https://cephas.lianabanyan.com/tags/tax-fairness/Recent content in Tax-Fairness on Cephas - Liana Banyan Knowledge CenterHugo -- 0.152.2en-us© 2026 Liana Banyan Corporation. All rights reserved.Tue, 12 May 2026 00:00:00 +0000https://cephas.lianabanyan.com/im-just-a-bill/billionaire-minimum-income-tax/Tue, 12 May 2026 00:00:00 +0000https://cephas.lianabanyan.com/im-just-a-bill/billionaire-minimum-income-tax/<h1 id="-im-just-a-bill--billionaire-minimum-income-tax">👀 I&rsquo;m Just a Bill — Billionaire Minimum Income Tax</h1> <h2 id="a-liana-banyan-im-just-a-bill-bounty-poster">A Liana Banyan &ldquo;I&rsquo;m Just a Bill&rdquo; Bounty Poster</h2> <h2 id="what-is-this-bill">What is this bill?</h2> <p>Tax-fairness legislation in the 119th Congress establishing a minimum income tax on households with net worth above $100 million, including unrealized capital gains in the tax base.</p> <h2 id="what-does-it-actually-do">What does it actually do?</h2> <ul> <li><strong>Mark-to-market</strong> — taxes unrealized capital gains for affected households on tradable assets</li> <li><strong>Non-tradable assets</strong> — deferred-payment structure with interest</li> <li><strong>Threshold</strong> — applies to households with $100M+ net worth (or $1B+ in some versions)</li> <li><strong>Minimum rate</strong> — establishes minimum effective rate (e.g., 20-25%) including unrealized gains</li> <li><strong>Liquidity provisions</strong> — allows phased payment for asset-rich/cash-poor situations</li> </ul> <h2 id="who-votes-when">Who votes when?</h2> <ul> <li>House Ways &amp; Means + Senate Finance active consideration; constitutional questions in active debate</li> </ul> <h2 id="how-does-this-affect-cooperative-class-families">How does this affect cooperative-class families?</h2> <p>Direct impact only on ~700-900 households nationwide. Indirect impact: federal revenue generation that funds programs affecting cooperative-class members.</p>