Democrats Weigh a Tax on Billionaires’ Unrealized Capital Gains

Billionaires on the hook? As Democrats race to find ways to pay for President Biden’s social spending plans—especially as one of his own, Arizona Senator Kyrsten Cinema—is thwarting his efforts to raise corporate and individual tax rates. different tax. Billionaires may be taxed on unrealized capital gains on liquid assets, Democratic officials yesterday. It will […]