• Phoenix3875@lemmy.world
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    2 months ago

    The article cited the 2025 budget [PDF]. It’s under the section “Proposes a Minimum Tax on Billionaires”.

    To finally address this glaring inequity, the Budget includes a 25 percent minimum tax on the wealthiest 0.01 percent, those with wealth of more than $100 million.

    Though the Harris campaign is not directly mentioned, I think we may assume it’s coming from both Harris and Biden.

    • would_be_appreciated@lemmy.ml
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      2 months ago

      This is actually really helpful clarification, I did just miss some of that. It’s no wealth tax, but it’s better than nothing.