Marketplace®

Daily business news and economic stories
Oct 25, 2021

Discussing a new tax for the richest billionaires

Democrats in Congress are looking for new ways to fund a spending plan for increasing social benefits and fighting climate change. In the face of opposition to raising the corporate tax rate, Democrats are pivoting to a plan that would require billionaires to pay taxes on the increased value of assets such as stocks on an annual basis, regardless of whether they sell those assets. Also today: We look at the argument for why businesses should be interested in a four-day workweek for their employees.

Download
A new report from the New York Times delves into stock trades by a number of  lawmakers that may present a conflict of interest.
A new report from the New York Times delves into stock trades by a number of lawmakers that may present a conflict of interest.
Daniel Slim/AFP via Getty Images

Subscribe:

Segments From This Episode

Music from the episode

The Team

Discussing a new tax for the richest billionaires