Detailed text transcripts for TV channel - MSNBC - 20190129:18:55:00
Affect schultz. warren would levy a 2% wealth tax on americans with assets over $50 million and a 3% wealth tax on assets above $1 billion. "washington post" reporter jeff stein calculated what this would mean for schultz and here's the math. he's currently worth about 3.4 billion. so according to forbes, the first $950 million of his assets would be taxed at 2%, bring can go government coffers about $19 million. the remaining $2.4 billion of his assets would be taxed at 3%, bringing in another $72 million. so schultz would pay $91 million alone if wealth taxes were in place with warren's plan...