Warren's Wealth Tax Will Hurt All Americans
April 1, 2026·about 2 hours ago·via New York Post
Sen. Elizabeth Warren pushes her Ultra-Millionaire Tax Act, slapping a 2% annual tax on households worth over $50 million and 3% on billionaires, with a 40% exit tax to trap the rich here. Backed by Jayapal and over 45 Democrats, it promises $6.2 trillion over a decade for socialist handouts like free childcare and Medicare for 55-year-olds, but ignores how it chokes investment and shrinks GDP by up to 1.2% by 2050. Read more about this...