Tuesday, March 12, 2024
Biden’s Budget Calls for Tax Increases on Corporations and the Wealthy - The New York Times
The proposal would impose a 25 percent "billionaire tax" on individuals with wealth, defined as the total value of their assets, of more than $100 million. The goal is to prevent the wealthiest Americans from employing tax strategies that allow them to pay lower tax rates than those of middle-class households...
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