In the past year, billionaire wealth in America has grown to $4.2 trillion, 40 percent higher than before the COVID crisis began. See it for yourself:
Warren Democrats

This pandemic crisis has kicked working people in the teeth. Millions have lost their jobs, and too many families are struggling to keep a roof over their head and food on the table.

But some people are doing better than ever.

In the past year, billionaire wealth in America has grown to $4.2 trillion, 40 percent higher than before the COVID crisis began.

Elizabeth’s plan for a wealth tax would make sure ultra-millionaires and billionaires pay their fair share to keep our country going. And it wouldn’t break the bank of any of these guys, or anyone else who has a fortune worth more than $50 million and would pay the tax.


See for yourself, by checking out this interactive visualization. You’ll see how much richer Jeff Bezos, Elon Musk, Rupert Murdoch, Mark Zuckerberg, and Jim Walton have gotten since the pandemic started — and how much they would pay under Elizabeth’s plan for a wealth tax.

The revenue from this wealth tax would raise opportunity — by expanding the caregiving economy, rebuilding infrastructure, investing in high quality k-12 education, and making public colleges and technical schools tuition-free.

It’s the right thing to do, especially now that this pandemic has devastated our economy and widened the gap between the ultra-wealthy and everyone else.

And by fighting side by side, we’ll get this done.

Thanks,

Team Warren

SEE THE DATA
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