Make Billionaires Pay Their Fair Share Act
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Alignment with your views
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Summary
This bill would impose an annual 5 percent wealth tax on individuals and trusts with net assets exceeding $1 billion, adjusted annually for inflation. The bill establishes valuation rules, enforcement mechanisms, and a wealth registry to track taxable assets. Revenue from the wealth tax would fund expansions to Medicare (dental, hearing, and vision coverage), increases in premium tax credits, a housing trust fund, affordable child care, teacher salary increases, and home and community-based services for long-term care.
Values analysis
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How your representatives voted
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