A top Senate Republican on Tuesday criticized an effort by Democrats to introduce a wealth tax. “We’re fighting every day to stop these ridiculous policies,” Sen. John Barrasso (R-Wyo.), a member of the upper chamber’s GOP leadership, said on Fox Business’ “Mornings With Maria.” “They’re not just radical and extreme; they’re dangerous and they are scary. What Elizabeth Warren is talking about is not just raising taxes, she’s talking about actually going out there and confiscating wealth, money that people have already earned and paid taxes on. So it’s tax raises on steroids. This is awful,” he added. Sen. Elizabeth Warren (D-Mass.) and Reps. Pramila Jayapal (D-Wash.) and Brendan Boyle (D-Pa.) on Monday unveiled legislation that would require American households and trusts valued at between $50 million and $1 billion to pay a 2 percent annual tax. All fortunes valued over $1 billion would be hit with a 3 percent annual …
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