U.S. Senator Bernie Sanders (I-VT) speaks to reporters after a meeting with White House officials at the U.S. Capitol, October 27, 2021. REUTERS/Elizabeth Frantz
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By Richard Cowan and David Morgan
The top Democratic tax writer in the U.S. Senate on Wednesday unveiled a plan to tax billionaires’ assets to help pay for President Joe Biden’s social and climate-change agenda, but it was unclear whether it had enough support to become law.
Democrats debate ‘billionaires tax’ to help pay for Biden’s sweeping agenda