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I'm Brian Kilmead.

I'm Martha McCallum.

I'm David Asman, and this is the Fox News rundown.

Friday, October 29th, 2021. I'm Trey Yinks. New details were released this week on a proposed

wealth tax that Democrats are pushing forward in Washington. They want to go and they're saying,

all these people are so rich and they're so wealthy.

They're not Scrooge McDuck.

They don't have this money in cash.

This money is tied up in their companies.

This is the Fox News Run Death, Evening Edition.

The new tax would affect around 700 Americans who make a hundred million dollars for three consecutive years

or have a billion dollars in assets. This would be used in part to pay for the

economic agenda of the Biden administration. The tax would raise between

200 and 250 billion dollars, but that's still not enough to pay for the nearly 2 trillion dollars of spending proposed over the next several years.

Well, this is not exactly a wealth tax. Again, they're throwing something, I basically equate

what's going on right now, they're just throwing stuff up on the wall, we know what that type of stuff

...