Biden Pushes for Tax Increases on Billionaires and Corporations to Reduce Budget Deficit

Biden Pushes for Tax Increases on Billionaires and Corporations to Reduce Budget Deficit

Biden said at the beginning of this month that he mainly wants billionaires to pay more taxes. People who earn less than $400,000 a year will not be taxed more heavily under the plans. The president wants to increase corporate taxes for companies from 21 percent to 28 percent. Companies will also have to pay … Read more