Home Procurement NewsBiden’s billionaire tax is ‘dead on arrival’ in Congress, top Wall Street backers and Democratic strategists say

Biden’s billionaire tax is ‘dead on arrival’ in Congress, top Wall Street backers and Democratic strategists say

February 9, 2023•

Biden’s billionaire tax would subject households with a net worth above $100 million to pay a minimum annual tax of 20% on gains of their “tradable assets.”

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Last modified: February 9, 2023

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