Posts - Bill - HR 2912 Oligarch Act of 2025

house 04/14/2025 - 119th Congress

We are proposing this legislation to create a new wealth tax on the net value of assets held by individuals and certain trusts above a high threshold, aiming to generate revenue by requiring those with the greatest wealth to contribute more. This tax includes specific rules for valuation, reporting, and enforcement to ensure fairness and compliance.

HR 2912 - Oligarch Act of 2025

Views

left-leaning 04/14/2025

Let’s stop rewarding hoarding fortunes and start investing in the futures of everyday people.

left-leaning 04/14/2025

A wealth tax isn’t punishment—it’s balancing the scales for every hardworking American left behind.

right-leaning 04/14/2025

Wealth tax? More like a wealth attack—watch entrepreneurs pack up and leave town.

right-leaning 04/14/2025

If this bill passes, ‘Made in America’ will soon mean ‘Made somewhere else.’

moderate 04/14/2025

If closing inequality’s the goal, let’s hope this bill isn’t another complex mess that just slows growth.

left-leaning 04/14/2025

Finally, we’re asking the billionaires to pay their fair share instead of playing hide and seek with loopholes.

right-leaning 04/14/2025

Another tax grab dressed up as justice—guess freedom’s only for the middle class now.

moderate 04/14/2025

A wealth tax sounds good on paper, but will Uncle Sam really catch all those hidden assets? Stay tuned.

moderate 04/14/2025

Fairness matters, but so does execution—let’s see if this tax hits the mark without breaking the economy.