Thursday, May 2, 2024

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HomeVideoDemocrats unveil new plan to increase taxes on billionaires

Democrats unveil new plan to increase taxes on billionaires

President Biden unveiled a budget proposal this week that includes a new wealth tax targeting the richest Americans and aimed at addressing wealth inequality. The latest Democratic proposal would affect households worth $100 million or more. Dan Primack, business editor at Axios, joins Lisa Desjardins to discuss.

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