Bloomberg Politics
Bloomberg Politics
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Biden Won't Raise Taxes on Anyone Making Less Than $400,000

Posted

April 22, 2021

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Apr.22 -- Bloomberg reports exclusively that President Joe Biden wants to almost double the capital gains tax for wealthy individuals to 39.6%. White House Press Secretary Jen Psaki, when asked about the capital-gains plan at a press briefing Thursday, said, “we’re still finalizing what the pay-fors look like.”

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President Joe Biden

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Biden Won't Raise Taxes on Anyone Making Less Than $400,000 · Bloomberg Politics · Sentinel