Taking Aim at Billionaire Tax Avoiders, Biden Proposes Minimum Tax for Ultrarich

After ProPublica's Secret IRS Files showed how the richest avoid taxes — often by minimizing income and relying on their wealth — the Biden administration unveiled a plan that could raise hundreds of billions in tax revenues. Its fate is uncertain.
Read more: https://www.propublica.org/article/taking-aim-at-billionaire-tax-avoiders-biden-proposes-minimum-tax-for-ultrarich#1286855?source=Snapzu