Exactly right. Biden proposed a big tax hike for $400k+ earners, corporations, and billionaires beginning next year. His tax plan would go into effect when Trump’s cuts for the wealthy expire at the end of this year. Trump’s tax cuts for the working class expired in 2022, to pay for the breaks for the wealthy.
Exactly right. Biden proposed a big tax hike for $400k+ earners, corporations, and billionaires beginning next year. His tax plan would go into effect when Trump’s cuts for the wealthy expire at the end of this year. Trump’s tax cuts for the working class expired in 2022, to pay for the breaks for the wealthy.
https://home.treasury.gov/news/press-releases/jy2169