Name: Rich Investors Make a Poor Case Against Biden’s Tax Plan
Brand: nymag.com
SKU: nymag-com-491
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Rich Investors Make a Poor Case Against Biden’s Tax Plan

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Things you buy through our links may earn New York a commission.With spring blooming, COVID cases falling, and the economy rebounding, many Americans are feeling . Yet the “” is not benefiting all equally. And as life returns to normal for the middle class, it’s important not to lose sight of those whose lives are still shadowed by economic trepidation — such as superrich capitalists who do not want to pay higher taxes on their unearned income.Last week, the White House of its plan to nearly double the capital-gains tax rate for investors who earn more than $1 million a year. At present,...

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Eric Levitz

New York is an American biweekly magazine concerned with life, culture, politics, and style generally, and with a particular emphasis on New York City. Founded by Milton Glaser and Clay Felker in 1968 as a competitor to The New Yorker, it was brasher and less polite, and established itself as a cradle of New Journalism. Over time, it became more national in scope, publishing many noteworthy articles on American culture by writers such as Tom Wolfe, Jimmy Breslin, Nora Ephron, John Heilemann, Frank Rich, and Rebecca Traister.

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Rich Investors Make a Poor Case Against Biden’s Tax Plan

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