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Biden budget would cut deficit by $3 trillion over next decade with 25% minimum tax on richest Americans

Por: CNBC Politics March 10, 2023

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watch nowVIDEO1:5001:50White House releases Biden's proposed budgetPresident Joe Biden released his budget on Thursday, vowing to cut $3 trillion from the federal deficit over the next decade, in part, by levying a 25% minimum tax on the wealthiest Americans.Biden's budget would also raise more revenue by increasing taxes on oil and gas companies, hiking the corporate tax rate to 28% from 21% imposed under former President but below... + full article



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