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Biden to back tax hikes and steps to shore up Medicare as he rolls out budget proposal this week

Por: MarketWatch Politics March 07, 2023

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The tax hikes that Biden could talk up include a billionaire minimum tax, a quadrupling of the levy on stock buybacks and higher taxes on corporations — all measures that he’s .  Biden said during a speech last week in Virginia Beach, Va., that he’s “going to raise some taxes” as he introduces his proposed budget, and he mentioned that billionaires would be targeted. He referred to the very wealthy again Monday while speaking at an... + full article



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