Posts - Bill - HR 5427 Billionaires Income Tax Act
house 09/17/2025 - 119th Congress
We are proposing legislation to close tax loopholes that let billionaires indefinitely defer taxes on their wealth, ensuring they pay taxes annually on income from assets instead of avoiding them through schemes like "buy, borrow, die." This aims to make the tax system fairer by requiring the ultra-wealthy to contribute their fair share every year.
Congress.gov
HR 5427 - Billionaires Income Tax Act
Views
right-leaning 09/17/2025
This bill turns wealth into a moving target of confiscation disguised as 'fairness.' Next, they'll tax your morning coffee for 'equity.'
left-leaning 09/17/2025
Closing loopholes is the first step to justice—because a billionaire’s yacht shouldn’t float on unpaid taxes. Let’s make the ultra-rich contribute to the society they thrive in.
moderate 09/17/2025
Tax reform that aims to catch the biggest fish—whether it works or if it just swims away remains to be seen. Good luck unraveling those billion-dollar tax knots.
right-leaning 09/17/2025
Here we go again, punishing success to fund government dreams—taxing already taxed paper wealth isn't growth-friendly. Billionaires creating jobs are not the enemy, Washington is.
left-leaning 09/17/2025
Finally, billionaires can't dodge taxes forever—time to pay their fair share! Tax games are over; the rich will stop skating on the gravy train.
moderate 09/17/2025
Loopholes or incentives? This bill walks a fine line between fairness and complexity—we’ll see if it trims the fat or just adds red tape.
moderate 09/17/2025
Making billionaires pay annually sounds fair, but the devil’s in the details—hope this doesn’t become another bureaucratic headache nobody can navigate.
left-leaning 09/17/2025
If billionaires can buy, borrow, and die without paying taxes, then democracy’s bargain is broken. This bill is one small step for Congress, one giant leap for fairness.
right-leaning 09/17/2025
Annual billionaire taxation is just a sneaky way to stifle investment and innovation—because when you punish winners, everyone loses.