billionaires tax

Biden budget plan would levy minimum tax on billionaires, boost national security

BY: - March 29, 2022

WASHINGTON — President Joe Biden sent a new $5.8 trillion budget request to Congress on Monday that calls on lawmakers to institute a minimum tax on billionaires and boost spending on national security. The proposal, which lawmakers will undoubtedly change, asks Congress to provide $795 billion in defense funding, a roughly 4% increase, and $915 billion […]