Sen. Elizabeth Warren (D-MA) on Tuesday reintroduced her 'Ultra-Millionaire' Tax Act, by which the government would confiscate 2% from households worth between $50 million and $1 billion, and 3% on households worth over $1 billion.
Reps. Pramila Jayapal (D-WA) and Brendan Boyle (D-PA) have introduced a companion bill in the House.
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