The “Billionaire Minimum Income Tax,” as outlined in Biden’s proposal, would require households worth more than $100 million to pay a tax of at least 20 percent on both their income and any unrealized gains — including real estate.
Source: Inman News
How luxury clients may be impacted by Biden’s wealth tax proposal
Published in billionaires, budget proposal, capital gains, Cato Institute, congress, elon musk, investors, jeff bezos, luxury, luxury clients, luxury lens, luxury_lens, Markets & Economy, News Brief, President Biden, propublica, real estate tax, Select, taxes, The Pew Research Center, The White House and ultra-high-net worth clients
More from billionairesMore posts in billionaires »
More from capital gainsMore posts in capital gains »
More from Cato InstituteMore posts in Cato Institute »
More from congressMore posts in congress »
- How a government shutdown would affect real estate agents
- How politics and policy are fueling the housing crisis in 2025
- Yes, it’s a ‘big, beautiful bill’ — for the real estate industry at least
- Legislation takes aim at hedge fund landlords — but challenges remain
- Leigh Brown is running for Congress — again
More from elon muskMore posts in elon musk »
- Here’s why SMART goals are dumb and STUPID goals work better
- The Grok meltdown: Cautionary AI lessons for every agent
- Real Talk: You want more babies? Moms need housing and a village
- NAR’s new law firm for antitrust suits charges up to $3K an hour
- Federal layoffs are fueling an inventory surge in nation’s capital
More from investorsMore posts in investors »
- 48% of Americans blame investors for ‘unreasonable’ housing costs
- Real estate investors are unloading homes at record clip to stem losses
- Condo sales fall to 10-year low amid surge in insurance costs, HOA fees
- Existing-home sales slip again in April even as inventory improves
- Bessette Flavin becomes Louisiana’s largest C21 affiliate
More from jeff bezosMore posts in jeff bezos »
- Here’s why SMART goals are dumb and STUPID goals work better
- The 15 priciest home sales of 2025 so far are pretty huge
- Compass unveils family office division led by Cindy Scholz
- Naples estate shatters Florida home sale record with $225M sale
- Chris Choi has been named Chief Financial Officer at MoxiWorks
More from luxuryMore posts in luxury »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- The most iconic house in Los Angeles is now for sale
- Why 2026 will reward those who plan with precision, not emotion: Mauricio Umansky
More from luxury clientsMore posts in luxury clients »
- Be protective, proactive and prepared when working with celebrity clients
- It’s not all about the money: The savvy agent’s guide to working with athletes and celebrities
- Don’t be dazzled by the glamour when working with celebrity clients
- The savvy agent’s guide to working with athletes and celebrities
- 9 power plays to win the world’s wealthiest real estate clients
More from luxury lensMore posts in luxury lens »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- The most iconic house in Los Angeles is now for sale
- Why 2026 will reward those who plan with precision, not emotion: Mauricio Umansky
More from luxury_lensMore posts in luxury_lens »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
- SERHANT. enters Sin City with 2nd Southwestern market launch
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from News BriefMore posts in News Brief »
More from President BidenMore posts in President Biden »
- Agents resilient as Milton slams Florida 2 weeks after Helene
- Helene death toll surpasses 100; communities face tough rebuild
- President Biden’s 5% rent cap falls flat with industry leaders
- Biden set to propose $5K tax credit for first-time buyers
- Renters take aim at over-the-top junk fees targeted by White House
More from propublicaMore posts in propublica »
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from taxesMore posts in taxes »
More from The Pew Research CenterMore posts in The Pew Research Center »
More from The White HouseMore posts in The White House »
- Ted Cruz aims to defund CFPB with implications for lender oversight
- Western White House sells for $23M, among highest local sales
- What does it cost to live near the country’s biggest landmarks?
- Miami condo collapse updates: Second lawsuit, warnings in April
- 15 facts about the White House, the nation’s most famous home
Be First to Comment