Tuesday, May 28, 2024

10 Groups Who Face Higher Taxes Under Biden’s Budget

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President Joe Biden
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The White House has released President Joe Biden’s proposed budget for fiscal year 2025. It includes a number of tax hikes for people and companies in various demographics, including scenarios that would reverse past tax cuts or take away existing tax breaks. It’s important to note only Congress can pass a budget, and proposals like this are generally unlikely to make it through Congress…

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