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  2. 10 ways Biden is pushing to increase taxes in his 2024 budget ...

    www.aol.com/finance/9-ways-biden-set-raise...

    President Biden laid out vast and expensive ambitions in his 2024 budget Thursday from shoring up Medicare and boosting spending across the federal government to reducing the deficit by nearly $3 ...

  3. Major Tax Change Coming? What To Know, According to ... - AOL

    www.aol.com/major-tax-change-coming-know...

    The White House released a statement in March 2024 that President Joe Biden proposed a 25% minimum tax on the unrealized gains of people who own $100 million or more in assets. Were this to ...

  4. Biden unveils $7.3 trillion budget as campaign pitch for ...

    www.aol.com/news/bidens-2024-us-government...

    Biden's budget for the 2025 fiscal year that starts in October includes raising the corporate income tax rate to 28 from 21%, hiking rates on people making over $400,000, forcing those with wealth ...

  5. Harris announces rare policy break with Biden on capital ...

    www.aol.com/harris-announces-rare-policy-break...

    Harris called for a 28% capital-gains tax rate for Americans who earn at least $1 million, lower than Biden's proposed 39.6% top rate on capital gains − the profits an investor makes from ...

  6. Biden calls for tax hikes to shore up Social Security as ...

    www.aol.com/finance/biden-calls-tax-hikes-shore...

    A back-and-forth between Joe Biden and Donald Trump Monday showed how Social Security is likely to be a front-burner issue in the 2024 campaign. Biden calls for tax hikes to shore up Social ...

  7. Harris breaks with Biden on capital gains tax, proposing a ...

    www.aol.com/harris-break-biden-capital-gains...

    Biden’s budget proposal also contains other tax increases on the wealthy, including raising the top marginal income tax rate to 39.6%, up from the 37% rate established by the 2017 Trump tax cuts ...

  8. Biden's budget proposal for a second term offers tax breaks ...

    www.aol.com/news/biden-issuing-budget-plan...

    Biden's 188-page plan covers a decade's worth of spending, taxes and debt. Parents could get an increased child tax credit in 2025, as payments would return briefly to the 2021 level funded by ...

  9. Biden to tax high-earners to save Medicare - AOL

    www.aol.com/finance/biden-tax-high-earners-save...

    President Biden will propose raising the Medicare tax on high earners to help keep the federal insurance program solvent as part of his budget to be released on Thursday, the White House said.