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While Argentina is exclusive for having handed a coronavirus-particular wealth tax to confront the present disaster, folks in different nations are clamoring for comparable measures, though most politicians have thus far opposed such efforts.
In August, Sen. Bernie Sanders and Rep. Ilhan Omar launched a Senate model and a House model of the Make Billionaires Pay Act, laws that may set up a 60% tax on the wealth will increase loved by billionaires between March 18, 2020 and January 1, 2021 so as to pay for all medical bills for each individual within the U.S. for a 12 months.
Months after Sanders and Omar launched their payments to tax a portion of the wealth amassed by U.S. billionaires through the pandemic, the Institute for Policy Studies present in late November that the nation’s 650 billionaires had collectively gained greater than $1 trillion since March, as Common Dreams reported.
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