Billionaires and Biden; The Proposed Wealth Tax

The White House is proposing a new “billionaire minimum income tax” that proponents argue could help reduce income equality and reduce the federal debt, while opponents argue it’s just a matter of time that the tax spreads beyond the most wealthy.

Check out our latest vlog below.

Video Sources:
https://www.forbes.com/advisor/taxes/biden-billionaire-income-tax/
https://www.barrons.com/articles/a-new-wealth-tax-would-target-billionaires-the-middle-class-should-worry-too-51648770492
https://taxfoundation.org/joe-biden-estate-tax-wealth-tax/
https://www.wsj.com/articles/joe-bidens-big-new-wealth-tax-white-house-budget-fy-2023-11648504