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>> the billionaire tax proposal would impact households worth more than $100 million for the top .01% of americans according to the white house 20% tax rate by their own calculations would reduce the deficit by a trillion could raise up to 360 billion over ten years. were not just talking about income being taxed. what is team the interest of the ultra- wealthy has been at this proposal of unrealized gains such as an increase in view of stock that will unfold. this idea was brought up to fund president biden build back better plan. here is senator lindsey graham in october. >> unrealized gain ...

900 billion for domestic programs. so the white house is staying tight lipped on exact items and their price tag before congressional negotiations. i look forward to working with members of congress, democrats, republicans, independents to deliver this budget and keep delivering for the american people. there's a so-called billionaire tax, a 20 percent minimum tax on households worth more than one hundred million dollars. the white house says that will reduce the deficit by about 360 billion over the next 10 years. it would raise the corporate tax rate to 28% and raise the rate on the nation's...

Plummeted, the second route is vladimir putin. now the price hike is hitting americans at the pump. >> that is not bulky inflation with a 40 year height despite fracking and economic pa good sign with your hard-earned dollars. >> todd: no it is not watching "fox & friends first" come i am todd piro. and in washington with all the details. >> ashley, todd one of the two ways is through customer spending and new data shows the personal consumption expenditures price index rose 54%, the highest since the early 80s. president biden feels the economic strategy has worked and is still working. in a ...

Absolutely historically unique piece of tax legislation which is to do something that's never been done in u.s. tax policy which is to try to figure out how to fix the problem that billionaires tend to pay an effective tax rate of 8%. 8%. below 10%. below what a firefighter or a teacher pays in many cases because our tax system leaves wealth out of its base and this billionaire's minimum tax disallows that and requires the top .01% of the income scale to pay at a minimum a 20% tax rate. not the current 8%. raises $360 billion over 10 years and injects a dose of fairness into the tax code. very...

Additional taxes. the wealthy and corporations will begin to pay their fair share. for most americans, the last few years were very hard. stretching them to the breaking point. billionaires and large corporations got richer than ever. right now billionaires pay an average rate of 8% on their total income. that's the average that they pay. i'm a capitalist. if you make a billion bucks, great. pay your fair share. pay a little bit. a firefighter and a teacher pay more than double, double the tax rate that a billionaire pairs. that's not right. that's not fair. my budget contains a billionaire mi...