March 31, 2022
Don’t Give Up on Taxing Billionaires
Federal estate tax has become porous and effectively optional for the wealthiest households.
(Photo: Tracy O/Flickr)
A proposal to tax billionaires is back in the news, although with discouraging words from Sen. Joe Manchin (D-W.Va.), it may be short-lived. But it should be seriously considered, along with other tax policies that capture the untaxed income and wealth of the ultra-wealthy. Taxing billionaires is both good policy and good politics.
President Biden introduced the “Billionaire Minimum Income Tax” as part of his recent budget proposal, to ensure that the wealthiest Americans “pay their fair share.”
…
Read the full article at The Hill.
Originally in The Hill.
Subscribe to our newsletter
Further reading
Articles | Aug 26, 2026
We’re Getting Dangerously Used to ICE Abuse
No matter where you were born or how you feel about immigration, no government should have the power to kill or jail people with so little accountability.
Articles | Aug 25, 2026
Restorative Justice is the Proven Alternative Our Children Need
Punitive systems funnel students — especially Black ones — into immiseration and incarceration.
Articles | Aug 25, 2026
Congress Finally Passed a Housing Bill. It Isn’t Enough.
The ROAD to Housing Act fails to address the commodification of housing driving our affordability crisis.
