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Thomas Steyer: Plan to raise taxes on U.S. corporations and billionaires outlined
U.S. businessman Thomas Steyer shared his intention to increase taxes on corporations and billionaires, including himself, if elected governor.
The statement comes amidst ongoing public debate over tax policy for high-net-worth individuals and large businesses in the U.S. Steyer acknowledged skepticism toward billionaires and positioned his proposal as a direct response. He emphasized that the increased taxation would target both wealthy individuals and large corporations.
Steyer recently gained backing from CASE, aligning his campaign with the group’s call for wage parity and improved labor standards. Earlier, he condemned a shooting at the White House Correspondents Dinner and stated that political violence is unacceptable in the U.S. Both stances have put Steyer in the spotlight as he outlines his policy proposals.
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