Because of the financial crisis of the US government, as well as the "big spending" of the Trump and Biden administrations for two consecutive terms, the debt crisis of the US government has been seriously exposed! Although the Biden administration's debt "default crisis" has been temporarily overcome under the concessions of the Republican Party, they have proposed a "billionaire tax" for Biden. It remains firmly opposed. Even within the National Party of America, there is constant controversy over this "new tax." This tax on the rich is probably not collected, and it is exactly the same as the last years of the Ming Dynasty!
According to US media reports on the 1st, in order to inject a "cardiotonic agent" into the Democrats, 250 millionaires in the United States have already started. In a joint letter to senior Democratic party officials, they called on the United States to implement this "billionaire tax" as soon as possible and let these rich people pay taxes.
According to the current trend, the 250 millionaires in the United States should "take the small and the big", and the small rich will open the knife to the big rich! They support the "billionaire tax" proposed by the American Democrat Wynn and demand that the United States increase taxes on the 700 "billionaires" in the United States in the form of laws. In Wynn's original proposal, the US tax department would add an additional tax to collect more taxes on these US "top tycoons".
According to the report, Wynn's proposal not only calls on the United States to increase the tax on profitable income to these "top tycoons", but also to levy taxes on their "unprofitable" assets. If such a bill is implemented, then even if these "top" stocks, bonds and other assets are not sold to obtain any benefits, they will need to pay the corresponding taxes according to the market value. Previously, this part of the asset was only traded to realize the profit income. Will be taxed.
Although Wynne's "billionaire tax" will bring hundreds of billions of dollars in additional revenue to the U.S. government every year, which can better help Biden to achieve "social construction" and "climate change problem solving", but because of the existence of a large number of opponents, the White House did not add this "billionaire tax" to the "trillion social spending bill", that is, Biden does not intend to anger Republicans too much in this "congressional confrontation".
US media previously reported that because of the "billionaire tax" and "rich tax" proposed by the Democratic Party, Republicans have criticized more than once, resolutely blocking Democrats at the critical moment when the White House is advancing various "spending bills". Especially at the juncture of the "debt crisis" of the US government, US Republicans have added to the chaos and "embarrassed" the Democrats in the congressional confrontation.
If the White House doesn't include a "billionaire tax" in this "trillion social spending bill," democrats may not have a better chance. Therefore, some millionaires in the United States can no longer sit still, and they have jointly written letters to the Democratic "speakers" of the US Senate and House of Representatives under the organization of three civil organizations in the United States, asking them to add a "billionaire tax" to this bill, saying that only in this way can "fairness in the United States" be achieved.
"The new tax bill proposed by Wynn can guarantee the fairness of taxation in the United States. For the past, U.S. tax laws have been in tatters. Our tax laws ensure that middle- and upper-income families cannot avoid paying taxes, but they provide a basis for the wealthiest Americans to avoid taxes. In the letter, 250 Wealthy Americans said there were loopholes in U.S. taxes.
They also stressed that the U.S. government is now required to take immediate action, "If we can't properly handle these things in a short period of time, then billionaires in the United States will continue to look for space to fool the U.S. tax with false income that is far lower than the real income." ”
Although these American billionaires strongly support this "billionaire", American Republicans are not so easy to dismiss. Leaving aside Republicans, even within the Us Democratic Party, there are different voices. U.S. Democratic Senator Manchin said such "additional taxes" are not in line with the status quo in the United States and may legally be in conflict with the U.S. Constitution.
Analysts say that if there are different voices in the Senate, then Wynne's "billionaire tax" may not be on the agenda at all.