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Democrats are eyeing targeted taxes on billionaires to pay for their safety net expansion. They're rushing to wrap up talks with Manchin and Sinema.
Congress’s Joint Committee on Taxation says full repeal would cost the Treasury $89 billion in foregone revenue per year. That’s a lot. Biden’s plan to raise the corporate tax rate from 21% ...
The other measures included in Frame’s email would raise the annual cap on property tax increases from 1% to 3%, raise taxes on the sale of real estate valued over $3 million from 3% to 4% ...
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One of Joe Biden’s oft-repeated promises from the 2020 campaign trail and his first year in office is that he'll raise the corporate tax rate. Now, the idea appears likely to fall out of the ...
The 10th district is based primarily in southeastern Michigan's Macomb County, taking in Warren and Sterling Heights, as well as a small portion of eastern Oakland County. The incumbent is Republican John James , who was elected with 48.8% of the vote in 2022. [ 2 ]
The president said his March 9 budget proposal to Congress will include some higher taxes, including on billionaires, but will not raise rates on Americans making less than $400,000 a year.
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