MultiMillionaires to pay 5% tax

Loan News By Aman jain 16.1.2023

The top 5% of American taxpayers pay 60% of the taxes and the top 1% pay 40% of the taxes.

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The tax on the world's multi-millionaires is only 5%, a report shows that the richest millionaires and billionaires pay only a few percent taxes

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US president joe Biden impose a new law of 20% tax on wealth more than $100 million

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Congress refused this tax aimed legal consequences and the bill was withdrawn

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Tax on wealth more than $100 million is a good idea to take it from the wealthy and give it to the middle class

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This will provide more money for public services, higher salaries for teachers and police, and the cost of healthcare for more people.

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