Sen. Ron Wyden (D-OR) on Wednesday released the details of a proposed billionaire income tax, showing how Democrats hope to pay for part of the massive social spending package they plan to pass.

READ MORE: https://www.forbes.com/sites/jonathanponciano/2021/10/27/new-billionaire-wealth-tax-targeting-assets-of-700-richest-americans-unveiled-heres-how-the-democratic-plan-would-work/?sh=53938bce3f5c

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New Billionaire Wealth Tax—Targeting Assets Of 700 Richest Americans—Unveiled By Democrats