The White House will target billionaires with a new minimum tax when President Biden unveils his 2023 budget, according to a document from the administration obtained by Fox News.
unveils his 2023 budget, according to a document from the administration obtained by Fox News.
US President Joe Biden delivers a speech about the Russian war in Ukraine at the Royal Castle in Warsaw, Poland on March 26, 2022.As part of the plan, a 20% minimum tax rate would be placed on U.S. households worth more than $100 million, with more than half the revenue coming from households worth more than $1 billion.
In this Jan. 14, 2017, photo, tax forms sit on a desk at the start of the tax season rush, inside the offices of tax preparation firm Infinite Tax Solutions, in Boulder, Colo. The document also said the tax "will eliminate the ability for the unrealized income of ultra-high-net-worth households to go untaxed for decades or generations."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
White House invites UCSD student to talk about health equityAlex Calac advocates for policies aimed at supporting American Indians and Alaska Natives.
Baca lebih lajut »
The Nixon White House plotted to assassinate a journalist 50 years agoIn March 1972, after failing to rein in columnist Jack Anderson, the White House turned to the one method guaranteed to silence him permanently.
Baca lebih lajut »
Pres. Biden Apparently Suggests Removing Putin, White House BacktracksBiden appears to have misspoken on at least a couple of instances about the U.S.'s intentions as it relates to Russia and Ukraine.
Baca lebih lajut »
White House condemns North Korea test of nuclear missiles capable of striking US and JapanThe United States 'strongly condemns the Democratic People's Republic of Korea for its test of a long-range ballistic missile,' White House press secretary Jen Psaki said in a statement Thursday morning.
Baca lebih lajut »
Airlines including American, Southwest push White House to lift face mask mandatesAmerican Airlines CEO Doug Parker and Southwest Airlines Chairman Gary Kelly joined leaders at United, Delta, Alaska, JetBlue and others in a letter to the...
Baca lebih lajut »