Explore Bernie Sanders' clash with the Jeff Bezos-owned Washington Post over a proposed 5% wealth tax on billionaires, igniting a heated debate on wealth redistribution and the future of American capitalism.
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The Washington Post editorial board shocked the internet by vigorously thwacking the nutty socialist tax proposals by one of the left's most radical icons in Congress: Sen. Bernie Sanders (I-VT).
The proposed bill would cut the average billionaire's fortune down in half over 15 years.
Progressive lawmakers Bernie Sanders and Ro Khanna unveil a 5% annual wealth tax on billionaires' assets exceeding $1 billion to fundamentally reshape America's current tax system.
A 5 percent annual wealth tax on America's billionaires aims to halve their wealth.
The tax revenue could result in direct payments to Americans making less than $150,000 a year.
Make billionaires pay their fair share act would apply to those with a net worth of $1bn or more ...
The billionaire tax legislation would impose a 5% annual wealth tax on just under 1,000 of the wealthiest people in the country.
Elected Democrats rarely limit tax increases to wealthy families once in office.
Lawmakers from Sanders to Mark Kelly offer mixed feelings on Trump's action and killing of Iranian supreme leader ...