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Unless we reduce skyrocketing wealth and income inequality, the United States will be well on its way toward becoming an oligarchic form of society where almost all power rests with the billionaire class.

More than a century ago, President Theodore Roosevelt recognized the danger of massive wealth and income inequality and what it meant to the economic and political well-being of the country. In addition to busting up the big trusts of his time, he fought for the creation of a progressive estate tax to reduce the enormous concentration of wealth that existed during the Gilded Age.

A progressive estate tax on multi-millionaires and billionaires is the fairest way to reduce wealth inequality and to help invest in a Medicare-for-all plan to guarantee health care as a right, not a privilege.
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