Biden Proposes Taxing Billionaires, Rest of Budget Kinda Sucks

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Well, President Biden’s new budget proposal just dropped, and we have good news and bad news. First, the good: His plan includes a “Billionaire Minimum Income Tax,” which would institute a minimum 20% tax rate on income above $100 million dollars. Great! The 700-ish American billionaires this affects probably won’t…Read more…