Billionaire Tax Dead On Arrival After
Manchin Blasts Proposal Mere Hours After
Its Release
Posted By: Come And Take It, 10/27/2021 4:41:37 PM
Democrats have already nixed a contentious plan to tax the wealth of roughly 700 billionaires, Rep. Richard Neal (D-Mass.) confirmed Wednesday, after moderate Sen. Joe Manchin (D-W.V.) voiced concerns earlier in the day over the proposed provision in President Joe Biden’s spending package. At a press conference Wednesday, Neal, chair of the House Ways and Means Committee, said the proposal was “out of the Biden plan” after Manchin, whose support is crucial for Democrats to pass legislation in the evenly split Senate, told reporters he didn't like the billionaire tax.
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of boosting US oil production: 'That is hilarious' 25 replies
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Highway Design 33 replies
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Highway Design 33 replies
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Comments:
Manchin takes a giant dump on another of Xiden's ridiculous ideas. The speed that this got pulled tells me they knew they did not have any support for it. Word got out too quick on what taxing unrealized capital gains really means.