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Senate Democrats Push Tax Plan for Billionaires to Help Fund Build Back Better Act

HeadlineOct 27, 2021

Senate Democrats have unveiled a new plan centered around capital gains taxes on billionaires as lawmakers seek workarounds to help pay for the reconciliation package that is being obstructed by conservative Democrats Kyrsten Sinema and Joe Manchin. The tax would apply to just the 700 wealthiest people in the U.S.

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