Published 2 years ago

Manchin dampens progressive hopes for billionaire's tax

Summary by The Hill

Democratic hopes of including a new tax on the super-wealthy to help pay for their social spending package were fading on Wednesday as centrist Sen. Joe Manchin (D-W.Va.) said he was uncomfortable with the idea.

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Yahoo News

Manchin pitches 'patriotic' 15% billionaires tax

Sen. Joe Manchin, a key centrist Democrat negotiating the party’s massive social welfare spending bill, criticized a new plan to tax billionaires but came up with his own formula.

2 years ago·Los Angeles, United States

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Reuters

Manchin says everyone in U.S. who has been 'blessed and prospered' should pay 'patriotic tax'

Democratic Senator Joe Manchin said on Wednesday that people in the United States who have been "blessed and prospered" should pay a "patriotic tax" of 15% if they ended up with zero tax liability.

2 years ago·United Kingdom

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CNN

Joe Manchin pushes back on billionaire tax

Sen. Joe Manchin on Wednesday resisted a last-ditch move by Democrats to impose a new tax on billionaires to help pay for President Joe Biden's sweeping social safety net plan, the latest sign of the major headwinds facing the White House as it tries to lock down a deal to advance the ambitious agenda.

2 years ago·Atlanta, United States

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The Hill

Manchin dampens progressive hopes for billionaire's tax

2 years ago·Washington, United States

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Washington Examiner

Manchin pitches 'patriotic' 15% billionaires tax

Sen. Joe Manchin, D-W.Va., a key holdout vote on President Joe Biden's domestic agenda, speaks to reporters on Capitol Hill in Washington, Wednesday, Oct. 27, 2021. (AP Photo/Andrew Harnik) (Andrew Harnik/AP)Manchin pitches 'patriotic' 15% billionaires tax Susan Ferrechio October 27, 11:57 AMOctober 27, 12:47 PMSen. Joe Manchin, a key centrist Democrat negotiating the party’s massive social welfare spending b…

2 years ago·Washington, United States

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National Post

Manchin says everyone in U.S. should pay 'patriotic tax'

WASHINGTON -- Democratic Senator Joe Manchin said on Wednesday that people in the United States should pay a "patriotic tax" of 15% if they ended up with zero tax liability. Read More

2 years ago·Canada

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