White House ‘billionaire tax’ shadows other more powerful tax changes
This post was originally published on this siteAs the Biden administration touted its new proposal of a minimum income tax for households worth more than $100 million, estate lawyers Monday were paying attention to a more technical but also more powerful set of proposed revisions to estate…
The Billionaires Tax Isn’t New
This post was originally published on this site by Jesse Eisinger ] ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. This article was co-published with The New York Times. Having stumbled in their attempts to raise...
US Senate Democrats unveil billionaires’ tax to fund Biden agenda
This post was originally published on this site Pushing past skeptics, Senate Democrats on Wednesday unveiled a new billionaires’ tax proposal, an entirely new entry in the tax code designed to help pay for President Joe Biden’s sweeping domestic policy package and edge his party closer to an overall agreement....
Dems Eye Historic Shift To Taxing Wealth, Not Just Income
This post was originally published on this site Democrats are poised to orient the country’s tax system in a whole new direction.