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Sanders proposes $4.4 trillion tax on billionaires

by LJ News Opinions
March 3, 2026
in Business
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Sen. Bernie Sanders (I-Vt.) has teamed up with Rep. Ro Khanna (D-Calif.) to propose a 5 percent annual wealth tax on the nation’s billionaires that would raise an estimated $4.4 trillion over the next decade to help “working families” cope with higher living costs. The tax hike would apply to 938 billionaires in the U.S.,…

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