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Democrats Release Billionaires Tax Plan. Sen. Manchin Doesn’t Like It.


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Democrats unveiled a proposal to tax billionaires’ unrealized capital gains in a bid to raise sufficient revenue to fund President Joe Biden’s multi-trillion dollar social spending bill.

Sen. Joe Manchin (D., W.V.), however, told reporters Wednesday he did not “like” the measure, but did not express immediate opposition to it.

“I don’t like...