Sanders would use wealth tax for universal child care, pre-K

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Democratic presidential candidate Sen. Bernie Sanders, I-Vt., speaks during a Democratic presidential primary debate Wednesday, Feb. 19, 2020, in Las Vegas, hosted by NBC News and MSNBC. (AP Photo/John Locher)

WASHINGTON (AP) – Bernie Sanders has joined fellow progressive Elizabeth Warren in proposing that a “wealth tax” can finance government-funded child care from infancy through age 3, then provide universal pre-kindergarten after that.

Fresh off his win in Nevada, the Vermont senator called the nation’s child care and early education “an international embarrassment” while unveiling a plan Monday he said would fix it. His proposal would provide a minimum of 10 hours of daily child care. Sanders previously proposed an annual wealth tax starting at 1% on households worth $32 million or more and increasing to 8% on fortunes of at least $10 billion. Warren’s signature wealth tax, which kicks in on fortunes worth $50-plus million and would also fund universal child care.

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