Manchin says everyone in U.S. who has been ‘blessed and prospered’ should pay ‘patriotic tax’

Manchin says everyone in U.S. who has been ‘blessed and prospered’ should pay ‘patriotic tax’

Economy36 minutes ago (Oct 27, 2021 12:56PM ET)

(C) Reuters. FILE PHOTO: U.S. Senator Joe Manchin (D-WV) participates in a discussion with billionaire philanthropist David Rubenstein, President of The Economic Club of Washington in Washington, U.S., October 26, 2021. REUTERS/Leah Millis/File Photo

WASHINGTON (Reuters) – Democratic Senator Joe Manchin said on Wednesday that people in the United States who have been “blessed and prospered” should pay a “patriotic tax” of 15% if they ended up with zero tax liability.

Manchin, speaking to reporters, said he supported everyone paying their fair share and did not like to target different people.

(Changes headline and lead to show tax would be targeted at wealthy Americans)

Manchin says everyone in U.S. who has been ‘blessed and prospered’ should pay ‘patriotic tax’

U.S. holiday sales to rise as much as 10.5%, hit record levels – NRF
By Reuters – Oct 27, 2021

By Praveen Paramasivam (Reuters) -U.S. holiday sales could rise over 10% this year, a trade body said on Wednesday, as major consumer goods makers and retailers work to prevent…

Democrats debate if ‘billionaires tax’ can pay for Biden’s sweeping agenda
By Reuters – Oct 27, 2021

By Richard Cowan and David Morgan WASHINGTON (Reuters) -The chairman of the powerful U.S. Senate Finance Committee on Wednesday outlined the terms of a Democratic proposal to tax…

U.S. dollar index falls, Canadian dollar, euro, yen gain
By Reuters – Oct 27, 2021

By David Henry and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – The U.S. dollar lost value against major currencies on Wednesday as the Bank of Canada started off a series of…

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Our Apps

Terms And Conditions
Privacy Policy
Risk Warning

(C) 2007-2021 Fusion Media Limited. All Rights Reserved

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.