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President Joe Biden is expected to propose a new minimum tax primarily aimed at billionaires when he unveils his 2023 budget, according to a document obtained by CNBC.
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...
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$Altimeter Growth Corp.US$ I regret to say this but I think we missed the boat. The lacklustre performance today after merger announcement is really off. I read an analysis on SPAC stocks going into merger and it says that SPAC stock that is $13 and below on merger day is an indication of share price tanking upon merger. I am still holding onto AGC now since there is no much point off loading it now. Let's just hope it goes up before tomorrow.
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