Bernie Sanders is unveiling a 5% billionaire wealth tax that would fund $3,000 checks for many Americans

Sen. Bernie Sanders and Rep. Ro Khanna unveiled the wealth tax proposal on Monday. Benjamin Fanjoy/Getty Images Sen. Bernie Sanders and Rep. Ro Khanna unveiled a billionaire wealth tax proposal on Monday. Under the plan, America's roughly 1,000 billionaires would see a 5% tax on their wealth. Some of that money would pay for $3,000 checks for people in households making less than $150,000. Bernie Sanders has a plan to tax the wealthiest people in America — and use it to send checks to Ameri...