“Make the wealthiest families and largest corporations pay their fair share by taxing extreme wealth to reverse income and wealth inequality.”
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On March 2, 2026, Sanders and Rep. Ro Khanna introduced the Make Billionaires Pay Their Fair Share Act, establishing a 5% annual wealth tax on the roughly 938 U.S. billionaires, and he continued to promote his For the 99.8% estate-tax bill. He personally led and sponsored this signature tax-the-wealthy legislation, but with Republican control of Congress it had no realistic path and was not enacted through 2026-07-16.
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