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Billionaires Tax Plan: Cash Payments, Healthcare Boost

Billionaires Tax Plan: Cash Payments, Healthcare Boost

Oakland News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 3, 20261m 45s

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Show Notes

Senators Bernie Sanders and Ro Khanna introduce the Make Billionaires Pay Their Fair Share Act, aiming to tax the wealth of those worth over one billion dollars. The plan, if passed, would generate four trillion dollars over ten years, funding direct cash payments, Medicare and Medicaid expansion, affordable housing, and teacher salaries. However, critics warn of potential economic downsides.

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