Report: Joe Biden Plans First Major Tax Hike in Nearly 30 YearsAccording to a report at Bloomberg, Joe Biden is planning the first major tax increase since Bill Clinton did it in 1993. Reportedly, Biden intends to raise the corporate tax rate, increase the capital gains tax for people making over a million dollars, widen the estate tax, increase the income tax on people making more than $400,000 and reduce tax breaks for businesses. |
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