New York, New York, USA. 29th Mar, 2026. Senator BERNIE SANDERS (VT) turns to speak to the other half of the room during the Tax The Rich rally held in the Lehman Center for the Performing Arts in the Bronx, New York. Senator Sanders proposal of a 5 percent annual wealth tax on billionaires to address income inequality is a movement gaining traction in New York and the rest of the United States. This tax aims to raise approximately .4 trillion over the next decade to support various social programs by simply taxing approximately 938 billionaires. Credit: ZUMA Press, Inc./Alamy Live News
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New York, New York, USA. 29th Mar, 2026. Senator BERNIE SANDERS (VT) turns to speak to the other half of the room during the Tax The Rich rally held in the Lehman Center for the Performing Arts in the Bronx, New York. Senator Sanders proposal of a 5 percent annual wealth tax on billionaires to address income inequality is a movement gaining traction in New York and the rest of the United States. This tax aims to raise approximately .4 trillion over the next decade to support various social programs by simply taxing approximately 938 billionaires. Credit: ZUMA Press, Inc./Alamy Live News