US President Joe Biden is set to introduce a new tax targeting billionaires as part of his upcoming budget plans, it has been reported.
A new minimum tax targeting the richest 700 Americans for the first time is expected in the budget plans set to be announced later today, a White House document obtained by The Washington Post showed.
The “Billionaire Minimum Income Tax” would see US households worth over $100 million face a 20 percent minimum tax rate on th...
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