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Biden Budget Seeks Minimum Tax on Households Worth $100M

by The Associated Press | Mar 28, 2022

President Joe Biden intends to propose a minimum tax of 20 percent on households worth more than $100 million and cut projected budget deficits by more than $1 trillion over the next decade, according to a fact sheets released Saturday by the White House budget office.

A file photo of the Massachusetts State House

Study Pegs ‘Millionaire’s Tax’ Haul at Only $1.3B

by State House News Service | Jan 17, 2022

A new tax on Massachusetts millionaires up for a vote on this fall’s ballot would add much less revenue for the state than originally predicted, according to a new report.

Biden Budget Seeks Minimum Tax on Households Worth $100M

Study Pegs ‘Millionaire’s Tax’ Haul at Only $1.3B

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