The Billionaire Income Tax - An Idea Whose Time Has Come |
Posted: January 20, 2022 |
Up until recently, the US was considering imposing a Billionaires' Income Tax as a way to offset President Joe Biden's social and infrastructure spending packages and to equalise the tax burden. The first five years alone of the new tax would have brought in $346.2bn of revenue from about 700 American billionaires. What was the tax proposal exactly? Why is it a big deal? Click to read: https://transfin.in/the-billionaire-income-tax-an-idea-whose-time-has-come
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