Politics

Biden Gang Now Pushing for ‘Billionaire’s Tax’ Which In Reality Will Likely Soon Tax Americans’ 401Ks and IRAs

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Joe Biden may not know it but no doubt his Treasury Secretary does.  A tax labeled a ‘Billionaire’s Tax’ is being pushed by the Biden gang that will in reality tax Americans’ 401Ks and IRAs.

PJ Media reports:

A wealth tax on billionaires is included in the latest version of Joe Biden’s “Build Back Better” agenda, but it’s a sure thing the real target is your retirement savings.

The so-called “Billionaire Income Tax” is being written by Senate Finance Committee Chairman Ron Wyden (D-Ore.) with “input from the U.S. Treasury Department and the White House,” according to SWFI.

“It’s not a wealth tax, but a tax on unrealized capital gains of exceptionally wealthy individuals,” U.S.

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