Thursday, March 28, 2024

Democrats tout new ways to tax the wealth of the super-rich - The Washington Post

Earlier this month, President Biden unveiled a budget plan that proposes to raise more than $4.5 trillion in new taxes over the next decade, largely by targeting corporations. While repeating his pledge that families making less than $400,000 a year should not pay more tax, he revived and expanded upon an idea that Democrats have been kicking around for more than a decade: a minimum tax on the ultrawealthy…


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