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Home > On Point > Understanding Biden's proposal to tax billionaires' unrealized gains
Podcast: On Point
Episode:

Understanding Biden's proposal to tax billionaires' unrealized gains
Category: News & Politics
Duration: 00:47:28
Publish Date: 2022-04-13 15:41:12
Description:

According to the White House, billionaires in America pay income tax at a rate that’s just half that of the average worker. President Biden is proposing taxing the unrealized gains of the richest Americans — assets the wealthy haven’t yet cashed out on. Steve Rosenthal joins Meghna Chakrabarti.
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