How Does Biden’s Tax Plan Affect You?
President-elect Joe Biden’s proposed tax plan would raise taxes on high-income households and corporations. At the same time, he plans to increase tax credits for many low- and moderate-income families. Biden’s plan would repeal many of the tax cuts outlined in the Trump-sponsored Tax Cuts and Jobs Act (TCJA).
Original Article Source Credits: The Balance , https://www.thebalance.com/
Article Written By: Kimberly Amadeo
Original Article Posted on: April 30, 2021
Link to Original Article: https://www.thebalance.com/biden-s-tax-plan-5095241