#105 - The Biden Billionaire Wealth Tax Bill: What is it and Will it Pass In Congress

Joe Biden's budget proposal for the 2023 fiscal year includes a Billionaire Minimum Income Tax. The budget proposes that all households worth more than $100 million pay at least 20 percent in taxes on both income and unrealized appreciation which is an increase in an unsold investment. The projection will raise $360 billion.<br /><br />The questions is . . . will the bill pass and if it did, how would the money be allocated? We also investigate other options. <br /><br />In the roundtable we discuss how to handle the situation when you think that someone has passed away. <br /><br />Podcast Media<br /><a href="https://www.somethingonmymind.net/" rel="noopener">https://www.somethingonmymind.net/</a> Merchandise <a href="https://www.somethingonmymind.net/shop" rel="noopener">https://www.somethingonmymind.net/shop</a> Social Media  <a href="https://www.instagram.com/somm.podcast/" rel="noopener">https://www.instagram.com/somm.podcast/</a> https://www.youtube.com/channel/UChec5qcZBcGkIhUU3belNDw <a href="https://www.tiktok.com/" rel="noopener">https://www.tiktok.com/</a>@somm.podcast?lang=en <a href="https://www.facebook.com/somm.podcast" rel="noopener">https://www.facebook.com/somm.podcast</a> https://twitter.com/Somm_podcast