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Bookmark or Share- Biden Budget Tax Proposals: Details & Analysis | Tax ... - Tax FoundationPresident Biden’s budget outlines several major tax increases that would add up to nearly $4.8 trillion in new taxes targeted at businesses and high-income individuals.
- Biden Budget Tax Proposals: Details & Analysis | Tax ... - Tax FoundationPresident Biden is proposing extraordinarily large tax hikes on businesses and the top 1 percent of earners that would put the U.S. in a distinctly uncompetitive international position and threaten the health of the U.S. economy.
- 40-plus tax increases: A rundown of House Dems’ $2 trillion tax planTheir plan would raise the top marginal income tax rate to 39.6 percent, from 37 percent; impose a new 3 percent surtax on people making more than $5 million; and raise the capital gains rate...
- How Biden’s $2 Trillion in Tax Increases Target Companies and the RichThe Biden administration estimates that these tax increases would hit the top .02 percent of taxpayers and raise $230 billion of tax revenue over a decade.
- Biden’s Budget Calls for Tax Increases on Corporations and the Wealthy ...White House economists estimate increasing the tax could yield $137 billion in new tax revenue over a decade. The president would also quadruple a 1 percent surcharge on corporate stock...
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