Will any wealth tax bill pass in the US Congress during Joe Biden’s presidential term?
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Joe Biden released a plan in 2019 to raise 3.2 trillion USD in taxes to pay for his domestic politics proposals, which involves imposing a tax on unrealized capital gains at death, as well as levying the estate tax for wealthy taxpayers.
If some type of wealth tax, levied on the value of held assets, passes in Congress by January 20th, 2025, this market will be resolved as “Yes”.
This question is managed and resolved by Manifold.
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