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Tax the Billionaires’ (Income)!?

January 5, 2022 12:00 am (30 Minutes)

Discussion:

Scott and Jeff welcome Brian Galle, Professor of Law at Georgetown University to discuss the proposed Billionaires’ Income Tax. Brian and 218 other law professors and economists recently sent a letter to Congress in favor of the proposal. The letter can be found below. We discuss how the tax is different from a wealth tax. We question whether the tax might eventually be expanded to everyone, not just billionaires.
https://americansfortaxfairness.org/w…
https://www.finance.senate.gov/chairm…