Connect with us

Hi, what are you looking for?

Biden White House

Biden plans to raise taxes on highest earners to 39.6% and capital gains to 43.4%

President Joe Biden will call to raise the to income tax rate up to 39.6 per cent

Stocks Plummet As President Launches ANOTHER Raid On Rich

By GEOFF EARLE

DEPUTY U.S. POLITICAL EDITOR FOR DAILYMAIL.COM

President Joe Biden is calling to hike the top income tax rate back to where it was before the Trump tax cuts and nearly double capital gains rates for top earners to fund his phase two of his ‘human infrastructure’ plan.’

The moves to raise revenue would be used to pay for education, labor programs, universal pre-K, and continuation of an expanded child tax credit – all proposals Biden plans to spell out in an address to Congress next week.

Click the link below to read the rest of this story.

https://www.dailymail.co.uk/news/article-9501041/Biden-increase-income-tax-rate-double-rates-stock-sales.html

Click here to get more news from the Bulldog

On the go, but don’t want to miss any Bulldog news? Go to the App Store and download apps for Bulldog Reports and The Bulldog Show to your Apple and Android mobile devices. It’s free!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

National News

By Mark Hansel Bulldog Report managing editor The inaugural Freedom Fest in Morning View, Kentucky, drew a crowd of thousands to the farm of...

Health

Letter from St. E doctors and other healthcare professionals expresses strong opposition to mandate Deters law has received a copy of a letter from...

Business

Watch: Video of walkout at GE Evendale plant in Cincinnati, courtesy of Bulldog Media HANNAH BLEAU Breitbart Dozens of General Electric (GE) employees walked...

Health

Deters Law has issued the following release regarding a lawsuit filed against major healthcare systems in the Greater Cincinnati Region. The lawsuit addresses the...