By Erik Wasson Bloomberg 1 Mar 2021 -- "Senator Elizabeth Warren, joined by Representatives Pramila Jayapal and Brendan Boyle, proposed a new wealth tax on households with a net worth of more than $50 million. The lawmakers said Monday the new tax, dubbed the Ultra-Millionaire Tax Act, would create a “fairer” economy with a 2% annual tax on households and trusts valued at between $50 million and $1 billion. All net worth over $1 billion would be taxed at 3%. [...] Democrats are planning to use special budget reconciliation procedures to pass a bill with a simple majority later in the year that will include parts of a massive infrastructure package. At that point, taxes to pay for the build out would be on the table. And under Senate rules, tax increases generally are allowed in budget bills. The bill’s co-sponsors include Budget Chairman Bernie Sanders of Vermont, Sheldon Whitehouse of Rhode Island, Jeff Merkley of Oregon, Kirsten Gillibrand of New York, Brian Schatz of Hawaii, Ed Markey of Massachusetts and Mazie Hirono, also of Hawaii. Jayapal is from Washington State, and Boyle is from Pennsylvania."

 Online carry, aljazeera.com

Some have consciences in DC - distinctly a minority, and then only among Democrats who resist poisoning by dark money. At a fifty million buck beginning cutoff, would the wealth tax hit Joe Biden's brother?