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The White House wants to close a tax loophole used by the ultra-rich

A plan to go after unrealised capital gains faces big hurdles | Finance & economics

United statesWhite houseDistrict of columbiaKyle pomerleauSteve rosenthalJeff bezosJoe bidenKyrsten sinemaElon muskJoe manchinJoel slemrodTax policy centreAmerican enterprise instituteUniversity of michiganPresident joe bidenBiden white house

Joe Biden to unveil new billionaire tax

The White House proposal says the new tax would ensure that “the wealthiest Americans no longer pay a tax rate lower than teachers and firefighters”.

United statesWhite houseDistrict of columbiaJason furmanRon wydenSteve rosenthalElizabeth warrenNancy pelosiRevenue serviceDemocrats in congressAssociated pressSupreme courtTreasury departmentTax policy centreOffice of managementWhite house national economic council

Joe Biden s new billionaire tax to target the likes of Elon Musk

The White House proposal says the new tax would ensure that “the wealthiest Americans no longer pay a tax rate lower than teachers and firefighters”.

United statesWhite houseDistrict of columbiaJason furmanRon wydenSteve rosenthalElizabeth warrenNancy pelosiRevenue serviceDemocrats in congressAssociated pressSupreme courtTreasury departmentTax policy centreOffice of managementWhite house national economic council

Congress sends Biden USD2 5T debt limit hike, avoiding default

Congress sends Biden USD2 5T debt limit hike, avoiding default
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United statesJanet yellenDonald trumpMike leeAdam kinzingerNancy pelosiJoe bidenKevin bradySenate majority leader chuck schumerUnited states us congressSenate minority leader mitch mcconnellTax policy centreSenate democratsTreasury secretary janet yellenIllinois representative adam kinzingerRepresentative kevin

The buried boon to the wealthy in the Democrats tax plan

Millionaires stand to benefit immensely from the treatment of state and local taxes | United States

United statesNew yorkNew jerseyWhite houseDistrict of columbiaChuck schumerTom malinowskiDonald trumpBarack obamaRichard reevesNancy pelosiJoe bidenKyrsten sinemaMichael bennetMarc goldweinJason furman