Dems look to keep tax on billionaires in spending bill
Summary by The Hill
Top Democrats said on Sunday they are eyeing a tax on billionaires to help fund the party's multi-trillion dollar reconciliation bill, which lawmakers on Capitol Hill hope to advance this week.
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Times of India
With corporate tax off table, US Democrats turn to billionaires to fund spending bill
The party is putting together the final details of the plan, which is likely to come in at between $1.5 trillion and $2 trillion.
With corporate tax off table, U.S. Democrats turn to billionaires to fund spending bill
U.S. Democrats are expected to unveil a tax plan on Monday that would seek to raise hundreds of billions of dollars from the country's roughly 700 billionaires to help pay for expanding the social safety net and tackling climate change. Democrats were forced to shift to the unorthodox plan in the face of opposition from one of their own senators, Kyrsten Sinema, to raising the corporate tax rate and the top personal income tax rate to pay for t…
With corporate tax off table, U.S. Democrats turn to billionaires to fund spending bill
By Jarrett Renshaw - U.S. Democrats are expected to unveil a tax plan on Monday that would seek to raise hundreds of billions of dollars from the country's roughly 700 billionaires to help pay for expanding the social safety net and tackling climate change. Democrats were forced to shift to the unorthodox plan in the face of opposition from one of their own senators, Kyrsten Sinema, to
Dems plan billionaires’ unrealized gains tax to help fund $2T spending bill
Biden’s spending package continues to stall as senior Democrats are hoping to finalize a proposal on a new annual tax on billionaires’ unrealized capital gains.
Dems look to keep tax on billionaires in spending bill
Top Democrats said on Sunday they are eyeing a tax on billionaires to help fund the party's multi-trillion dollar reconciliation bill, which lawmakers on Capitol Hill hope to advance this week.