Billionaires Could Soon Face More Taxing Times
Billionaires, beware: Thousands of your countrymen are focusing hard on reining in your riches. All of them, including large numbers of millionaires, want you to pay higher taxes. They want a twenty-first century America with less income inequality and more tax fairness. Something like the America of decades ago, before the laws started leaning toward high-income taxpayers. (And they’re still leaning that way: see the gifts handed out to the rich in the Big Unbeautiful Bill rammed through by the GOP earlier this year.) The posse that’s pursuing billionaires includes tax experts, ...