Politics

Democrats debate ‘billionaires tax’ to help pay for Biden’s sweeping agenda

By Reuters Posted on
U.S. senators depart after meeting with White House officials on Capitol Hill in Washington
U.S. Senator Bernie Sanders (I-VT) speaks to reporters after a meeting with White House officials at the U.S. Capitol, October 27, 2021. REUTERS/Elizabeth Frantz

By Richard Cowan and David Morgan

The top Democratic tax writer in the U.S. Senate on Wednesday unveiled a plan to tax billionaires’ assets to help pay for President Joe Biden’s social and climate-change agenda, but it was unclear whether it had enough support to become law.

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Democrats debate ‘billionaires tax’ to help pay for Biden’s sweeping agenda

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