On the recordApril 26, 2021
If enacted, the law would generally impose an annual 2 percent wealth tax on the net value of a taxpayer's total assets above $50 million.
Source
congress.govElizabeth Warren: “If enacted, the law would generally impose an annual 2 percent wealth tax on the net value of a taxpayer's total assets…”
Editor's note · Context
Warren's proposed wealth tax targets ultra-millionaires with significant assets.
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