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#105 - The Biden Billionaire Wealth Tax Bill: What is it and Will it Pass In Congress

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Manage episode 324531499 series 3334434
Content provided by David Mulonas. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Mulonas or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Joe Biden's budget proposal for the 2023 fiscal year includes a Billionaire Minimum Income Tax. The budget proposes that all households worth more than $100 million pay at least 20 percent in taxes on both income and unrealized appreciation which is an increase in an unsold investment. The projection will raise $360 billion.
The questions is . . . will the bill pass and if it did, how would the money be allocated? We also investigate other options.
In the roundtable we discuss how to handle the situation when you think that someone has passed away.
Podcast Media
https://www.somethingonmymind.net/ Merchandise https://www.somethingonmymind.net/shop Social Media https://www.instagram.com/somm.podcast/ https://www.youtube.com/channel/UChec5qcZBcGkIhUU3belNDw https://www.tiktok.com/@somm.podcast?lang=en https://www.facebook.com/somm.podcast https://twitter.com/Somm_podcast
  continue reading

193 episodes

Artwork
iconShare
 
Manage episode 324531499 series 3334434
Content provided by David Mulonas. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Mulonas or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Joe Biden's budget proposal for the 2023 fiscal year includes a Billionaire Minimum Income Tax. The budget proposes that all households worth more than $100 million pay at least 20 percent in taxes on both income and unrealized appreciation which is an increase in an unsold investment. The projection will raise $360 billion.
The questions is . . . will the bill pass and if it did, how would the money be allocated? We also investigate other options.
In the roundtable we discuss how to handle the situation when you think that someone has passed away.
Podcast Media
https://www.somethingonmymind.net/ Merchandise https://www.somethingonmymind.net/shop Social Media https://www.instagram.com/somm.podcast/ https://www.youtube.com/channel/UChec5qcZBcGkIhUU3belNDw https://www.tiktok.com/@somm.podcast?lang=en https://www.facebook.com/somm.podcast https://twitter.com/Somm_podcast
  continue reading

193 episodes

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