The proposed law is expected to raise $1.2 trillion in tax revenue over a decade by closing the “tax gap” between what the richest Americans owe and what they’re paying. Source: https://www.bizjournals.com/sanjose/news/2021/02/26/why-a-silicon-valley-lawmaker-s-proposed-law-could.html?ana=brss_2152
Rep. Ro Khanna has proposed a law that would require regular audits of the wealthiest individuals and corporations
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