As part of his proposed budget for the upcoming fiscal year, President Joe Biden on Monday released a proposed minimum income tax rate applying to the highest-earning Americans, marking the first time the White House has ever directly targeted billionaire wealth after a similar Democrat-proposed measure failed to move forward last fall. Read More: https://www.forbes.com/sites/jonathanponciano/2022/03/28/bidens-billionaire-tax-unveiled-what-we-know-about-the-proposed-tax-on-americas-richest-001/?
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