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Bernie Sanders Net Worth as Senator Pushes for Billionaire Tax

Bernie Sanders Net Worth as Senator Pushes for Billionaire Tax

Summary

Senator Bernie Sanders is backing a proposal in California to tax billionaires. The proposal aims to put a one-time 5% tax on billionaires to fund public services. There's a debate among Democrats about this proposal, with some supporting it and others concerned it might harm the state.

Key Facts

  • Bernie Sanders supports a California proposal to tax billionaires.
  • The tax would be a one-time 5% charge on California billionaires.
  • Supporters say the tax could fund healthcare services.
  • Opponents worry it could lead billionaires to leave the state.
  • Sanders is not a billionaire and has defended his estimated $2.5 million net worth.
  • California Governor Gavin Newsom opposes the tax, labeling it harmful.
  • Representative Ro Khanna is seeking a compromise on the proposal.
  • A recent poll showed 60% of Californian voters initially support the tax.
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