<p>On Monday morning, Senator Elizabeth Warren of Massachusetts (D) proposed a new tax bill, alongside Washington Representative Pramila Jayapal (D) and Pennsylvania Representative Brendan Boyle (D), that would reportedly place a tax on &#8220;ultra-millionaire&#8221; net worths and households.</p>
<p>The legislation is co-sponsored by socialist Senator Bernie Sanders (I-VT), among others, and has similarities to Warren&#8217;s plans that she laid forth in the 2019 Democratic primary.</p>

Elizabeth Warren Proposes ‘Ultra-Millionaire’ Wealth Tax

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Elizabeth Warren Proposes ‘Ultra-Millionaire’ Wealth Tax