Making above $400,000? POTUS's new budget drops tax bombs on the wealthy.

JUST IN: Biden’s new budget includes a new minimum tax on wealthy individuals’ unrealized capital gains, a quadrupled tax on stock buybacks and higher Medicare taxes on people making over $400,000.

10:17 PM · Mar 8, 2023

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unusual_whales

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House Speaker Kevin McCarthy immediately dismissed Biden’s plans to increase levies, telling reporters Wednesday “I do not believe raising taxes is the answer.” Read more: unusualwhales.com/news/bidens-ne…

4:23 AM · Mar 9, 2023

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Making above $400,000? POTUS's new budget drops tax bombs on the wealthy.

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