Manchin needs to get behind the Billionaire Minimum Income Tax

Yesterday, President Biden and the White House unveiled their $5.8 trillion budget request for the 2023 fiscal year. There are many parts of the budget that are garnering headlines, but the most exciting is clearly Biden’s “Billionaire Minimum Income Tax” proposal. The Billionaire Minimum Income Tax would institute a 20% minimum tax rate on incomes for households worth $100 million or more. It would only affect the top 1% … Continue reading Manchin needs to get behind the Billionaire Minimum Income Tax