Proposal would impose 2 percent tax on households with over $50 million
Sen. Elizabeth Warren (D-Mass.) holds a news conference to announce legislation that would tax the net worth of America's wealthiest individuals at the U.S. Capitol in Washington on March 1, 2021. Chip Somodevilla/Getty Images
A top Senate Republican on Tuesday criticized an effort by Democrats to introduce a wealth tax.
“We’re fighting every day to stop these ridiculous policies,” Sen. John Barrasso (R-Wyo.), a member of the upper chamber’s GOP leadership, said on Fox Business’ “Mornings With Maria.”
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
