Biden to Revoke Trump tax cuts and increase taxes including corporate and personal rates to fund $1.9 trillion stimulus package
Biden to Revoke Trump tax cuts and increase taxes including corporate and personal rates to fund $1.9 trillion stimulus package: Four people familiar with the matter told Bloomberg that President Biden is planning to raise federal taxes. This will be the first major raise since 1993. He is also planning to revoke the former president’s law passed in 2017, to partly pay for the $1.9 trillion coronavirus package. The White House is planning […]
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