Who Would Benefit From Bernie Sanders' Wealth Tax on Billionaires?

Who would benefit from Bernie Sanders' wealth tax on billionaires?

The 5% annual wealth tax on billionaires expands upon proposed legislation in California, backed by a health care labor union.

Bernie Sanders' $3,000 Payment Plan: Who Qualifies And How It Would Work

While the exodus of billionaires from California continues amid fears of a wealth tax in the Golden State, Senator Bernie Sanders and Democratic representative Ro Khanna of California floated the 'Make Billionaires Pay Their Fair Share Act' to levy a new 5% wealth tax on all 938 billionaires across the US. A 5% tax on these billionaires for redistribution among the masses could positively impact 90% of Americans, according to Sanders. He believe…