Elizabeth Warren placed an ad in billionaire Sheldon Adelson's newspaper telling him what he'd pay under her wealth tax

Sen. Elizabeth Warren (D-Mass.) let billionaire Sheldon Adelson know exactly how much he would pay under her proposed Ultra-Millionaire Tax by taking out a full-page ad in his newspaper and spelling it out for him.

The ad ran Thursday in Adelson's Las Vegas Review-Journal, just two days before the Nevada caucuses. Adelson, the CEO of Las Vegas Sands, is a major Republican donor and supporter of President Trump. The Nevada Independent's Jon Ralston tweeted a picture of the ad, which says Adelson has a net worth of $39.6 billion. During the first year of Warren's plan, he would pay $2,300,000,000, less than 6 percent of his wealth.

"Today, our economy is only working for a thinner and thinner slice at the top," the ad says. "That's why Elizabeth Warren has a plan for an Ultra-Millionaire Tax on the richest 75,000 Americans." As the ad is Nevada-specific, it says that the funds generated by this tax would make hundreds of thousands of Nevadans eligible to have their student debt canceled; make roughly 91,000 Nevada families eligible for free, quality child care; provide additional funding for public K-12 schools; and eliminate tuition and fees at Nevada's public universities, community colleges, and trade schools. Catherine Garcia

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