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The Heritage Foundation did some calculations based on the White House's proposed federal budget, which included a staggering $4.9 trillion in future tax hikes and found that these tax hikes would ...
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 ...
High earners would pay higher taxes under Biden's proposed budget. ... The president is requesting a defense budget of $842 billion in the fiscal year of 2024, a 3.2% increase from fiscal year ...
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 ...
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 ...
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 ...
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 ...
White House officials said Biden will preview the steps that will be part of a proposed fiscal 2025 budget released next week that aims to decrease the federal deficit by $3 trillion over 10 years ...