New York (CNN Business) – Senate Democrat Elizabeth Warren is sending a battle call to persuade Washington to return its bill to the ultra-millionaires, in addition to agreeing to Treasury Secretary of his party.
Janet Yellen,’n vreemdeling Warren praised this year as a “sovereign election” to direct the Department of Treasury, as a tax on wealth is so complicated to implement.
“Reconcile Janet and you no longer have to talk about implementation”, says Warren and CNN Business el lunes paint the presentation of Ley de Impuestos and Ultramillonarios.
Elizabeth Warren
The budget project will raise 3 trillion dollars to rebuild the economy and combat the inequality through the 2% annual tax on net worth of hogares and fiduciaries of between 50 million and millions of dollars. The multimillionaires are being taxed at a rate of 3%.
“We will design this tax on the underlying assets in the experiences of other countries that will create a tax on the assets and will always be successful,” Warren said in the interview. “We will make sure the errors and adjustments are adjusted.”
US $ 100,000 million for IRS fraud against tax evaders
The critics argue that the richness will seriously undermine a challenge, if not unconstitutional. In particular, hooi preoccupations about como value the assets and avoid the second-hand money in the extranjero
Yellen, the executive director of the Federal Reserve, said last week at a DealBook conference that he is not planning a taxpayer’s inheritance like Warren’s because “there are some very complicated implementation issues.”
“The double-minded people: ‘Well, the rich have trampled on, so that no one should intend to use a tax on their heritage’ ‘, said Warren. “But if the risks are trampled on, it does not mean that we simply give up and make sure that we pay taxes on the most important things that we do.” This means that we must contract more agents of the law and make sure that the rules are signed ».
The tax on Warren’s patrimony has ten days.
The legislation has a 30% incorporated audit case, which means that each case has a third of all seriously audited families. The draft law calls for an increase in the US Internal Revenue Service (IRS) in US dollars of US $ 100,000 million to develop the agency’s audit capacity and modernize information technology systems.
Warren’s plan also proposes a 40% “health bag” on net worth of US $ 50 million from any citizen who donates to his city to avoid paying the tax.
“Once the tax has been implemented on the heritage, it is very difficult to monitor it for years to come.” “If it had already been the owner of a real estate property, it would have been better if it had been owned by the same property or had much money in the sale of a property,” said Warren.
Equidad in the tributary system
When President Joe Biden took the floor, Jen Psaki, secretary of the press office of the White House, said during a press conference that Biden’s “creates companies like the ultra-millionaires and corporations. necesitan finally start to pay it right ».
«He presented many ideas and when we read them at this point in our agenda, he was anxious to work with [Warren] y otros en el Congreso », dijo Psaki.
In other words, Casa Blanca has no descriptions.
Last year, 99% of lower-income people paid 7.2% of their total wealth on taxes, according to Warren. Without embargo, the decimal part of 1% in the superior part pays only the 3.2% of its assets in taxes.
Warren said he had a bipartisan support among voters in favor of a wealth tax, including a Independent and Republican Mayor.
“They contain the injusto that is the actual system”, dijo.
The minimum wage is US $ 15
Warren also filed a motion for annulment in the Senate’s parliament by maintaining a minimum wage increase of US $ 15 on the covid aid package. His move has not been used since 1975 and has been forced to reduce support among moderate Democrats like Senator Joe Manchin.
“My allegory will make the minimum wage through conciliation work,” Warren said, referring to the prescriptive process that requires only a simple Mayor to approve. «Y lucharé por eso».
When it comes to Manchin’s actions and other moderates opposing popular media such as the minimum wage of US $ 15, Warren is centered on the points of agreement of the Democrats.
“Democrats want the minimum wage to increase,” he said. “We need to talk more about what exactly is the level and how to do it.” But we want to keep the minimum wage ».