US President Joe Biden has once again called for a “billionaire minimum tax” during his State of the Union address on Tuesday. “No billionaire should pay a lower tax rate than a school teacher or a firefighter,” President Biden said. The US president had previously proposed a billionaire minimum tax in his 2023 federal budget, calling for a 20% levy on households with a net worth of more than $100 million. Joe Biden State of the Union Address 2023: Full Text of US President's SOTU Speech.

Joe Biden State of the Union Address 2023:

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