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The Ultra-Millionaire Tax Act would produce at least $3 trillion dollars in revenue to fund child care, education, infrastructure, & critical resources to support our communities. Proud to support this effort by @SenWarren  & @RepJayapal . Let’s get this done.

I'm also a co-sponsor of the Ultra-Millionaire Tax Act, which would raise taxes on people with a net worth over $50 million. Only the top 0.05% of people would see their taxes raised while bringing in over $3 trillion in tax revenue over the next decade.

Jeff Bezos would owe $5.7 billion in taxes for 2020 under the Ultra-Millionaire Tax Act.

This is the backdrop for the wealth tax introduced by @SenWarren  last week. And economists say the Ultra-Millionaire Tax Act could raise $3 trillion in 10 years:

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US billionaires would have paid a combined $114 billion under Sen. Elizabeth Warren’s proposed "ultra-millionaire" tax last year. Here’s how much Jeff Bezos, Elon Musk, Bill Gates, and Mark Zuckerberg would pay. 💰

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Democratic lawmakers are proposing an Ultra-Millionaire Tax that could bring in at least $3 trillion in revenue over 10 years. It would put a 2% annual tax on the net worth of households and trusts between $50 million and $1 billion.

Sen. Elizabeth Warren, Sen. Bernie Sanders and other Democrats propose a 3% wealth tax on billionaires. Here's what you need to know about the Ultra-Millionaire Tax Act.

The big problem with Elizabeth Warren and Bernie Sanders’ new ‘ultra-millionaire tax’ proposal

The big problem with Elizabeth Warren and Bernie Sanders’ new ‘ultra-millionaire tax’ proposal | Jay Caruso

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About 100,000 American families would be subject to the Ultra-Millionaire Tax Act, which would raise around $3 trillion over a decade, according to an analysis provided by the lawmakers who sponsored the bill.

Jeff Bezos would owe $5,700,000,000 in taxes for 2020 under the Ultra-Millionaire Tax Act proposed by Sen. Sanders and a group of Senate and House Democrats. - @CNBC 

Jeff Bezos would owe $5,700,000,000 in taxes for 2020 under the Ultra-Millionaire Tax Act proposed by Sen. Sanders and a group of Senate and House Democrats. - @CNBC 

About 100,000 American families would be subject to the Ultra-Millionaire Tax Act, which would raise around $3 trillion over a decade, according to an analysis provided by the lawmakers who sponsored the bill.

A good idea worth broad support: The Ultra-Millionaire Tax Act would raise ** $3 trillion ** over 10 years from the richest 100,000 households (0.05%), without raising taxes on the 99.95% with under $50 million of wealth.

Jeff Bezos would owe $5,700,000,000 in taxes for 2020 under the Ultra-Millionaire Tax Act proposed by Sen. Sanders and a group of Senate and House Democrats. - @CNBC 

“The president strongly believes that the ultra-wealthy and corporations need to finally start paying their fair share.” @PressSecPsaki  shares Biden’s vi @SenWarrenw  on ’s proposed “ultra-millionaire” tax

No other candidate is even close to ⁦⁦⁦⁦⁩ in smart policy ideas. This one is her best. I hope the other candidates are all asked what they think of it. The ultra-millionaire tax kicks in at $50m net worth and raises $2.7 TRILLION.

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