Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks throughout a city corridor occasion September 19, 2019 in Iowa Metropolis, Iowa.
Joshua Lott | Getty Photographs
Presidential contender Elizabeth Warren infuriated America’s wealthiest people when she unveiled her wealth tax proposal earlier this year, which might tax them Three cents on each greenback over $1 billion in web price.
Now, searching for to pay for an overhaul of the nation’s health-care system, she’s calling on them to pitch in a bit extra.
The Massachusetts senator on Friday referred to as for a doubling of her billionaire wealth tax as a part of a brand new “Medicare for All” proposal, from 3% to six% on wealth over 10 figures.
Warren’s wealth tax proposal would additionally impose a 2% tax on web price between $50 million and $1 billion. She has beforehand mentioned that it will be used to fund her formidable local weather agenda, a slate of investments in little one care and reductions in scholar mortgage debt.