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Tax Hikes Featured News
US adds 236K jobs, unemployment falls to 7.7 pct.
Greece hit by general strike against austerity
Retail sales growth pauses as higher taxes kick in
House gives final passage to fiscal cliff bill
Senate fiscal cliff deal now waits on House
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Placing Biden and Trump Tax Proposals in Historical Context
By comparison to the largest historical tax increases, the 2018-2019 tariffs imposed by President Trump on more than $380 billion of foreign products increased customs duties between 0.1 percent to 0.2 percent of GDP, ranking as the 21 st largest tax hike since 1940. President Biden has continued the bulk of those tariffs and proposed further ...
Biden Budget Tax Proposals: Details & Analysis | Tax Foundation
President 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.
Biden Budget & Biden Tax Increases: Details & Analysis
Biden’s budget assumes the BBBA increases take effect, and would pile on another $2.5 trillion of tax increases—$1.6 trillion from corporate and international tax changes, $780 billion in individual tax changes, and $170 billion from other revenue increases.
More Americans are crossing Biden's $400,000 tax-hike threshold - USA TODAY
What's it mean for their taxes? Daniel de Visé. USA TODAY. 0:00. 0:55. During the 2020 presidential campaign, candidate Joe Biden presented voters with a bold pledge: He wouldn’t raise taxes on...
Here's how your tax bill could change under Biden's budget - CBS News
The biggest lever hiking taxes on high-income households is tied to the Biden administration's proposal to boost the highest rate on capital gains taxes from 20% to 39.6%, the Tax Policy Center...
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