Biden Budget Targets Billionaires With 20% Minimum Tax
President Joe Biden will ask Congress to approve the “Billionaire Minimum Income Tax” which would assess a 20% minimum tax rate on U.S. households worth more than $100 million.
President Joe Biden will ask Congress to approve the “Billionaire Minimum Income Tax” which would assess a 20% minimum tax rate on U.S. households worth more than $100 million.
A new 20% minimum tax on the richest 700 billionaires in the country will be part of President Joe Biden’s 2023 budget proposal, set to be unveiled Monday, sources told the Washington Post.
At least 18 billionaires and some 250 other ultrawealthy Americans received taxpayer-funded federal stimulus checks during the COVID-19 pandemic, including George Soros and his son, Robert…
Billionaires actually could benefit from a Democrat proposal to tax the unrealized gains of extremely wealthy Americans.
CNBC’s Jim Cramer on Wednesday called on members of the billionaire class in the United States to be more vocal in their support of reforms …
Left-wing “explainer” website Vox reports Wednesday that leading billionaires in Silicon Valley are joining forces to build a digital campaign around former Vice President Joe Biden, who is holed up in his Wilmington, Delaware, home.
The net worth of the United States’ billionaire class has increased by $434 billion during lockdown orders implemented by most states to slow the spread of the Chinese coronavirus.
Representative Alexandria Ocasio-Cortez (D-NY) said Wednesday on ABC’s “The View” that she didn’t believe that billionaires should exist.
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Sen. Elizabeth Warren’s (D-MA) campaign posted a picture of the presidential hopeful wielding a lightsaber, warning “Billionaires, Wall Street CEOs, and Sith Lords” to “beware.”
The Republican Party must defend America’s working and middle class against “concentrated corporate power” and Silicon Valley, California’s tech billionaires and their monopolization of entire sectors of the United States’ economy.
A handful of tech billionaires, the U.S. Chamber of Commerce, and the Indian outsourcing lobby are financing a green card giveaway plan that has already passed the House with support from 140 House Republicans and 224…
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