When Is the Earliest Tax Rates Could Change Under Biden?
The best way to sum up President-elect Joe Biden's tax plan would be to say he wants to raise taxes on high-income households and corporations. And he would do this in a few ways. Here are some of the most important parts of Biden's tax plan for Americans to know: http://www.crfb.org/papers/understanding-joe-bidens-2020-tax-plan
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It's worth noting that Biden doesn't just want to increase taxes. For many people outside of the top income brackets, taxes could go down if Biden gets his way. Specifically:
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