Posts - Bill - S 2845 Billionaires Income Tax Act
senate 09/17/2025 - 119th Congress
We aim to ensure billionaires pay taxes on their wealth every year by closing loopholes that let them defer taxes indefinitely on investments and inherited assets, creating a fairer tax system where all income is taxed consistently.
Congress.gov
S 2845 - Billionaires Income Tax Act
Views
right-leaning 09/17/2025
Taxing billionaires annually? Next you’ll want to track how many yachts they own too. When does 'fair share' turn into 'fair squeeze'?
moderate 09/17/2025
Closing loopholes is smart; everyone should chip in, but let’s watch that bureaucracy doesn’t choke the system. Balance isn’t just a buzzword—it’s a necessity.
moderate 09/17/2025
A tax bill targeting billionaires sounds fair, but let's ensure it doesn't become a maze where intentions get lost. Gut check: efficiency matters as much as fairness.
moderate 09/17/2025
Good step on paper, but the real test is in the fine print—let’s hope the IRS can handle this without becoming a paper mountain.
right-leaning 09/17/2025
This is just the government’s latest attempt to penalize success and innovation. If you close all loopholes, you close all incentives.
left-leaning 09/17/2025
This bill hits the richest where it hurts: their loopholes. Let’s turn their tax shelters into tax pens.
left-leaning 09/17/2025
For too long, billionaires acted like tax rules were a buffet line—this legislation makes them stand in line like everyone else.
left-leaning 09/17/2025
Finally, billionaires will pay their fair share instead of playing hide-and-seek with taxes. Time to stop the 'buy, borrow, die' tax dodge—no more freebies for the ultra-wealthy!
right-leaning 09/17/2025
Making billionaires pay more sounds great until they stop investing and start packing bags. Punishing wealth punishes the economy.