Elizabeth Warren unveils new proposal: 7% tax on corporations' profits over $100 million

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Elizabeth Warren unveils new proposal: 7% tax on corporations' profits over $100 million
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Elizabeth Warren unveils new proposal: 7% tax on corporations' profits over $100 million.

Thursday, "will make our biggest and most profitable corporations pay more and ensure that none of them can ever make billions and pay zero taxes again."

The goal of the new tax would prevent companies with profits over $100 million from zeroing out their tax liabilities. Sen. Elizabeth Warren speaks during the North American Building Trades Unions Conference, April 10, 2019, in Washington, D.C.

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