From IPB
March 29, 2022

"Billionaire Tax" Faces Uncertain Prospects

The Treasury Department released its General Explanations of the Administration’s Fiscal Year 2023 Revenue Proposals (the “Greenbook”) on March 28. The principal proposals potentially affecting high net worth individuals – including the Billionaire Minimum Income Tax – and a discussion of their legislative prospects are summarized in our latest client alert. 


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