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Abigail Disney Will Testify on Elizabeth Warren s Wealth Tax

Monica Schipper/Getty Images for The New York Women s Foundation Abigail Disney will testify at Sen. Elizabeth Warren s hearing next week on the US tax system. This comes after billionaire Leon Cooperman rejected Warren s invite, calling it disingenuous. Disney has advocated for a wealth tax and was among a group of 19 ultrawealthy Americans calling for its support. After billionaire Leon Cooperman rejected Sen. Elizabeth Warren s invitation to testify on her proposed wealth tax, philanthropist Abigail Disney accepted the opportunity to speak about the tax system. Warren is holding a hearing next week, called Creating Opportunity Through a Fairer Tax System, where she will discuss her wealth tax proposal, which would enact additional taxes on households with net worths of $50 million and above. Warren invited Cooperman one of her most vocal critics to testify, but he rejected the invitation, calling it self-serving and disingenuous.

On The Money: Fed will allow COVID-19 capital requirement exemption to lapse | Study: Climate change could reduce more than 60 countries credit ratings

On The Money: Fed will allow COVID-19 capital requirement exemption to lapse | Study: Climate change could reduce more than 60 countries credit ratings
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