Tuesday, October 26, 2021

Billionaire tax gains momentum

Billionaire tax gains momentum-thehill:  Democrats are facing hurdles to making a new annual tax on billionaires’ investment gains a reality.  The proposal, championed by Senate Finance Committee Chairman Ron Wyden (D-OR), is seen as a way to help pay for the party’s social spending package while accommodating Sen. Kyrsten Sinema’s (D-AZ) opposition to raising tax rates.