Is "the state of our union really strong? Are we really building back better than ever? President Biden unveiled his 2023 budget this week with a few familiar focused items. The president is again calling for those who make millions of dollars to pay their fair share of taxes. His 2023 budget makes it plain that billionaires should also do the same. (AP Photo/Patrick Semansky) Outlining his budget plans the president makes the claim that, " The tax code currently offers special treatment for the types of income that wealthy people enjoy. This special treatment, combined with sophisticated tax planning and giant loopholes, allows many of the very wealthiest people in the world to end up paying a lower tax rate on their full income than many middle-class households. To finally address this glaring problem, the Budget includes a minimum tax on multi-millionaires and billionaires who so often pay indefensibly low tax rates. This minimum tax would apply only to the wealthiest...
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