U S billionaire tax proposal seems to unite Democrats – but will it work? 1470wmbd.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 1470wmbd.com Daily Mail and Mail on Sunday newspapers.
The proposal, set to be unveiled as soon as Tuesday, would require roughly 700 U.S. billionaires to pay taxes annually when their stocks and some other assets increase in value, according to people familiar with the matter.
The proposal, set to be unveiled as soon as Tuesday, would require roughly 700 U.S. billionaires to pay taxes annually when their stocks and some other assets increase in value, according to people familiar with the matter.
Clubhouse, the audio-only app designed to be a virtual conference hall, generated heavy buzz during the peak of the pandemic and received a $4 billion valuation earlier this year. In the months since then, that excitement seems to have cooled.
Elon Musk is world's richest person after adding USD 10 billion to fortune with SpaceX deal - Musk derives around three-quarters of his wealth from Tesla Inc, which he co-founded in 2003. Space X is world's second most valuable private company.