Congress Debates The 'Billionaire Tax'

The video discusses proposed tax reforms targeting wealthy Americans and corporations. A 15% minimum tax on profitable corporations and a billionaire tax on unrealized gains are proposed. The corporate tax targets companies with over $1 billion in profits, while the billionaire tax affects individuals with over $1 billion in assets or $100 million in income. The proposals aim to generate significant tax revenue for social programs. There is both support and opposition, with some arguing for fair contributions from the wealthy.

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