Latest Breaking News On - வரி நேர்மை - Page 30 : comparemela.com

To Renew Our Democracy, We Need to Tax the Ultrarich Sen. Elizabeth Warren conducts a news conference in the Capitol to introduce the Ultra-Millionaire Tax Act on March 1, 2021. The act would tax high net-worth households. Tom Williams / CQ-Roll Call, Inc via Getty Images By Sen. Elizabeth Warren and Rep. Pramila Jayapal’s Ultra-Millionaire Tax Act of 2021, introduced March 1, could not be a more timely reminder that the United States needs serious policy changes to address massive wealth and income inequality. While eight million Americans slipped into poverty and half a million lives were lost to Covid-19 since the beginning of the pandemic all with a disproportionately large impact on communities of color the wealth of U.S. billionaires almost doubled, up $1.3 trillion. At this rate, it would take five more months for the wealth of the richest Americans to match the $1.9 trillion relief package put forward by the Biden administration.

New yorkUnited statesWarren buffettMichael bloombergBarack obamaElizabeth warrenStephen schwarzmanUs supreme court justice louis brandeisInstitute for policyPramila jayapalUltra millionaire tax actCourt justice louis brandeisWall streetFinancial reformTax fairnessUltra millionaire wealth tax