BRENDAN SMIALOWSKI / AFP via Getty Images Democrat President Joe Biden will reportedly unveil on Monday a new tax as part of his budget for 2023 that takes aim at America’s wealthiest individuals.
“The ‘Billionaire Minimum Income Tax’ plan under President Biden would establish a 20 percent minimum tax rate on all American households worth more than $100 million,” The Washington Post reported . “The White House plan would mandate billionaires to pay a tax rate of at least 20 percent on their full income, or the combination of traditional forms of wage income and whatever they may have made […]
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