{"id":46731,"date":"2022-03-29T20:19:43","date_gmt":"2022-03-30T03:19:43","guid":{"rendered":"https:\/\/lapost.us\/?p=46731"},"modified":"2022-03-30T09:20:14","modified_gmt":"2022-03-30T16:20:14","slug":"manchin-shoots-down-bidens-new-billionaire-tax-plan","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=46731","title":{"rendered":"Manchin shoots down Biden&#8217;s new billionaire tax plan"},"content":{"rendered":"<p>Centrist Sen.\u00a0Joe Manchin\u00a0(D-W.Va.) on Tuesday shot down\u00a0President Biden\u2019s new plan to raise $360 billion in revenue by imposing a 20-percent minimum tax on billionaires, a proposal the president formally unveiled Monday in his budget request to Congress.<\/p>\n<p>&nbsp;<\/p>\n<p>Manchin says he doesn\u2019t support the president\u2019s plan to tax the unrealized gains of billionaires, which would set a new precedent by taxing the value an asset accrues in theory before it is actually sold and converted into cash.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Centrist Sen.\u00a0Joe Manchin\u00a0(D-W.Va.) on Tuesday shot&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-46731","post","type-post","status-publish","format-standard","hentry","category-u-s-a"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/46731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46731"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/46731\/revisions"}],"predecessor-version":[{"id":46732,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/46731\/revisions\/46732"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}