Biden pushed a billionaire minimum tax – here's what Elon Musk would pay
Publishing timestamp: 2023-02-08 15:01:41
Summary
President Joe Biden proposed a new tax on the wealthy during his State of Union address, which would tax wealth including unsold stocks, bonds, and real estate. This would be a complex tax to administer, and opponents say it could be unconstitutional. The White House estimates it would raise $360 billion in revenue over 10 years.
Sentiment: MIXED
Tickers: TSLA,
Keywords: politics, elon musk, government taxation and revenue, tesla inc, business news, wealth,
Source: https://www.cnbc.com/2023/02/08/biden-billionaire-minimum-tax-elon-musk.html