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Investor's Business Daily

Investor's Business Daily

What's the Billionaire's Tax? Here's what you need to know

Investor's Business Daily
Summary
Nutrition label

69% Informative

A Democratic proposal would tax unrealized capital gains on assets that haven't been sold yet.

The proposal is part of the Biden administration's push for the uber-rich to pay a minimum 25% tax on their income.

Centimillionaires with assets totaling $100 million or more would be affected.

Critics say it's only a matter of time before the current $100 million threshold would be lowered.

"It won't be long before the threshold is lowered to hit more and more Americans ," group says.

Supreme Court decision in Moore v. United States muddied the waters.

VR Score

77

Informative language

84

Neutral language

44

Article tone

semi-formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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