Mega-rich Pelosi objected to ‘billionaire tax’ in $1.75T spending bill - News Summed Up

Mega-rich Pelosi objected to ‘billionaire tax’ in $1.75T spending bill


Guess this was one tax hike that hit too close to home for Nancy Pelosi. House Speaker Nancy Pelosi reportedly took issue with the “billionaire tax” being included in President Biden’s social spending plan. Pelosi is well-known as one of the wealthiest members of Congress, though exactly how much she is worth depends on the source. Pelosi reportedly called the tax on unrealized capital gains a publicity stunt. ), Rep. Paul Mitchell (R-Mich.), Rep. Vernon Buchanan (R-Fla), Rep. Don Beyer (D-Va.) and Rep. Dean Phillips (D-Minn.).


Source: Washington Post November 12, 2021 15:47 UTC



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