President Biden’s Fiscal Year 2024 budget proposal contains nearly $4.7 trillion in new tax hikes on American individuals and businesses. Biden’s proposed tax hikes come just months after Democrats passed more than $700 billion in tax increases in the so-called Inflation Reduction Act.Biden’s budget proposal is a direct violation of the President’s campaign pledge to not raise taxes on small businesses.Below is a list of tax hikes included in Biden’s budget proposal. This list will be updated as more details of Biden’s Budget become available.Highest Personal Income Tax Rate Since 1986. Biden’s budget calls for a top combined federal tax...