The lie begins...assets being conflated with income.
- Rep. Tom Suozzi's 'patriot tax' would levy a 2.5% charge on wealth above $50 million
- Above $100 million, the rate would be 5%, raising about $450 billion
- Amazon founder Jeff Bezos would face one-off payment of more than $9 billion
- Tesla founder Elon Musk would have to pay more than $7 billion
- It comes after report revealed how wealthiest Americans pay lower rate of income tax than ordinary working families
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