Sen. Bernie Sanders (I-Vt.) is out with a sweeping new wealth tax proposal that goes a step further than that of Sen. Elizabeth Warren (D-Mass.)

Sanders Tuesday unveiled a proposed annual wealth tax that would apply to the approximately 180,000 households with a net worth above $32 million, The New York Times reports. For comparison, Warren's proposed wealth tax applies to the approximately 70,000 households with a net worth above $50 million.

Under Sanders' plan, a 1 percent tax would apply to net worth between $32 million and $50 million; that number would increase up to 8 percent for net worth over $10 billion. For single filers, the tax would begin on wealth above $16 million. Warren's plan calls for a 2 percent tax on net worth between $50 million and $1 billion and 3 percent on more than $1 billion, with the brackets being the same for married and single filers.

Sanders in an interview with the Times said, "I don't think that billionaires should exist." While he said this wealth tax doesn't "eliminate billionaires," it "eliminates a lot of the wealth that billionaires have," which he says is "exactly what we should be doing."

The Times reports that had Sanders' tax been in effect since 1982, the net worth of Amazon CEO Jeff Bezos, the richest man in the world, would be $43 billion rather than $160 billion as it is now. Had Warren's plan been in effect since then, his net worth would be $87 billion. Axios notes that with the proposal, which is "even more aggressive" than Warren's, Sanders is aiming to "remind voters that he's the original when it comes to progressive policy in the 2020 field."

Read more about Sanders' wealth tax proposal at The New York Times. Brendan Morrow

President Trump's lawyers filed a brief on Monday urging the Senate to dismiss the impeachment charges against him and calling the House's impeachment process a "perversion" of the Constitution, The Associated Press reports.

The 110-page brief calls the House's impeachment case "flimsy," insists Trump did "absolutely nothing wrong," and says he has "been the victim of an illegitimate partisan effort to take him down," The New York Times reports. The House filed two impeachment articles against Trump — abuse of power for withholding aid to Ukraine in order to pressure that country to investigate his political rivals, and obstruction of Congress for blocking the House's impeachment inquiry.

The brief "does not deny that Mr. Trump pressured Ukraine to open investigations into Democrats," the Times writes. Instead it argues that this was within Trump's rights as president. As to the obstruction of Congress article, the lawyers say the president has a right to confidential deliberations.

The Senate trial on Trump's impeachment begins Tuesday. He is just the third sitting president to face such a trial. The Republican-controlled chamber is unlikely to convict him. Jessica Hullinger

Australia just can't catch a break. As wildfires continued to devastate parts of the country, a miles-long dust storm rolled across New South Wales Sunday, blotting out the sun. As CNN reports, the area has been experiencing drought since 2017, so dirt is loose and easily kicked up by high winds.

In other parts of the southeast, thunderstorms over the past two days brought hail stones the size of baseballs, bringing down trees, battering cars and buildings, and leaving thousands of people without electricity, according to The New York Times. There's also been flash flooding. And the Bureau of Meteorology says the storms could continue for another few days. Jessica Hullinger

The number of reported cases of a pneumonia virus spreading through China jumped over the weekend, CNN reports, bringing the total to 201. On Friday, there were 62 reported cases of the illness in China. By Monday, another 139 cases had been reported, and three people had died. The virus, which originated in a wildlife market in the central Chinese city of Wuhan, has also spread to other countries, including South Korea, Thailand, and Japan, CNN reports.

Health authorities say the pathogen is a new strain of coronavirus, which CNN explains is "in the same family of the deadly severe acute respiratory syndrome (SARS)." Its symptoms include fever and shortness of breath, QZ reports.

The outbreak comes as China prepares to celebrate the Lunar New Year. Last year, CNN estimates 7 million people traveled outside the country for the occasion. South Korea has been screening travelers arriving from Wuhan for fever at Seoul's Incheon International Airport. Some airports in the U.S. are doing the same. However, CNN points out that "a new study by Imperial College London suggests the number of infections in Wuhan is likely to have been grossly underestimated."

"The detection of three cases outside China is worrying," Neil Ferguson, a disease outbreak scientist at Imperial College London, said. "We calculate, based on flight and population data, that there is only a 1 in 574 chance that a person infected in Wuhan would travel overseas before they sought medical care. This implies there might have been over 1,700 cases in Wuhan so far." Jessica Hullinger

Virginia officials braced for possible violence as buses packed with gun-rights advocates began arriving in the capital city of Richmond for a large Monday rally where authorities fear an outburst of violence by white supremacists, the Richmond Times-Dispatch reports. Gov. Ralph Northam (D) last week declared a state of emergency in Richmond, and temporarily barred people from carrying firearms on the grounds of the state capitol. Gun-rights advocates, who are planning a peaceful rally, challenged the ban in court, but lost. "Virginians have the right to assemble. And I believe in the right to bear arms. But what we have seen and heard in recent weeks has the potential to go far beyond these constitutionally protected rights," Northam said last week. "We are seeing threats of violence." Organizers said Monday's protests against possible new gun-control legislation could draw 50,000 people, the Richmond Times-Dispatch reports. Harold Maass

The Kansas City Chiefs beat the Tennessee Titans 35-24 to win the AFC Championship game on Sunday, earning the team its first spot in the Super Bowl in half a century, NPR noted. The Chiefs will play the San Francisco 49ers, who defeated the Green Bay Packers 37-20 in the NFC Championship game. The Chiefs came back from a 17-7 deficit in the first half. Kansas City was led by star quarterback Patrick Mahomes. He threw for three touchdowns and a total of 294 yards, including a 60-yard completion to wide receiver Sammy Watkins in the fourth quarter that helped seal the victory. "We're not done yet," Mahomes said. The 49ers earned their trip to professional football's Feb. 2 championship game with help from running back Raheem Mostert, who scored three touchdowns in the first half. Harold Maass

President Trump has a noon deadline on Monday to submit his written defense against impeachment charges before his Senate trial gets fully underway on Tuesday, Reuters reports. Trump, only the third U.S. president to face such a trial, refused to cooperate with the impeachment inquiry in the Democratic-controlled House, so the document will amount to his first comprehensive defense against the charges that he abused his power by pressuring Ukraine to investigate Democrats, and tried to obstruct the House investigation.

On Saturday, Trump's defense team called the impeachment process "a brazen and unlawful attempt to overturn the results of the 2016 election and interfere with the 2020 election." House Judiciary Committee Chairman Jerry Nadler (D-N.Y.) called the Trump legal team's response "errant nonsense," CBS News reports. Harold Maass