Biden proposes minimum tax for the super-rich in Budget 2023 – USA

by time news

Washington – The US administration under President Joe Biden wants to propose a minimum tax for the super-rich as part of the 2023 budget. This emerges from a document from the US President’s Office, which was published on Saturday. The 20 percent levy would apply to households with assets greater than $100 million. The more than 700 richest Americans would be particularly affected.

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