Steve Forbes: What's Ahead
Spotlight: Biden’s New Minimum Tax On Billionaires Is Just Another Economy-Killing Tax
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:03:37
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Synopsis
The White House announced the administration would be proposing a new minimum tax of 20% on households worth more than $100 million. Investors take note: President Biden’s new minimum tax on billionaires is just another economy-killing tax. Steve Forbes on how no country has ever taxed its way to prosperity and on why enforcing such a tax would be an administrative nightmare.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.