Does America have a wealth tax? It brought together 78 billion people out of 100

The richest 100 Americans will have to provide more than $ 78 billion in personal wealth under the wealth tax proposed by Democratic Senator Elizabeth Warren and other lawmakers on Monday.

The bill, called the Super Millionaire Tax Act, would require families with net worth over $ 50 million to pay a tax of 2% of their wealth per year, as well as an additional 1% tax on wealth in excess. $ 1 billion. Progress is unlikely to be made on Warren’s proposal in a divided Congress.

Under this, Jeff Bezos, the richest person in the world, will have to pay an additional tax of at least $ 5.4 billion in 2021 if the bill is approved, while Elon Musk will pay 5.2. billion dollars, according to Bloomberg analysis. by the German press agency.

It would cost Bill Gates an additional $ 4 billion and Mark Zuckerberg would have to pay over $ 2.9 billion to meet his tax obligations.

And Warren said the wealth tax she proposed to impose on families with wealth over $ 50 million could help boost investment in infrastructure, child care and health reforms in the city. part of President Joe Biden’s plan to “build back better” after the coronavirus pandemic that affected low-income families as a result.