Democrats Eye Tax on Billionaires' Gains
Democrats Eye Tax on Billionaires’ Gains
October 24, 2021 at 8:54 pm EDT By Taegan Goddard 39 Comments
https://politicalwire.com/2021/10/24/democrats-eye-tax-on-billionaires-gains/
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“A new annual tax on billionaires’ unrealized capital gains is likely to be included to help pay for the vast social policy and climate package lawmakers hope to finalize this week,” the Wall Street Journal reports.
“The tax is expected to affect people with $1 billion in assets or $100 million in income for three consecutive years.”
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