This story is a partnership between the Center for Public Integrity, a newsroom that investigates inequality, and Bloomberg Tax, a news organization that provides legal and regulatory information for tax professionals and their advisers.
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Operation Deimos
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From
itep
With the onslaught of news about billionaire wealth soaring while low- and moderate-income families have trouble making ends meet, a federal wealth tax makes good economic and fiscal sense—and the public supports it. 
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“The tax cuts enacted since 2000 have been enormously costly and have mostly benefited those who are least in need of help,” said Steve Wamhoff, director of federal policy at ITEP and the lead author of the analysis. “For example, the richest 1 percent received more benefits than the bottom 60 percent. It’s worth asking whether this is the result most Americans wanted from their lawmakers.”
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"As someone who has enjoyed the benefits of wealth my whole life I know how skewed our economy is and I cannot continue to sit back and wait for someone, somewhere, to do something," [...]...
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Senator Warren unveiled a new proposal on Monday that would tax wealthy Americans with a net worth upward of $50 million.
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