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	<title>Liberty Treebillionaire tax Archives - Liberty Tree</title>
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		<title>The problem with Democrats’ ‘billionaire tax’</title>
		<link>https://libertytree.com/liberty-tree/1514</link>
				<comments>https://libertytree.com/liberty-tree/1514#respond</comments>
		<pubDate>Thu, 28 Oct 2021 20:44:44 +0000</pubDate>
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		<category><![CDATA[billionaire tax]]></category>
		<category><![CDATA[Democrats]]></category>
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		<category><![CDATA[Kilian Laverty]]></category>

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		<description><![CDATA[<p>The problem with Democrats’ ‘billionaire tax’ Freedomworks’ Kilian Laverty writes, “Democrats in Washington are finally catching wind that their multi-trillion Big Government Socialism Bill is widely unpopular with the American people. Under the guise of &#8216;human infrastructure,&#8217; Democrats plan to<span class="ellipsis">&#8230;</span></p>
<div class="read-more"><a href="https://libertytree.com/liberty-tree/1514">Read more &#8250;<!-- end of .read-more --></a></div>
<p>The post <a href="https://libertytree.com/liberty-tree/1514">The problem with Democrats’ ‘billionaire tax’</a> appeared first on <a href="https://libertytree.com">Liberty Tree</a>.</p>
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				<content:encoded><![CDATA[<h1 class="p1"><b>The problem with Democrats’ ‘billionaire tax’</p>
<p></b></h1>
<p><img class="alignnone size-large wp-image-1515" src="https://libertytree.com/wp-content/uploads/2021/10/Untitled-design-2021-10-28T164255.405-1024x576.jpg" alt="" width="1024" height="576" /></p>
<p class="p1"><a href="https://www.freedomworks.org/content/problem-democrats%E2%80%99-%E2%80%98billionaire-tax%E2%80%99" target="_blank" rel="noopener">Freedomworks’</a> Kilian Laverty writes, “Democrats in Washington are finally catching wind that their multi-trillion Big Government Socialism Bill is widely unpopular with the American people. Under the guise of &#8216;human infrastructure,&#8217; Democrats plan to use the partisan reconciliation process to pass a radical left-wing agenda without any Republican support.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/26a0.png" alt="⚠" class="wp-smiley" style="height: 1em;max-height: 1em" /> &#8220;One of the provisions that many on the left wish to include is a tax on “unrealized capital gains,” essentially a wealth tax. Not only is this idea incredibly misguided, but very likely unconstitutional.&#8221; <a href="https://twitter.com/hashtag/ampFW?src=hash&amp;ref_src=twsrc%5Etfw">#ampFW</a> <a href="https://t.co/ky4Lrj3q5X">https://t.co/ky4Lrj3q5X</a></p>
<p>— FreedomWorks (@FreedomWorks) <a href="https://twitter.com/FreedomWorks/status/1453745967191187466?ref_src=twsrc%5Etfw">October 28, 2021</a></p></blockquote>
<p></p>
<p class="p1">Included in the bill is everything from the Green New Deal to tax breaks for political allies. As Americans learn what is in the monstrous 2,400-page bill and feel the effects of runaway spending in the form of inflation, Democrats are in a rush to rewrite provisions of this irredeemable bill.</p>
<p class="p1">One of the provisions that many on the left wish to include is a tax on &#8216;unrealized capital gains,&#8217; essentially a wealth tax. Not only is this idea incredibly misguided, but very likely unconstitutional.”</p>
<p class="p1">Read the entire <a href="https://www.freedomworks.org/content/problem-democrats%E2%80%99-%E2%80%98billionaire-tax%E2%80%99" target="_blank" rel="noopener">column</a>.</p>
<p>The post <a href="https://libertytree.com/liberty-tree/1514">The problem with Democrats’ ‘billionaire tax’</a> appeared first on <a href="https://libertytree.com">Liberty Tree</a>.</p>
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