A billionaire income tax is proposed for the US – how would it work? stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
EXPLAINER: How would billionaire income tax work? - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
The "Billionaire Minimum Income Tax," as outlined in Biden's proposal, would require households worth more than $100 million to pay a tax of at least 20 percent on both their income and any unrealized gains including real estate.