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Why a Billionaire’s Tax Could Be Bad for You

Why a Billionaire’s Tax Could Be Bad for You

The Biden administration is proposing a new tax on households worth more than $100 million. Tagged as a “billionaire tax,” the new levy would apply not just to ordinary income, but also to unrealized capital gains. If a wealthy person owns shares of stock and the stock is worth more today than when it was purchased, Biden wants the federal government to take 20 percent of the increase. So, what’s wrong with that?

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Jonathan Vasdekas

Jonathan Vasdekas

Jonathan Vasdekas is a Director of Development at Ørsted, a leading global renewable energy company.

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David Suarez

David Suarez

David Suarez is a South Florida native and current Co-Owner of Lifecell where he oversees 50 in-house employees.

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Jasmina Midzic

Jasmina Midzic

Jasmina Midzic is the Director of Investor Relations at Typhon Capital Management, a multi-strategy hedge fund based in Miami.

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Katie Kane

Katie Kane

An experienced Advisor and Executive Assistant, Katie Kane’s professional career has been
outlined with optimizing productivity, efficiency, and service quality across multiple working
environments, both domestic and international.

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Carol Danko

Carol Danko

Accomplished senior executive with 15+ years public policy and public affairs experience in developing and executing effective strategies and advocacy campaigns in high-pressure political and management settings.

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Leah Cuddy

Leah Cuddy

Over the past 12 years, my research has focused on investigating molecular mechanisms underlying Alzheimer’s disease and Parkinson’s disease.

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