Working Life Podcast

Episode 216: Subscribe to Working Life today! Support us @ https://www.patreon.com/WorkingLifePodcast or @ actblue.com/donate/working-life-1 The number that sticks in my mind today, and has since I heard it, is 40 percent. While over half a million people in the U.S. have died of COVID in one year, while millions of people have become sick, while millions of people have lost their jobs, savings and homes, and many people have been forced to wait in long food lines to get enough to feed their families—while all that was happening, the billionaires—the top 0.05 percent in the country, the Waltons, the Jeff Bezos’ of the world—saw their collective wealth go up 40 percent. Which is one good reason to have a wealth tax. This week, Sen. Elizabeth Warren and Rep. Pramila Jayapal rolled out an “Ultra Millionaire’s Tax”. The tax would only be on the wealthiest 100,000 households in America, or the top 0.05%, who have a net worth of $50 million, and it would raise $3 trillion over a decade. Since, and I’m just spit