EXPECT TAX HIKES FOLKS. IT SAYS “ON THE WEALTHIEST AMERICANS” BUT DOES NOT DEFINE WHO IS CONSIDERED WEALTHY.
From the article:
Administration officials say while funding methods are not yet determined, it might be partially paid for with tax increases on the wealthiest Americans. Biden has already indicated that he would include a federal tax hike on high earners in his next big economic package, which would be the biggest tax increase in nearly three decades.
Business Insider’s Juliana Kaplan reported Monday that Biden is likely to look at tweaks to the current tax code, instead of a new tax targeting wealth.
What more do they want?