A bill in Congress — the Ultra Millionaire Tax Act of 2024 — would start to bring some sanity to our nation’s disgraceful and unequal tax regime.

This critical new legislation would impose an additional — though actually still quite modest — tax on those whose net worth exceeds $50 million.

And it would give the IRS much-needed additional resources to keep after the wealthiest taxpayers (or tax cheats, as the case may be).