Bernie Sanders calls for 5% wealth tax on billionaires to reduce inequality
Bernie Sanders proposes a 5% wealth tax on America's 938 billionaires, aiming to raise $4.4 trillion over ten years for public funding. He highlights the growing wealth inequality, noting that the top 1% owns more than the bottom 93%, with Elon Musk's wealth surpassing that of 53% of American households. The concentration of wealth and corporate power continues to escalate, according to Sanders.
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