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Elizabeth Warren plans to introduce wealth tax


A wealth tax would target the value of accumulated assets owned by rich Americans

By Brittany De Lea


Massachusetts Sen. Elizabeth Warren, D-Mass., plans to reignite calls for a wealth tax targeting the nation’s richest individuals and families.

Warren’s office said the progressive Democrat plans to introduce legislation calling for a wealth tax on fortunes valued at more than $50 million as she joins the Senate Finance Committee in the 117th Congress.

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