By Allison Morrow, CNN Business The world's wealthiest people, whose fortunes already strained comprehension, collectively gained $1 trillion last year,
The world s 500 richest people became $1 trillion richer last year localnews8.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from localnews8.com Daily Mail and Mail on Sunday newspapers.
To help pay for his big economic and social agenda, President Joe Biden is looking to go where the big money is: billionaires. Biden has vowed that his programs will not add a penny to the deficit, which means selling to Congress and voters a tax on the wealthiest. 0005% of Americans. This new tax would apply solely to people with at least $1 billion in assets or $100.