’s his version of fellow Democratic presidential rival Elizabeth Warren’s signature issue.Sanders wants a 1% levy on households worth over $32 million. His proposed tax rate would increase for wealthier people, up to 8% for $10-plus billion fortunes.Warren, a Massachusetts senator, has promised a 2% wealth tax on households […]
