President Joe Biden is preparing to unveil the first part of his huge infrastructure package Wednesday. New details are emerging of an investment on par with the New Deal or Great Society programs. https://t.co/BlCbRH5FLa
— The Associated Press (@AP) March 31, 2021
Biden wants 4 tax increases worth about $1.8 trillion to help pay for infrastructure and social safety net plans, per @HansNichols.
-corporate rate to 28% from 21%
-individual rate of 39.6% for income $400k+
-global minimum tax
-tax capital gains as regular income for the wealthy https://t.co/dpgsFbw0HF— Jennifer Jacobs (@JenniferJJacobs) March 30, 2021