WASHINGTON -- President Joe Biden again reiterated he intends to raise taxes for the most wealthy Americans in an ABC News interview aired Wednesday, saying "anybody making more than $400,000 a year ...
President Joe Biden will propose a minimum 20% tax rate that would hit both the income and unrealized capital gains of U.S. households worth more than $100 million as part of his budget proposal to be ...
(Bloomberg) -- The U.S. Treasury Department estimated that wealthy taxpayers as a group are hiding billions of dollars of income, a conclusion that aims to bolster the Biden administration’s call for ...