FOXNEWS Fox News Live March 27, 2022 17:34:00
Propose a new tax minimum when he unveils the 2023 budget plan tomorrow which will tax american households worth more than a hundred million dollars, at least 20%, alexandria hoff with the latest on this, alex. alex: yeah. this proposal is expected to be announced tomorrow and affects 1.0%, sets 20% tax rate floor by the white house's own calculation it would reduce the federal deficit by a trillion dollars and could raise up to 360 billion over ten years. we were not just talking about income being taxed. what has piqued the interest of the ultra wealthy has been that it targets unrealized ga...