Bernie Sanders Pushes Vast Expansion of Estate Tax

Senator Bernie Sanders. CREDIT: Tim Pierce

(From Politico)

Sen. Bernie Sanders, on the cusp of a likely campaign for president, introduced legislation Thursday to vastly expand the reach of the federal estate tax.

His bill would raise $2.2 trillion by applying the tax to the riches of “the top 0.02 percent of Americans,” according to Sanders’ office.

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