Kozmo on Nostr: Billionaires in the US pay a tiny proportion of accrued wealth in taxes compared to ...

Billionaires in the US pay a tiny proportion of accrued wealth in taxes compared to what ordinary Americans pay from their wages.

President Biden wants that to change: His just-unveiled budget for fiscal year 2024 contains tax hikes for billionaires, multi-millionaires, and large corporations, all aiming to reduce the federal deficit by $3 trillion over the next decade.

#Biden #taxes #deficit #VoteBlue
https://www.vox.com/money/23634085/biden-2024-budget-billionaire-tax-capital-gains