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"This country has the productive capacity to let people like me live extraordinarily well — or sports stars, or entertainment stars, all kinds of good managers — and still make sure that nobody is really left [behind]," Berkshire Hathaway chairman Warren Buffett told Yahoo Finance.

Warren Buffett: Billionaires don’t have ‘some diabolical plot’ to hoard the country’s wealth — but we still need to rais...

Warren Buffett believes expanded tax credits for working Americans and higher taxes for the 1% are what's needed to close the country's wealth gap.
A passer-by gives money to a homeless woman as both use face masks in Honduras.

The IMF says governments should consider new wealth taxes to raise cash from the rich as coronavirus slams the global economy

In recent years, the IMF has shifted its focus from tax cuts and recommended policies aimed at reducing income inequality.
If Bernie Sanders became president, Bloomberg's annual tax bill would be $4.7 billion.

Mike Bloomberg would save nearly $4 billion on his tax bill under Joe Biden’s proposed plan compared to the ‘tax on extreme wealth’ ...

Mike Bloomberg endorsed Joe Biden over Bernie Sanders after withdrawing his own presidential bid on Wednesday. His campaign cost over $500 million.
Democratic presidential hopeful Senator Elizabeth Warren speaks at Exeter High School in Exeter, New Hampshire during a campaign stop town hall in November 11, 2019.

Here are 3 previously unthinkable ideas Elizabeth Warren thrust into the mainstream before ending her presidential campaign

She thrust the wealth tax, student debt reduction, and universal childcare into the political mainstream with a campaign defined by progressive plans.
Amazon CEO Jeff Bezos.

Here’s how much poorer America’s 10 richest billionaires would be under a moderate wealth tax like the one Elizabeth Warren proposed

Jeff Bezos would no longer be the richest person alive if the US had a wealth tax — and Mike Bloomberg's net worth would be reduced by more than half.
Bloomberg, Warren, and Sanders all have differing views on how to address America's widening wealth gap.

Bloomberg’s ‘tax on the very rich’ isn’t actually a wealth tax like the ones Warren and Sanders have proposed. Here’s ho...

Warren sees her wealth tax raising $2.75 trillion in a decade; Sanders sees raising $4.35 trillion. And Bloomberg doesn't want to tax wealth at all.
Sheldon Adelson and Elizabeth Warren

Elizabeth Warren bought a full-page ad in a GOP billionaire’s newspaper so she could taunt him about the $2.3 billion he’d pay under year ...

Warren made the provocative ad buy in a newspaper owned by Sheldon Adelson, a billionaire and Republican megadonor who staunchly supports Trump.
A person is stunned to find out the richest Americans have a disproportionate share of wealth.

‘It’s very sad’: A viral video uses slices of pie to show how $98 trillion of American wealth is actually distributed

People were stunned to see how many slices went to the wealthiest one percent of Americans, and very few to everyone else.

Wall Street is more terrified of an Elizabeth Warren presidency than previously thought, new report finds

Barclays drew up five reports that assessed a largely negative impact from a Warren presidency on many economic and financial sectors.

A growing number of Americans believe the government should tackle economic inequality instead of illegal immigration, new poll finds

Pew found 42% of Americans said cutting inequality should be a top federal priority, above the 39% identifying illegal immigration as a problem.