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Spotlight: Biden’s New Minimum Tax On Billionaires Is Just Another Economy-Killing Tax

Spotlight: Biden’s New Minimum Tax On Billionaires Is Just Another Economy-Killing Tax

FromSteve Forbes: What's Ahead


Spotlight: Biden’s New Minimum Tax On Billionaires Is Just Another Economy-Killing Tax

FromSteve Forbes: What's Ahead

ratings:
Length:
4 minutes
Released:
Mar 29, 2022
Format:
Podcast episode

Description

The White House announced the administration would be proposing a new minimum tax of 20% on households worth more than $100 million. Investors take note: President Biden’s new minimum tax on billionaires is just another economy-killing tax. Steve Forbes on how no country has ever taxed its way to prosperity and on why enforcing such a tax would be an administrative nightmare.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.
Released:
Mar 29, 2022
Format:
Podcast episode

Titles in the series (100)

In an uncertain and rapidly changing world, Steve Forbes sits down with today’s leading business and economic minds to give listeners a better grasp of what’s ahead, and shares his own perspectives on the day’s most pressing issues.