#105 - The Biden Billionaire Wealth Tax Bill: What is it and Will it Pass In Congress

Joe Biden's budget proposal for the 2023 fiscal year includes a Billionaire Minimum Income Tax. The budget proposes that all households worth more than $100 million pay at least 20 percent in taxes on both income and unrealized appreciation which is an increase in an unsold investment. The projection will raise $360 billion.

The questions is . . . will the bill pass and if it did, how would the money be allocated? We also investigate other options.

In the roundtable we discuss how to handle the situation when you think that someone has passed away.

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