Democrats debate ‘billionaires tax’ to help pay for Biden’s sweeping agenda

U.S. senators depart after meeting with White House officials on Capitol Hill in Washington
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

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.