Rep. Ro Khanna: ‘You Have $20 Trillion in a 50-Mile Radius,’ That’s Why We Need Wealth Tax

EXCERPT:

KHANNA: “And so you have $20 trillion in a 50-mile radius that is one third of the nation's wealth. This entire stock market is about $70 trillion. And yet we have so many people in our community who cannot afford health care, cannot afford child care, can't afford a house, can't afford rent. It's just wrong for a nation which is producing this kind of wealth to have this kind of economic inequality. That's why Senator Sanders and I introduced a billionaire's tax.”