First in the Vault. Sen. Ruben Gallego (D-Ariz.) will introduce a bill this week that’s aimed at cracking down on what Democrats call the “buy, borrow, die” approach to avoiding taxes.
Gallego’s bill would change the tax treatment of certain loans from high net-worth individuals. The bill is just one form of a wealth tax circulating on Capitol Hill in recent weeks, but Gallego’s proposal is notable given his White House aspirations.
Presented by Cencora
From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more
Presented by Cencora
From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more
You're subscribed! Welcome to the community.
