Elizabeth Warren is leading the charge for a wealth tax on the ultrarich

Elizabeth Warren and others on progressive Left reintroduce ‘ultra-millionaires’ tax. Warren reintroduced legislation to rake in trillions of dollars in tax revenue by targeting “ultra millionaires” worth more than $50 million. Warren wants to raise trillions of pounds of tax revenue.

Elizabeth Warren leads renewed charge for wealth tax on ultrarich. A group of progressive Democrats in Congress has reintroduced legislation that would impose a 3% tax. The legislation would impose the tax on people making more than $1 billion. Elizabeth Warren: "It's time for a tax on the rich and powerful to raise the money"

The Apportionment Clause forbids a direct tax on wealth. Expanding the 16th Amendment would not only allow such a tax but abolish slavery’s last remnant in the US Constitution as well.