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