The Biden Administration’s 2023 budget proposal includes a Billionaire Minimum Income Tax and a rewrite of stock buyback practices. Will these changes actually take effect? If so, will they do enough to curb runaway corporate power? Niko Lusiani from the Roosevelt Institute breaks down what’s inside Biden’s budget.

Niko Lusiani is the Director of Corporate Power at the Roosevelt Institute. 

Twitter: @NikoLusiani

Budget of the U.S. Government https://www.whitehouse.gov/wp-content/uploads/2022/03/budget_fy2023.pdf 

Roosevelt Institute Responds to Billionaire Minimum Income Tax Proposal in Biden Administration FY 2023 Budget https://rooseveltinstitute.org/2022/03/28/statement-roosevelt-institute-responds-to-billionaire-minimum-income-tax-proposal/ 

Starbucks Halts Stock Buybacks as Schultz Returns https://www.usnews.com/news/business/articles/2022-04-04/starbucks-halts-stock-buybacks-as-schultz-pivots-to-workers#:~:text=Starbucks%20announced%20late%20last%20year,the%20company%20announced%20in%202018

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This post was originally published on Pitchfork Economics with Nick Hanauer.