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Impuesto multimillonario criticado mientras Biden impulsa un acuerdo presupuestario

Blog #51 Tuesday, October 26, 2021

Billionaire tax criticized as Biden pushes for budget deal

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-The White House had to rethink its tax strategy after one key Democrat, Sen. Kyrsten Sinema, D-Ariz., objected to her party’s initial proposal to raise tax rates on wealthy Americans by undoing the Trump-era tax cuts on those earning beyond $400,000. Sinema also opposed lifting the 21% corporate tax rate. With a 50-50 Senate, Biden has no votes to spare in his party.

-Instead, to win over Sinema and others, the White House has been floating a new idea of taxing the assets of billionaires and another that would require corporations to pay a 15% minimum tax, regardless of if they show any profits. Those both appear to be gaining traction with another pivotal Democrat, Sen. Joe Manchin, D-W.Va., who told reporters he supported new ways to ensure the wealthy to pay their “fair share.”

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My 2 cents opinion:
There has got to be a way to force billionaires to pay their fair share in spite of the many legal ways for billionaires to hide assets. A small percentage off their riches means a lot to the many who are struggling. Opinión: Tiene que haber una forma de obligar a los multimillonarios a pagar su parte justa a pesar de las muchas formas legales que tienen los multimillonarios para ocultar sus activos. Un pequeño porcentaje de sus riquezas significa mucho para los muchos que están luchando.


*Read More https://apnews.com/article/joe-biden-business-child-care-social-services-congress-61767cd905c55f3f204d7824f6924c5a