Right Now, Billionaires Pay an Average Rate of 8% on Their Total Income. A Firefighter ... - Latest Tweet by President Biden

Right now, billionaires pay an average rate of 8% on their total income.

A firefighter or teacher pays double that.

My budget contains a Billionaire Minimum Income Tax — a 20% minimum tax that only applies to the top one-hundredth of one percent of American households.— President Biden (@POTUS) March 28, 2022

(SocialLY brings you all the latest breaking news, fact checks and information from social media world, including Twitter (X), Instagram and Youtube. The above post contains publicly available embedded media, directly from the user's social media account and the views appearing in the social media post do not reflect the opinions of LatestLY.)