Democrats have already nixed a contentious plan to tax the wealth of roughly 700 billionaires, Rep. Richard Neal (D-MA) confirmed Wednesday, after moderate Sen. Joe Manchin (D-WV) voiced concerns earlier in the day over the proposed provision in President Joe Biden’s spending package.

READ MORE: https://www.forbes.com/sites/jonathanponciano/2021/10/27/billionaire-tax-dead-on-arrival-after-manchin-blasts-proposal-mere-hours-after-its-release/?sh=6243cb98bc36

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Billionaire Tax Dead On Arrival After Manchin Blasts Proposal Mere Hours After Its Release