Today news
About the same in other media
16.11 - 17:12
15.11 - 17:55
11.11 - 20:55
Biden Turns to Taxes on Corporations, Millionaires to Pay for Agenda
Reading now: 527
WASHINGTON—President Biden outlined $1.85 trillion in proposed tax increases and other revenue generators on Thursday to pay for his social and climate agenda, offering a hodgepodge of strategies designed to navigate red lines set by the administration and congressional Democrats.
The plan relies on a 15% corporate minimum tax, surtaxes on the very highest earners, tougher tax enforcement and higher taxes on U.S. companies’ foreign earnings.
Read more on wsj.comAbout this in other media
Rising Inflation Challenges Biden Agenda wsj.com /2 years ago
South Africa Can’t Afford to Quit Coal. Will Rich Countries Pay for the Transition? wsj.com /2 years ago
Tax Brackets Will Be Higher in 2022 Due to Faster Inflation, IRS Says wsj.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
