Like Arnold, it will be back.
Manchin Kills Democrat Tax On Success (lifezette.com)
With a 50-50 senate Joe Manchin of West Virginia reigns supreme. If he doesn’t like it, it dies. So it was with the Democrat plan to tax successful individuals on unrealized gains. Manchin realizes that in an economy that relies on capital taxing those who provide it is jamming up the engine of economic development and progress.
Because of @Sen_JoeManchin opposition, the Dem leadership and White House sources tell us that the billionaire tax is all but dead.
— Jake Sherman (@JakeSherman) October 27, 2021
Hooray. For now.
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