Bernie Sanders urges 5% wealth tax on billionaires

Senator Bernie Sanders wrote a Guardian op-ed calling for a 5% wealth tax on America’s 938 billionaires. He says the levy would raise about $4.4 trillion over ten years to fund public programs and reduce inequality. Sanders framed the proposal as a direct challenge to concentrated wealth and national spending priorities. The plan sharpens the national debate over taxation, inequality, and Democratic policy ahead of 2028.