Biden Aims at Top 0.3% With Bid to Tax Capital Like Wages - Bloomberg

Biden Aims at Top 0.3% With Bid to Tax Capital Like Wages - Bloomberg: President Joe Biden wants to end the preferential U.S. tax treatment of investment income that has benefited the nation’s wealthy as he seeks to fund a sweeping new social-spending program. But he will need to overcome a major political hurdle in Congress to do so.