CNN tells us that while we proles cannot have $15 Amers/hr, we might be able to get our pound of flesh elsewhere:
Sen. Elizabeth Warren, Washington Rep. Pramila Jayapal and Pennsylvania Rep. Brendan Boyle want the ultra-wealthy to pay for it.
The three Democrats unveiled the Ultra-Millionaire Tax Act on Monday morning. It would levy a 2% annual tax on the net worth of households and trusts between $50 million and $1 billion as well as a 1% annual surtax on assets above $1 billion, for a 3% tax overall on billionaires.
I’m totally for this, and seriously Jeff Bezos probably leaves whatever this tax burden will be in his coat pockets when sending out the dry cleaning. Elon Musk might have to shoot one less Tesla Roadster into space from his private rocket for publicity this year, and Mark Faceberg maybe will have to built this year’s villain’s lair on a smaller island, but all of ’em are never going to worry about buying the next bottle of Bollinger.
Go Senatore-Professor Warren, go!